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Lendsnap logo — Enhancing the loan process with a borrower concierge that au...

Lendsnap

Enhancing the loan process with a borrower concierge that automates the collection and sharing of essential documents.

Founded 2014 Seed Total: $120.00K Financial Services, Fintech

General Information

Company Name Lendsnap
Founded Year 2014
Industries Financial Services, Fintech
Funding Stage Seed
Social

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About Lendsnap

Lendsnap is a Fintech startup that was founded in 2014. The company's slogan, "Enhancing the loan process with a borrower concierge that automates the collection and sharing of essential documents," encapsulates their mission. Lendsnap's focus lies in enhancing how lenders connect with and assist borrowers, specifically mortgage lenders. The startup provides mortgage lenders with a borrower concierge to automate the collection and sharing of qualifying documents, thereby simplifying and expediting the loan process. Their platform achieves this by connecting borrower financial accounts, collecting original documents such as bank statements, W2's, tax returns, and pay stubs. Lendsnap's innovative approach has garnered attention and support, as evidenced by their Seed Round investment on 27 June 2017. The investors involved in this round include SeedInvest, Sean Bill, and Sunmeet Jolly. With its emphasis on streamlining the loan documentation process and the backing of notable investors, Lendsnap is positioned to make significant strides in the Financial Services and Fintech industries.

Business keywords: loan process enhancement, borrower concierge, document automation, mortgage lending, financial account linking, original document collection, qualifying documents, loan documentation automation, financial data, lender-borrower connection, mortgage industry, tech platform, document management

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 3
SeedInvest
SeedInvest, Sean Bill +1
27 Jun 2017
Seed Round $120.00K 3
Y Combinator Alchemist Accelerator Cerium Technology Ventures
Y Combinator, Alchemist Accelerator +1
22 Aug 2016
Non Equity Assistance Undisclosed 1
Berkeley SkyDeck
Berkeley SkyDeck
01 Jun 2015

Lendsnap Alternatives & Competitors

View All Alternatives
Lendsnap vs
CommLoan
CommLoan United States

Bringing Efficiency to Commercial Real Estate Lending

Seed
86 employees
Financial Services, Fintech
Lendsnap vs
RealKey
RealKey United States

Close more loans, faster, with less effort.

Private Equity
11 employees
Finance, Financial Services
Compare Lendsnap vs RealKey
Lendsnap vs
Able
Able United States

Accelerating commercial lending

Series A
5 employees
AI, Analytics
Also compare with: Lendsnap vs Ocrolus Ocrolus View all alternatives

FAQ About Lendsnap

Enhancing the loan process with a borrower concierge that automates the collection and sharing of essential documents.
Lendsnap was founded in 2014.
Lendsnap operates in Financial Services and Fintech. Its work centres on loan process enhancement, borrower concierge, document automation and mortgage lending.
Lendsnap has completed 3 funding rounds, raising a total of $120.00K. The latest funding stage is Seed.
Top alternatives and competitors to Lendsnap include CommLoan, RealKey, Able, Neofin solutions , Ocrolus. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lendsnap and CommLoan are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lendsnap, https://bouncewatch.com/company/lendsnap, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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