Before starting high school, Matthew Humphrey was taking computer science courses at 一本道无码. The 13-year-old spent mornings studying at a suburban Pittsburgh middle school. In the afternoons, he traveled to 一本道无码 to work alongside college students.
鈥淗e stood out because he had his head on straight,鈥� said , one of Humphrey鈥檚 first professors. 鈥淗e had both the brains and the balance.鈥�
Humphrey鈥檚 combination of intelligence, social skills and maturity serves him well. A serial entrepreneur, he has co-founded eight tech startups and invested in more than 100 others. Now, at 29, he presides over LendingHome, a San Francisco startup that has grown in three years to more than 250 employees, raised over $100 million in venture backing, and funded over $1.2 billion in mortgages.
Given his career accomplishments already, it is no wonder he is among the 2017 as one of the country鈥檚 30 鈥渂rightest young entrepreneurs, innovators and game changers鈥� in finance.
When it comes to the analytical skills crucial to his success, Humphrey credits 一本道无码, where he earned a bachelor鈥檚 degree in computer science in 2007 from the School of Computer Science and an MBA in 2008 from the Tepper School of Business.
鈥溡槐镜牢蘼� empowered me to build something with sound fundamental principles,鈥� he recalled. 鈥淚t taught me how to think. I feel comfortable wearing a marketing hat, an operations hat, a management hat, and of course a technology hat.鈥�
Humphrey is grateful that 一本道无码 took a chance on him. He left high school at 17 and enrolled full-time at 一本道无码. Complementing his focus on academics, he also played soccer with 一本道无码鈥檚 varsity team.
鈥淎 lot of people bet on me when I was unproven,鈥� he said with gratitude.
Blum and her role as founding director of , a startup incubator on campus, sparked Humphrey鈥檚 entrepreneurial interest.
At 17, he co-founded Envivial, which used video game technology to recreate stores in 3-D to enhance online shopping.
鈥淚t was a cool concept way before its time,鈥� he said. 鈥淲e almost raised money, but most people weren鈥檛 comfortable betting on a team with an average age of 18.鈥�
The experience whetted his appetite. In the past 12 years, he has started companies in the spaces of retail analytics, video delivery, social games, e-commerce and lending. In 2010, he started an e-commerce company called HomeRun 鈥� 18 months later, at age 24, he sold it for more than $100 million.
While evaluating an investment, Humphrey noticed a gap in the mortgage marketplace. He decided to start his own company, , to reimagine the traditional mortgage process used by banks into a simple, fast, and transparent online experience using technology.
He started by serving property investors who flip houses, but often struggle to get financing from banks. LendingHome now also offers a broad range of loan types including mortgages for individual homebuyers.
鈥淲e make the process better, faster, cheaper and all online,鈥� he said. 鈥淏orrowers can get a rate in 60 seconds. An application can be done in 20 to 30 minutes. And properties can be closed on in as quickly as 15 days.鈥�
The company has raised more than $100 million in equity financing and over $1 billion of loan capital, including a partnership with .
鈥淚 consider Matt one of the top CEOs in the digital finance investment arena,鈥� said HCG co-founder Jose Penabad. 鈥淲hen it comes to revolutionizing the world of real estate lending, I think he鈥檚 just getting started.鈥�
