Ellie Mae

The public record does not identify a specific family office managing the Anderman family's proceeds from the 2021 sale. Sig Anderman and his family have philanthropic vehicles, but no dedicated investment management entity is disclosed (per public record).

Ellie Mae was acquired by Thoma Bravo in 2021 for $3.7 billion and joined with Intercontinental Exchange's mortgage technology assets. In 2023, Thoma Bravo merged Ellie Mae with Black Knight to form a combined platform (per TechCrunch, 2021; HousingWire, 2023).

Ellie Mae operates a SaaS platform called Encompass that provides end-to-end mortgage origination, including loan processing, underwriting, and compliance. It generates revenue through subscriptions and transaction fees tied to the number of loans processed (per the firm's official communications).

As an operating company, Ellie Mae does not function as an investment vehicle. The wealth generated for founders is managed separately; no public information exists about direct or fund investment activity by the Anderman family (per public record).

Ellie Mae primarily serves the US residential mortgage industry, and technology for financial services. It does not target other sectors such as healthcare or energy (per the firm's official communications).

Ellie Mae has historically competed with and partnered with firms like Black Knight, ICE Mortgage Technology, and LoanLogics. The 2021 acquisition by Thoma Bravo and subsequent mergers have consolidates its position in the market (per HousingWire, 2023).

The Anderman Family Foundation is a private philanthropic organization established by Sig Anderman and his wife. It focuses on education, health, and community support in the San Francisco Bay Area (per IRS Form 990 filings).