FinovateFall 2022 / Able
Presenter Profile:
How they describe themselves: Able is the best way to collect borrower information and process it. Commercial lenders use Able to quickly collect information from borrowers, streamline the loan process, and book loans faster.
How they describe their product/innovation: Commercial loans require lots of documents – financials, contracts, and more. Today, most of that information is collected and processed manually, leading to errors, delays, and excess costs.
Able uses AI to expedite commercial loan processing. Financial institutions use Able to quickly gather information, process loan documents, and collaborate with all the parties involved in the transaction.
With Able, financial institutions process loans faster, using fewer resources – and everyone gets a much better experience.
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev.: Jeff Kirchick (Head of Sales), jeff@ableai.com, 617-640-0225
Press: Kevin Morgan (Head of Marketing), kmorgan@ableai.com, 415-637-4549
Website: able.ai
LinkedIn: linkedin.com/company/ableaiinc
HQ: San Francisco, CA, USA
Founded: 2020
Product Demoed: Able Platform
Metrics: $22M in funding, 21 employees
Presenters: Diego Represas, Founder | Brock Lanoza, Engineer
- Key Executives
Diego Represas (Founder & Head of Able), Andrew Hurst (Founder & Head of Technology), Jeff Kirchick (Head of Sales)
Key Stats
- Key Investors
Canapi, Human Capital