Following the closing of its $32 million Series C funding round, Roostify has made another addition to its team.
Coming onboard as vice president of sales and business development is Randy Jones, who is making the switch from Freddie Mac where he most recently served as vice president of client engagement. The home lending tech provider said that the $32 million investment allows Roostify to expand its leadership team and entire staff.
“Randy joins our growing team at an important time,” said Roostify CEO Rajesh Bhat. “We wanted a business development and sales leader committed to client success. We know Randy has the industry knowledge necessary to connect client needs to our unique AI solutions. His experience plus our innovative technology equals deep industry expertise which will help rapidly expand the company and amplify the impact Roostify has already made in the market.”
Jones brings 28 years of mortgage lending experience. He has held roles in sales, product development, and client success. Jones said that assembling a consultative sales team of industry experts is first on his to-do list. He and his team will engage with lenders to identify how Roostify can tailor its digital lending platform to their needs.
“The pandemic pushed lenders to increasingly shift to digital lending models as brick and mortar branches were required to close for periods of time,” Jones said. “Roostify’s product features and functionality are enabling lenders to continue doing business and are helping transform an industry.”