**Rocket Companies, Inc.** is a leading American fintech and homeownership services organization headquartered in Detroit, Michigan. Founded by Dan Gilbert, its flagship subsidiary, **Rocket Mortgage**, has positioned the company as one of the largest mortgage lenders in the United States. Established officially as Rocket Companies in 2020, the organization has rapidly expanded its footprint in the mortgage and real estate market using innovative digital platforms[1][2].
The company’s core mission centers on helping clients achieve homeownership and financial freedom by delivering fast, simple, and reliable digital solutions for complex financial transactions. Rocket Mortgage revolutionized the mortgage industry twice since its inception in 1985, pioneering digital mortgage lending that significantly streamlined the loan application and approval process[2]. This digital-first approach has enabled Rocket Mortgage to close over $1.8 trillion in home loans, demonstrating both scale and market leadership[4].
Rocket Companies operates through a portfolio of synergistic subsidiaries that cover various facets of the homeownership journey. These include **Redfin**, a technology-driven real estate brokerage known for its popular website and innovative services like on-demand home tours and reduced agent fees, and **Rocket Money** (formerly Truebill), a personal finance app designed to help users manage subscriptions, budgets, and savings efficiently[4]. Together, these businesses create an integrated platform from home search to closing and beyond, enhancing the customer experience and broadening market reach.
The company went public in 2020 and is listed on the New York Stock Exchange under the ticker RKT[1]. Rocket Companies employs nearly 600 people and emphasizes community involvement, donating millions of dollars and thousands of volunteer hours annually to local organizations in Detroit and beyond[2][3].
Notably, Rocket Companies is focused on expanding its market share in the fragmented mortgage industry, which is dominated by smaller players where the top five lenders hold less than 20% of the market. Its scalable digital platforms and strong client experience position it well for continued growth and innovation in fintech an