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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
Karl Jacob, photo 1
Karl Jacob, photo 2
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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