Rocket Companies
Detroit, Michigan, United States · Analytics, Artificial Intelligence, Financial Services
Rocket Cos. is a leading mortgage company focused on providing innovative home financing solutions. The company has been actively acquiring other firms to enhance its service offerings and market share. It aims to create a streamlined homeownership experience using advanced technology and customer care. Rocket is committed to simplifying the mortgage process for clients.
Key facts
- Headquarters
- Detroit, Michigan, United States
- Employees
- 15,000
- Industries
- Analytics, Artificial Intelligence, Financial Services
- Status
- Public (RKT)
- Website
- rocketcompanies.com
- Company page
Recent activity at Rocket Companies
- : SEC 8-K (7.01): On October 29, 2026, Rocket Companies, Inc. provided supplemental financial information regarding its results for the third quarter concluded on September 30, 2026. This information was made accessible on the company's investor relations website. The disclosure is part of Regulation FD, indicating the company's commitment to sharing significant financial updates in a timely manner with investors. This action reflects the company's ongoing transparency and aims to keep shareholders informed about its financial performance.
- : Rocket Companies completes acquisition of Redfin
- : SEC 8-K (5.02): On August 17, 2026, Rocket Companies, Inc. expanded its Board of Directors from nine to ten members, appointing Sarah Watterson as a Class III director. Ms. Watterson's term will last until the company's annual meeting in 2029, contingent on her continued eligibility. She brings extensive experience from her roles at 3 Star Sports & Entertainment and Brightline West, among others. Ms. Watterson will receive an annual cash retainer of $75,000 and an initial grant of restricted stock units valued at $215,000, which will vest after one year, reflecting the company's commitment to integrating experienced leaders into its governance structure.
- : SEC 8-K (5.02): On August 17, 2026, Rocket Companies, Inc. expanded its Board of Directors from nine to ten members. Sarah Watterson was appointed as a Class III director, filling the newly created vacancy. Her term will last until the annual meeting of stockholders in 2029. Watterson is the President of 3 Star Sports & Entertainment, LLC, which operates in various sectors including sports and media, and her appointment reflects the company's strategy to enhance its governance with experienced professionals in diverse industries.
- : SEC 8-K (7.01): On August 6, 2026, Rocket Companies, Inc. made supplemental financial information available on its website regarding the results for the second quarter ended June 30, 2026. This disclosure is meant to provide investors with additional insights into the company's financial performance during that period. The information, including details mentioned in Exhibit 99.1, is not deemed 'filed' under the Securities Exchange Act, meaning it's shared for informational purposes rather than formal compliance. This move may impact investor perceptions and market confidence regarding the company’s ongoing performance.
- : SEC 8-K (1.01): On July 16, 2026, Rocket Companies, Inc. entered into a new Revolving Credit Agreement with an initial commitment of $2.5 billion maturing on July 16, 2029. The agreement, established with JPMorgan Chase Bank, N.A. as the administrative agent, allows the Company to utilize the borrowings for general corporate purposes. It is secured against specific covenants and events of default, including restrictions on additional debt and essential financial maintenance covenants. Additionally, on the same day, the Company terminated its previous 2025 Credit Agreement with no penalties involved, indicating a strategic move to improve or restructure its financing options.
- : SEC 8-K (1.01): On June 16, 2026, Rocket Companies, Inc. closed an offering of $900,000,000 aggregate principal amount of 6.125% senior notes due 2031 and $600,000,000 aggregate principal amount of 6.500% senior notes due 2034. This offering, pursuant to Rule 144A and/or Regulation S under the Securities Act, is meant to refinance existing debt obligations, including the redemption of Rocket Mortgage LLC’s 2.875% Senior Notes due 2026 and 5.250% Senior Notes due 2028. The Notes are fully guaranteed by the Company's subsidiaries and are structured to provide cash interest payments semi-annually. The financing condition for the redemptions of the Rocket Mortgage Notes is satisfied by this transaction, with scheduled redemptions set for June 19, 2026, and July 9, 2026, respectively.
- : SEC 8-K (8.01): On June 9, 2026, Rocket Companies, Inc. announced the upsizing and pricing of its private offering of $900,000,000 aggregate principal amount of 6.125% senior notes due 2031 and $600,000,000 aggregate principal amount of 6.500% senior notes due 2034. The offering will close on June 16, 2026, subject to customary conditions, and the proceeds will be used to repay existing senior notes. Conditional redemption notices for the 2026 and 2028 Rocket Mortgage Notes were issued for redemption on June 19, 2026, and July 9, 2026, respectively, with the redemption contingent on the closure of the offering. This offering is restricted to qualified institutional buyers and certain non-U.S. persons, complying with SEC regulations under Rule 144A and Regulation S, respectively.
- : SEC 8-K (8.01): On June 9, 2026, Rocket Companies, Inc. announced a private offering of $600,000,000 in senior notes due 2031 and another $600,000,000 in senior notes due 2034, collectively referred to as the 'Notes'. The Notes will be unconditionally guaranteed by the Company’s domestic subsidiaries. The proceeds from this offering are intended to be used to repay existing indebtedness, including Rocket Mortgage, LLC’s 2.875% Senior Notes due 2026. This private offering is aimed only at qualified institutional buyers and certain non-U.S. persons, and the transaction is subject to regulatory exemptions from the Securities Act. A press release detailing the offering is included as an exhibit in the filing.
- : Rocket Companies partners with Redfin to offer up to $20,000 in savings for homebuyers and sellers.
Rocket Companies funding history
| Date | Round | Amount |
|---|---|---|
| Sep 2025 | Seed | $15.0M |
Leadership
- Rahul Shingala, Founder
- Vishal Virani, Founder
- Chief Technology Officer, Chief Technology Officer
- Varun Krishna, Chief Executive Officer
- Jonathan Mildenhall, Chief Marketing Officer
- Glenn McGillivray, Chief People and Places Officer
- Shawn Malhotra, Chief Technology Officer
- Heather Lovier, Chief Operating Officer
Verified email and direct lines for Rocket Companies’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Rocket Companies files 1 employee benefit plan with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Rocket Companies in the news
- Rocket Companies to Acquire Redfin, Accelerating Purchase Mortgage Strategy - Rocket Companies (Mar 10, 2025)
- Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier - Rocket Companies (Apr 09, 2024)
- Rocket Companies Closes $14.2 Billion Acquisition of Mr. Cooper - Rocket Companies (Oct 01, 2025)
- Rocket Companies Completes Acquisition of Redfin - Rocket Companies (Jul 01, 2025)
- Rocket Mortgage Puts Purchasing Power in the Hands of Clients with Bridge Loans – Enabling Homeowners to Buy Now, Sell Later - Rocket Companies (Jun 24, 2025)
- Mr. Cooper, America’s Largest Servicer, Joins Rocket, the Nation’s Largest Lender - Rocket Companies (Mar 31, 2025)
- Rocket Mortgage Sues United States Department of Housing and Urban Development - Rocket Companies (Dec 05, 2024)
- Rocket Mortgage’s Inflation Buster Program Helps Homebuyers Tame Higher Costs Through a Lower Mortgage Payment - Rocket Companies (Oct 11, 2022)
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About Rocket Companies: questions and answers
What does Rocket Companies do?
Rocket Cos. is a leading mortgage company focused on providing innovative home financing solutions. The company has been actively acquiring other firms to enhance its service offerings and market share. It aims to create a streamlined homeownership experience using advanced technology and customer care. Rocket is committed to simplifying the mortgage process for clients.
Where is Rocket Companies headquartered?
Rocket Companies is headquartered in Detroit, Michigan, United States.
How many employees does Rocket Companies have?
Rocket Companies has about 15,000 employees.
Has Rocket Companies raised funding?
Yes. Fundz has recorded 1 funding event for Rocket Companies. The most recent, Seed of $15.0M, was in Sep 2025.
Who leads Rocket Companies?
Rahul Shingala is a Founder at Rocket Companies.
What is the latest news on Rocket Companies?
On Oct 29, 2026, SEC 8-K (7.01): On October 29, 2026, Rocket Companies, Inc. provided supplemental financial information regarding its results for the third quarter concluded on September 30, 2026. This information was made accessible on the company's investor relations website. The disclosure is part of Regulation
Is Rocket Companies a public company?
Yes. Rocket Companies is publicly traded under the ticker RKT.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy