Unlock: Building a Platform that Helps Homeowners Exchange Home Equity for Cash

Unlock is a financial services company that helps American homeowners retrieve a portion of their home’s equity without selling or taking out a loan. After closing their Series A, Unlock approached us to help hire key technical roles. Over the next few years, we helped them build three cross-functional teams by filling 28 technical positions.

Unlock: Helping Homeowners Exchange Home Equity for Cash

Unlock gives homeowners a one-time, lump-sum payment for a percentage of their home’s future value. Unlike traditional loans or a reverse mortgage, Unlock provides homeowners a “home equity agreement (HEA)”, which means they aren’t charged interest or forced to pay monthly installments. Instead, homeowners simply pay Unlock a percentage of their home’s appreciated value when they sell.

The Challenge: Building a Hiring Pipeline for a Hypergrowth FinTech Startup

Unlock needed a robust hiring process to fill a diverse set of technical roles. Over 16 months, we helped them build a pipeline of highly skilled developers with the right skills to succeed in the fast-growing startup. During our partnership, we helped Unlock hire and onboard 28 team members, including developers, designers, and QA engineers.

“Scalable Path took the time to truly understand how Unlock operated and found dedicated talent quickly who reflected our needs and expectations.”

Paul Tucker, Head of Product

Combining Specialized Hiring Technology with Human Expertise to Source the Right Candidates

After an initial discovery call with Unlock to get to know their needs, values, and working style, we began our talent search. Using our proprietary skills matrix, we quickly identified talent with the right technical skills for each of Unlock’s roles. This part of the process is automated: we use custom-built technology to review our network of 30,000 freelancers and generate a list of potential candidates.