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    Karl Jacob

    Serial entrepreneur and investor based in California

    Karl Jacob is a seasoned entrepreneur and the CEO and co-founder of LoanSnap, a fintech company focused on transforming the mortgage industry. With over 20 years of experience in building, advising, and investing in startups, Jacob has a significant track record of raising capital and generating substantial returns for investors. He has successfully raised 23 rounds of financing from notable investors, including Richard Branson’s Virgin Group, Microsoft, and eBay, among others.13

    Throughout his career, Jacob has founded and sold multiple companies, including Dimension X (acquired by Microsoft) and Cloudmark (acquired by ProofPoint). His entrepreneurial journey includes serving as an advisor to Facebook and mentoring various startups.12 At LoanSnap, which he co-founded in 2017, he has raised approximately $100 million, aiming to disrupt the traditional mortgage market by focusing on consumer-friendly lending practices.45

    Jacob holds a B.S. in Computer Science from the University of Southern California and is involved in angel investing and advising startups.12 Despite facing challenges in recent years, including legal issues and financial difficulties at LoanSnap, he continues to be recognized for his contributions to the fintech industry.45

    Highlights

    Jun 10 · betakit.com
    F|T: The FinTech Times – The unravelling of LoanSnap after raising ...
    F|T: The FinTech Times – The unravelling of LoanSnap after raising ...
    Jun 3 · techcrunch.com
    After raising $100M, AI fintech LoanSnap is being sued, fined, evicted
    Sep 8 · youtube.com
    Karl Jacob explains home mortgages on the blockchain at the Apex ...
    Karl Jacob explains home mortgages on the blockchain at the Apex ...
    Sep 19 · Dayton Daily News
    ZIMMERMAN, Karl - Dayton Daily News
    ZIMMERMAN, Karl - Springfield News Sun

    Related Questions

    What inspired Karl Jacob to start LoanSnap?
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    Karl Jacob
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    Experience

    CEO and co-founder at LoanSnap
    Board Member at Mayvenn, Angel Investor, CEO at Hangtime Inc., Executive Chairman at Coveroo, CEO at Coveroo, CEO at Wallop, Strategic Advisor at Facebook, CEO at Cloudmark, CEO at Keen, CEO at Ingenio, General Manager at Microsoft, CEO at Dimension X, Manager at Sun Microsystems

    Education

    Summer Internship at Apple, developed prototypes on Hypercard and AUX

    Location

    San Francisco Bay Area