Company Announcements

Roostify Co-Founder and CEO Rajesh Bhat Honored by Goldman Sachs Among Top 100 Most Intriguing Entrepreneurs at Builders + Innovators Summit

—Goldman Sachs ninth annual Builders + Innovators Summit unveils impressive list of industry leaders—

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 16, 2019-- Goldman Sachs (NYSE:GS) is recognizing Roostify Co-Founder and CEO Rajesh Bhat as one of the 100 Most Intriguing Entrepreneurs of 2019 at its Builders + Innovators Summit in Santa Barbara, California.

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Roostify Co-Founder and CEO Rajesh Bhat (Photo: Business Wire)

Roostify Co-Founder and CEO Rajesh Bhat (Photo: Business Wire)

Goldman Sachs selected Bhat from many nominees throughout multiple industries to be honored at the three-day event. Founded in 2012, Roostify provides a public cloud-based lending platform offering to banks, leveraging data and technology to improve the customer experience by making the process of getting a loan easier and more efficient. Bhat leads a team of innovative thinkers with a mission to reinvent the lending experience through digital transformation so people can accelerate their future. The Roostify platform processes nearly $20 billion a month across numerous industry-leading lending institutions.

“I am honored to be recognized for the work we are doing to advance the consumer home lending experience,” said Bhat. “I am proud to stand alongside other entrepreneurs whom I greatly respect and who are each working to transform their respective industries and help customers in new and innovative ways.”

“True innovation is built from a diversity of perspectives and experiences,” said David M. Solomon, Chief Executive Officer of Goldman Sachs. “Our Builders + Innovators Summit brings together a collective of impressive future leaders who are striving to drive meaningful change. For 150 years, Goldman Sachs has supported entrepreneurs as they launch and grow their businesses. That’s why we are pleased to recognize Rajesh as one of the most intriguing entrepreneurs of 2019.”

In addition to honoring 100 entrepreneurs, the summit consists of general sessions and clinics led by seasoned entrepreneurs, academics and business leaders as well as resident scholars.

About Rajesh Bhat

Rajesh Bhat is co-founder, chief executive officer and board director of Roostify. He is responsible for establishing and executing on the vision of Roostify and delivering on the brand promise of Reinvent Lending. Realize Dreams. Over the past six years, he has scaled Roostify from 3 employees to over 100 and has crossed major industry milestones, including reaching $250 billion in loans processed.

Rajesh co-founded Roostify in 2012 after a challenging home buying experience instilled in him a passion to increase the transparency and simplicity of the experience and the consumer lending journey overall. Today, Roostify is named by CB Insights as one of the top 250 growing fintechs in the world. Leading enterprise banks, including several top global financial institutions, trust the Roostify digital lending platform to optimize the mortgage experience and bring them securely and compliantly into the age of the public cloud.

Prior to starting Roostify, Rajesh spent fourteen years in management consulting, most recently at Pace Harmon, a boutique transaction advisory firm, where he helped to establish its West Coast practice while working with Fortune 500 companies on defining and executing technology strategy. He began his career at Ernst & Young LLP and holds a Bachelor’s degree in Computer Science from Washington University in St. Louis.

About Roostify

Founded by consumers looking for a better way to buy a home, Roostify leads the industry in delivering accelerated and transparent digital lending experiences, processing nearly $20 billion a month in loans. From enterprise banks to independent mortgage lenders, lenders across the United States rely on Roostify to speed up closings, reduce risk and unnecessary work, and improve their customers’ lending experience. The company’s highly secure, future-proof lending platform is trusted by some of the world’s largest lenders. For more information, please visit www.roostify.com or follow them on social media at LinkedIn www.linkedin.com/company/roostify or Twitter @Roostify.

Source: Roostify

Roostify Media Relations
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Alyson Austin
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