Tech
People of Color
thryv
Advanced loan servicing platform transforming antiquated $11.7T mortgage market
Miami,
FL
Investment type:
Equity
(SAFE)
Target raise:
$50,000
- $1,000,000
Minimum investment:
$100
$100
End date:
May 01, 2023
May 01, 2023
ended
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Highlights
- ?? One of the first borrower-centric cloud-based residential mortgage loan servicing platforms
- ?? Proprietary technology improves operational efficiencies and reduces fallout for Loan Servicers
- ?? Built from the ground up as a cloud-based B2B SaaS platform with a traditional subscription model
- ??????????? Active Loan Servicers and Borrowers using platform and providing beneficial feedback
Our Story
Our cloud-based Software-as-a-Service (SaaS) technology platform cuts US residential mortgage Loan Servicer costs and reduces loan fallout while improving the Borrower experience. We make money by charging a monthly subscription fee for our technology to Loan Servicers.
Our Ambition
In five years, we will have ~1 million Borrowers benefiting from thryv ? and $50 million of annual recurring revenue. We are targeting for thryv ? to be the system of record for Borrower engagement for one of the two primary Government Sponsored Enterprises - Freddie Mac or Fannie Mae. Accomplishing this would mean that the use of our application would be mandated to their residential loan servicers on any loan that they own.