Rocket Companies appoints Alex Rampell to its Board as Independent Director

– USA, MI –  Rocket Companies (NYSE: RKT), the Detroit-based fintech platform company including mortgage, real estate, and other financial services businesses, announced the appointment of Alex Rampell to its Board as an independent director.

Varun Krishna, Rocket Companies CEO, also joined the Board of Directors in December 2023 bringing a wealth of knowledge and perspective into the fintech space.

About Alastair Rampell

Alex Rampell serves as General Partner at Andreessen Horowitz, focusing on fintech investments. A noted serial entrepreneur, he cofounded many tech-driven financial companies including Affirm, one of the largest businesses in the rapidly growing ‘buy-now-pay-later’ space, which went public in early 2021. He also cofounded TrialPay, a transactional advertising and payments company serving some of the world’s largest digital goods and e-commerce clients, which was acquired by Visa in 2015. Most recently, Alex Rampell has been an advocate of the responsible use of artificial intelligence, forecasting that generative AI will usher in significant transformation and disruption in the financial services space.

“When I heard Varun speak about the AI tools Rocket is creating, and the massive amount of data at their fingertips, I was simply blown away. The impact that Rocket can have for North Americans who are working toward their dream of homeownership is monumental,” said Alex Rampell. “I’m looking forward to working closely with leadership and the Board to learn even more about how we can make Rocket the leader in using AI to simplify the process of buying, selling and financing homes.”

Alex Rampell is a tech visionary who has been a software engineer and innovator since childhood. At just 10 years old, he began developing “shareware” programs that were posted across the internet. After paper checks started filling his mailbox as payment for his software, he realized there had to be a way to better send and receive funds. This frustration led to his first foray into the fintech space, as he pioneered a way to receive payments through email. He continued building disruptive technology through high school and college, before founding many innovative startups.

Alex Rampell also serves on the boards of several Andreessen Horowitz portfolio companies, including Branch, Brightside, Descript, Divvy, Earnin, FlyHomes, Loft, Mercury, Point, Propel, Sentilink, Super Evil Mega Corp, Wise Ltd, and Very Good Security.

He holds a BA in Applied Mathematics and Computer Science from Harvard University.

About Rocket Companies

Founded in 1985, Rocket Companies is a Detroit-based fintech platform company including personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock, Rocket Money, Rocket Loans, Rocket Mortgage Canada, Lendesk, Core Digital Media, and Rocket Connections.

The Company helps clients achieve the goal of home ownership and financial freedom through industry-leading client experiences powered by its simple, fast, and trusted digital solutions. J.D. Power has ranked Rocket Mortgage #1 in client satisfaction for both primary mortgage origination and servicing a total of 21 times.

For more information: https://www.rocketcompanies.com/

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