Reversevision
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Reversevision - overview
Established
2007
Location
San Diego, CA, US
Primary Industry
Software
About
ReverseVision provides a specialized lending platform for Home Equity Conversion Mortgages (HECM), facilitating the origination and management of reverse mortgages for older borrowers. Founded in 2007 in San Diego, US, ReverseVision specializes in solutions for the reverse mortgage sector. The company was acquired by Constellation Mortgage Solutions Inc. in February 2022, aiming to enhance their digital mortgage ecosystem.
Steven Antini founded the company, while Joe Langner currently serves as CEO. ReverseVision® LOS delivers a comprehensive lending platform designed for the origination of Home Equity Conversion Mortgages (HECM), targeting retail, wholesale, and correspondent channels. The platform includes advanced tools for originators to qualify and compare HECM options, catering especially to seniors seeking financial solutions for aging in place. This technology supports lenders and brokers in accessing the growing reverse mortgage market across multiple geographic areas, particularly in the US.
ReverseVision earns revenue through B2B partnerships and software licensing agreements with financial institutions and mortgage lenders. Its primary income source is subscription fees from its flagship product, ReverseVision LOS. This model allows seamless integration into existing operations, enhancing clients' ability to offer HECM products. Each partnership operates on a subscription tier system based on service levels, solidifying ReverseVision's presence in the reverse mortgage industry.
Following its acquisition in February 2022, ReverseVision plans to enhance its product offerings and expand its market reach. The company is focusing on developing new tools and features for its platform, aimed at improving user experience for both lenders and borrowers. Moreover, ReverseVision seeks to penetrate additional geographic markets, targeting regions where demand for reverse mortgages is growing. The recent acquisition will support these initiatives, enabling ReverseVision to leverage Constellation Mortgage's resources for future development.
Primary Industry
Software
Sub Industries
Accounting/Finance Software
Website
http://www.reversevision.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Reversevision - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Reversevision | - | ||||||||
| Buyout | Completed | Reversevision | - |
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