Phone calls, emails, and Excel

June 20, 2023

As we've built up 4 years of track record and knowledge about how private credit transactions work from start to finish, we've been able to whittle down one by one all the major tasks that we have had to do manually. Whether it's chasing down signatures for subscription documents, confirming investment requests, sending out compliance attestations, the list is lengthy but these were all the things we knew we had to build in order to run an efficient and effective marketplace.

With the big features out of the way, we're starting to get into the nuances and details that help fully remove ourselves from the equation operationally and let the marketplace run itself with us as the guide. A big push for Q3 is going to be the ability for investors to ask their own questions to underwriters and borrowers, taking our team out of the picture as the intermediary and letting the conversations flow directly. So much of our conversations between us and underwriters also happen over email and the goal will be to start to move all of the discussions, attachments, and comments onto the platform we've spent all this time building and nurturing. We've built a data room for file sharing and we're going to be building conversational and chat tools, it's all coming together to the point where we should no longer need to rely on email at all, every interaction can and should be done on-platform. It’s time for “Operation: No More Email” if you will, and when we can mark this off as a success, we'll have reached another major milestone in the company's history.

It's only fitting that as a tech company, we champion our own platform to our users and bring real transformational change to this industry that is stuck in the past 🕰️