Blooma

Blooma

Blooma is a simple and cost effective loan origination platform. Learn more
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DateInvestorsAmountRound
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N/A

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$2.8m

Seed

$3.0m

Early VC

$15.0m

Series A
Total FundingAUD32.1m

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Blooma, Inc. is a technology company that revolutionizes the underwriting and monitoring of commercial real estate (CRE) loans using artificial intelligence (AI). The platform is designed to cut out low-value tasks, thereby maximizing productivity and reducing origination time and overall costs. Blooma serves financial institutions, including banks and credit unions, that are involved in CRE lending. The company operates in the financial technology (fintech) market, focusing on automating and streamlining the loan origination process. Blooma's business model is based on a Software-as-a-Service (SaaS) platform, where clients subscribe to use its AI-driven tools. The company generates revenue through subscription fees and possibly additional service charges for premium features. By automating underwriting processes, Blooma allows its clients to focus more on strategic decision-making and less on manual tasks, thereby increasing transaction volumes and improving operational efficiency.

Keywords: AI-driven, commercial real estate, loan underwriting, fintech, SaaS, productivity, cost reduction, financial institutions, automation, CRE lending.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.