In this week’s founder interview, we’re bringing you Will Dunn from Gravy.
Without having even more ado…
Who are you and what do you do?
I am the co-founder and Main Development Officer at Gravy, a cell app that assists renters preserve money and purchase their very first dwelling sooner.
I concentration on our strategic roadmap and determining new methods that we can assist aspiring home owners triumph. That mandate spans merchandise, partnerships, member acquisition, retention, and monetization.
Prior to beginning Gravy, I headed up the shopper staff at Buildium, a primary home administration application firm utilized by tens of millions of renters, along with my co-founders Jeff Dinter and Jimmy Lien. I started out my career in technological know-how expense banking and non-public fairness.
What dilemma does your products/assistance fix?
You want to invest in a house sometime, but where by do you even start off?
The Gravy application is built to be the two the first phase toward homeownership for renters and every single phase thereafter, to and as a result of obtaining the keys to a new property. Conserve for a down payment, establish your home loan credit rating score, learn about the method, and finally discover and finance the home.
Homeownership is a popular purpose that nearly all of the 100M renters in the US share. We made Gravy to operate for 100% of renters, irrespective of where you are living now or when/where by you want to obtain.
The key sauce is Gravy Rewards, a to start with-of-its-form loyalty application the place customers generate hard cash back again toward their long term home order. A usual member will conserve thousands of bucks by cashing in their Gravy Rewards with our partner lenders and brokers.
What are you most energized about appropriate now?
The median web worth of a property owner is 40 times higher than that of a renter. Proudly owning a house is the #1 driver of prosperity development for Us residents, but with residence prices, rents, and home loan rates through the roof it has in no way been tougher to obtain your 1st dwelling.
Nowadays, there are at least a dozen companies, and almost certainly quite a few extra, with practically similar mission statements: to make homeownership additional available.
It is a team we are proud to be a component of. This is a massive issue and I am so psyched about how significantly time, vitality, and consideration some truly remarkable individuals are paying to clear up it.
What’s up coming for you?
The start of our partnership product or service. Because virtually working day a single, this has been our most requested attribute.
Loan providers, brokers, property professionals, and even companies all want to aid individuals obtain their initially dwelling. They interact with aspiring householders each working day, as not-really-ready house loan applicants, just-browsing home customers, tenants, and workers. Gravy is the great tool to assist these individuals prepare to acquire and help save a great deal of money whilst they are at it.
We are introducing a co-branded version of our app, to start with for home finance loan creditors and true estate agents, to aid them create effective relationships with their clients and close a lot more residences.
What’s a cause you are passionate about and why?
Homelessness is a bring about I treatment about deeply. It is not the resolution, but since underwear is typically the most requested, but the very least donated merchandise, I founded an on-line shop a long time back that donates a pair of underwear to individuals in have to have for just about every one that we provide. We donate to wonderful businesses like Cradles to Crayons and Bay Cove Human Expert services, which are executing the true perform. Make sure you volunteer or give a gift!
Many thanks to Will for sharing his tale. If you’d like to link, find him on LinkedIn in this article.
We’re constantly seeking for great true estate tech entrepreneurs to feature. If that’s you, please go through this post — then drop us a line ([email protected]).
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