Rocket Companies

Rocket Companies, Inc. (NYSE: RKT) is a Detroit-based fintech platform company consisting of personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock Title and Settlement Services, Rocket Money and Rocket Loans.

Founded in 1985, Rocket Companies is the largest retail mortgage lender in the US. The company's flagship business, Rocket Mortgage, has provided more than USD 1.8 trillion in home loans since inception. Rocket Mortgage pioneered the first fully digital mortgage experience in 2015.

Rocket Companies leverages proprietary technology, data analytics and a client-centric approach to disrupt and simplify the traditionally complex home buying process. The company's integrated platform offers mortgage origination, real estate services, title insurance, and personal finance solutions.

For the full year 2023, Rocket Companies generated total net revenue of USD 3.8 billion. As of December 31, 2023, the company's servicing portfolio included nearly 2.5 million loans with an unpaid principal balance of USD 509 billion.

Rocket Companies is known for its strong brand recognition and marketing capabilities. The company has invested over USD 5 billion in marketing since inception, including high-profile Super Bowl ads and sports sponsorships.

The company has received numerous accolades for client satisfaction, including being ranked #1 in mortgage origination by J.D. Power for 10 consecutive years. Rocket Companies employs over 20,000 team members across its various businesses.

Rocket Companies went public in August 2020. The company is led by CEO Varun Krishna and is majority owned by Rock Holdings Inc., which is controlled by founder Dan Gilbert.