Rest and recharge
August 28, 2023
As we head into Labor Day weekend and the last weekend of summer, I wanted to express how proud I am of each and every one of you for what we've accomplished not just this year but this summer alone. It's been an incredible few months and the pace at which we're getting things done (deals, releases, fixes, clients onboarded, investors acquired, and more) is at a level of which the company has never seen before. It's hard to take stock of it all when we're in the thick of things on a day to day basis but taking a step back, the last three months since our Series B press release in May have given me all the confidence that we're starting to figure out all the ways to make this machine move at the speed we had always hoped.
Below is a small sampling of everything we've accomplished in just these last few months:
Rapid pace of underwriters being signed, with 13 of our total 27 coming in Jun-Aug alone
Launched the highest ever volume of deals these past two months, with 14 of our total 25 coming in Jun-Aug alone
Closed on every single deal we went out to market with the exception of one
Strongest months of investor acquisition and conversion in well over a year
Strongest quarters of net deposits since early 2022
Launched the brand new investor portal with subsequent new releases like the order book page
Launched the new data room with sub folders across all platforms
User management and invitation flow across relevant platforms
Continuous push towards full multi-market functionality since the big release in April to make the platform market-aware
Several more borrowers added to automated loan processing
New borrower application flow
We booked one of the highest months of technology revenue ever in June
Secured our broker dealer license
Launched a brand new asset class in LP interests in funds
We ranked #269 on Inc's Top 5000 fastest growing companies in the US
Let’s take the long weekend to properly rest up and recharge in preparation for the rest of the year because I can promise you the next four months are going to be even better than the last