In early 2018, the chairman of a CRE lender told us about a lack of products to automate the manual activity involved in originating and auditing a CRE lending portfolio
We developed an artificial intelligence machine learning solution that would handle the data gathering, number crunching, and document reading for them. We went commercial in early 2020, bringing our unique solution to CRE lenders around the country.
We sat down with several lenders and mapped out their underwriting processes, and found that talented underwriters and analysts spend most of their time reading through documents and pulling info from all sorts of sources, pasting these into spreadsheets or systems.
Co-Founder & CEO
A strategic visionary and serial entrepreneur and operator, Shayne is dedicated to building emerging technology companies to expedite growth and achieve their goals. In 2004, he co-founded MaintenanceNet, a SaaS platform that automated how companies managed and transacted annuity businesses. Shayne sold the company to Cisco Systems in 2015 for $139M. In 2018 Shayne co-founded Blooma and became its CEO.
An award-winning technology leader with 25 years of international experience, Tal forms and leads ventures and teams to develop, launch, and operate enterprise technology solutions. He was recognized in 2015 as San Diego Magazine’s “Top Technology Executive”. Prior to joining Blooma, Tal ran operations for MaintenanceNet, and post-acquisition he led Operations and data science for Cisco with a team of more than 500 analysts, scientists, and support professionals.
An accomplished technology pioneer and entrepreneur, Shy has more than 29 years of experience leading technology research, design, and development with specific expertise in Big Data, AI, Machine & Deep Learning, Data Normalization, and Crawling. Shy was recognized as a technologist of extraordinary ability by the US government for his knowledge and experience in creating auto-translating, multi-protocol middleware solutions.
Co-Founder & CEO
A strategic visionary and serial entrepreneur and operator, Shayne is dedicated to building emerging technology companies to expedite growth and achieve their goals. In 2004, he co-founded MaintenanceNet, a SaaS platform that automated how companies managed and transacted annuity businesses. Shayne sold the company to Cisco Systems in 2015 for $139M. In 2018 Shayne co-founded Blooma and became its CEO.
An award-winning technology leader with 25 years of international experience, Tal forms and leads ventures and teams to develop, launch, and operate enterprise technology solutions. He was recognized in 2015 as San Diego Magazine’s “Top Technology Executive”. Prior to joining Blooma, Tal ran operations for MaintenanceNet, and post-acquisition he led Operations and data science for Cisco with a team of more than 500 analysts, scientists, and support professionals.
An accomplished technology pioneer and entrepreneur, Shy has more than 29 years of experience leading technology research, design, and development with specific expertise in Big Data, AI, Machine & Deep Learning, Data Normalization, and Crawling. Shy was recognized as a technologist of extraordinary ability by the US government for his knowledge and experience in creating auto-translating, multi-protocol middleware solutions.
