Anderman founded Ellie Mae in 1998 with the mission to automate everything automatable for the residential mortgage industry. Anderman remained CEO of Ellie Mae until 2015 when Jonathan Corr was named president and CEO. Anderman continues to serve as Chairman of the Board of Directors for Ellie Mae. Anderman has had a long history of success founding companies to benefit the mortgage and real estate industries. He started his career in 1975 when he co-founded American Home Shield, now the leading home warranty company in the country. After the sale of American Home Shield in 1982, he started CompuFund, designed to help realtors understand and arrange for mortgage financing using computer technology, coining the phrase “Computerized Loan Originations” or “CLOs.” In 1992, Anderman founded Inspectech, dedicated to automating and streamlining the home inspection business, which he sold just prior to founding Ellie Mae. Upon retirement as CEO of Ellie Mae, Anderman shifted his focus to philanthropy, establishing the Anderman Family Fund, a philanthropic fund dedicated to environmental protection, social and economic justice, the arts and medical research. In 2016, he founded the Springboard Initiative, a nonprofit based in San Francisco providing youth in underserved communities with access to training and the opportunity to acquire skills that will allow them to move into higher paying jobs in the technology sector. The program also supplements the recruitment pipeline of technology start-ups and established brands across the Bay Area.