{"data":{"type":"company_profile","id":65757,"entity_id":"wefunder:company:65757","attributes":{"canonical_url":"https://wefunder.com/beemortgageapp","generated_at":"2026-06-22T03:44:25Z","updated_at":"2026-06-21T05:00:19Z","entity_ids":{"company":"wefunder:company:65757","slug":"wefunder:company_slug:beemortgageapp"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-22T03:44:25Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-21T05:00:19Z","as_of":"2026-06-22T03:44:25Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-21T05:00:19Z","as_of":"2026-06-22T03:44:25Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T03:44:25Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-22T03:44:25Z","confidence":"medium"}}},"company":{"id":65757,"entity_id":"wefunder:company:65757","slug":"beemortgageapp","name":"Bee","tagline":"Uber, blockchain \u0026 AI had a mortgage baby","elevator_pitch":"Bee is a Florida mortgage company with an app letting buyers get fully pre-approved about 3x faster (in as little as 8 1/2 minutes) with verified income and assets. Bee is the first consumer app built on Web3 technologies that enable it to decision data instantly instead of relying on a bunch of loan officers and processors like every other lender. This automation increases up to 3 - 4x allowing Bee to acquire customers at a 1/3 of the cost of other lenders in any rate environment.","story":"The only thing home buyers need, an app. None of the calls or pressure.\"I didn't have to talk anybody. I didn't have to grab any of my bank statements or investment accounts - not a single piece of paper... And I had my pre-approval letter in less than 10 minutes after I downloaded the app.\" - MarkUsing smart contracts and AI, Bee can fully pre-approve a home buyer in less than 8.5 minutes with verified income and assets, without any human involvement or pesky phone calls. (Currently testing with beta audience.)Pre-approval in minutes, any time of [your] dayInstant decision with verified credit, income, and assetsCustomize and generate a new pre-approval letter on the flyGet a loan on your termsNo hassle or pressure from a salespersonTrack and manage your loan every step of the way all from your phone100% mobile experience, from shopping through closingEverything from rate shopping through closing can be done from your couch. Getting pre-approved is as easy as answering a simple set of questions. Bee will keep you updated through the rest of the underwriting process and you'll finish with a virtual closing.It feels like you’re being guided through the process by an expert, just without the pesky phone calls and emails.Web3 automation streamlines the process and reduces the cost of loan originationOur tech does the heavy lifting, so that our employees can work efficiently and our\u0026nbsp;customers can focus on finding their new home.\u0026nbsp;Borrower data is automated, AI processed and smart contract approved.How does this compare with the competition?Bee can fully pre-approve a home buyer\u0026nbsp;300% faster than Rocket Mortgage. In just a few minutes, as opposed to est. 45 minutes. Bee-cause of this cool tech, we estimate Bee will close loans 14 days faster than the industry average - at 1/3 of the cost.\u0026nbsp;Bee has 3 things other lenders do not:1. A mobile app providing users a new mobile UX customers compare to Uber.\u0026nbsp;2. Web3 technology powering the mobile app and acquiring customers at 1/3 the cost of competitors.\u0026nbsp;3. A go-to-market opportunity\u0026nbsp;similar to Uber and unique to Bee.\u0026nbsp;Here's what we've accomplished since we launchedSam Altman, CEO of OpenAI, talks about the single greatest quality for a startup founder to have: determination.\u0026nbsp;List of all the lenders who went out of business, did massive layoffs, or got acquired at a fire sale. Our road to launch 🚀\u0026nbsp;","location":"Ponte Vedra Beach, FL","website":"https://www.beemortgageapp.com/","total_amount_raised":1800812,"total_investors":1219,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/beemortgageapp","https://www.beemortgageapp.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/65757/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/65757/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/65757/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/65757/standard_blob.jpg"},"links":{"company_url":"https://www.beemortgageapp.com/","linkedin_url":"https://linkedin.com/company/beemortgageapp/","twitter_url":"https://twitter.com/beemortgageapp","facebook_url":"https://www.facebook.com/beemortgage","instagram_url":"https://www.instagram.com/beemortgageapp/","youtube_url":"https://youtube.com/@beemortgageapp","blog_url":"https://www.beemortgageapp.com/news_resources/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"1,333% YOY Revenue growth • $2.5M+ raised • 2 Trademarks"},{"index":2,"claim_id":"claim-fact-2","value":"Licensed in FL, IN, CO, MT, SC and opening more states now"},{"index":3,"claim_id":"claim-fact-3","value":"3x faster than Rocket Mortgage w/ 8-Day Mortgage Closings • 8\u0026amp;1/2 minute verified pre-approval"},{"index":4,"claim_id":"claim-fact-4","value":"Lean \u0026amp; eff'in mean: $124,000 raise = 16 months of runway (burning $7,500/mo)"},{"index":5,"claim_id":"claim-fact-5","value":"Featured NBC News, Washington Post, Bankrate, TD Ameritrade TV, Housingwire, TIME, Business Insider"},{"index":6,"claim_id":"claim-fact-6","value":"Innovation with broad social impact + women \u0026amp; minority founded"},{"index":7,"claim_id":"claim-fact-7","value":"Mobile innovation for $3.1 Trillion market"},{"index":8,"claim_id":"claim-fact-8","value":"Known for Instant pre-approvals, Low rates \u0026amp; 8-Day closings"}],"team":[{"id":1145453,"entity_id":"wefunder:company_role:1145453","user_entity_id":"wefunder:user:912146","role":"founder","name":"Curtis Wood","title":"Co-founder \u0026 CEO","bio":"Licensed Mortgage Loan Originator NMLS 1308125 | Developer | Certified blockchain expert | Previous: TIAA Bank, PHH Mortgage, iMobile3","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1145453/square_cropped_Curtis_Wood_Head_Shot_Ocean_One.jpg?1704220106","profile_url":"https://wefunder.com/curtiswood","linkedin_url":"https://www.linkedin.com/in/curtiswoodbee/","related_urls":["https://wefunder.com/curtiswood"]},{"id":1183305,"entity_id":"wefunder:company_role:1183305","user_entity_id":"wefunder:user:1140830","role":"founder","name":"Cynthia Wood","title":"Co-founder \u0026 COO","bio":"Designer \u0026amp; Developer | Top ranking woman in blockchain | Certified blockchain expert | Previous: Harden","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1183305/square_cropped_Cynthia_Head_Shot_Ocean_One.jpg?1704220106","profile_url":"https://wefunder.com/cynthia.wood","personal_url":"http://beemortgageapp.com","linkedin_url":"https://www.linkedin.com/in/cynthiawoodcbe/","related_urls":["https://wefunder.com/cynthia.wood","http://beemortgageapp.com"]},{"id":1183306,"entity_id":"wefunder:company_role:1183306","role":"founder","name":"Matt Offers","title":"Co-founder \u0026 CTO","bio":"As CTO, Matt oversees all technical responsibilities for Bee's products development. Previous: Optimal Blue, Pavaso.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1183306/square_cropped_Matt_Offers_Head_Shot_Ocean_One.jpg?1704220106","linkedin_url":"https://www.linkedin.com/in/matthew-offers-085a2311/","related_urls":[]},{"id":5264630,"entity_id":"wefunder:company_role:5264630","role":"employee","name":"Brittany Percival","title":"Market Director","bio":"Mortgage loan expert w/ MBA + bank management and mortgage lending experience.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/5264630/square_blob.jpg?1728135650","linkedin_url":"https://linkedin.com/in/brittany-m-percival-5073409/","related_urls":[]},{"id":2765771,"entity_id":"wefunder:company_role:2765771","user_entity_id":"wefunder:user:1454309","role":"employee","name":"Scott Miller","title":"Board Member","bio":"Co-founder \u0026amp; Board Member, BillGO. 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Previous: Yahoo!, WebOS, and 3Com.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2765772/square_cropped_Bryan_Schroeder_Head_Shot_One_Ocean.jpg?1728135650","profile_url":"https://wefunder.com/bryan.schroeder","related_urls":["https://wefunder.com/bryan.schroeder"]},{"id":1906604,"entity_id":"wefunder:company_role:1906604","user_entity_id":"wefunder:user:1500762","role":"employee","name":"Mindy Barker","title":"CFO \u0026 Advisor","bio":"Mindy serves as an advisor and Bee's fractional CFO and has years of financial officer experience in addition to being a published author and member of the Seattle Angels.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1906604/square_cropped_Mindy_Barker_Head_Shot.jpg?1728135650","profile_url":"https://wefunder.com/mindy.barker","linkedin_url":"https://linkedin.com/in/mindy-barker-a67215a/","related_urls":["https://wefunder.com/mindy.barker"]},{"id":4146113,"entity_id":"wefunder:company_role:4146113","role":"employee","name":"Brian Catron","title":"Board Member","bio":"Start-up expert with multiple 7-figure exits. Currently managing multi-million business across multiple states.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4146113/square_blob.jpg?1728135650","related_urls":[]},{"id":4146114,"entity_id":"wefunder:company_role:4146114","role":"employee","name":"Ken Allen","title":"Board Member","bio":"20+ years senior level risk management, fraud, digital ID, KYC/AML expert. Held senior level positions at Western Union, Capital One, and Equifax. Led rollout of The Work Number.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4146114/square_blob.jpg?1728135650","linkedin_url":"https://linkedin.com/in/kenwallen/","related_urls":[]}],"featured_investors":[{"id":9225,"entity_id":"wefunder:company_investor_profile:9225","investor_profile_id":956740,"investor_profile_entity_id":"wefunder:investor_profile:956740","subject_entity_id":"wefunder:user:1427655","name":"Chad Stutsman","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/chadstutsman","endorsement_quote":"I was introduced to Curtis a few years ago and absolutely loved his brilliant idea to revolutionize the mortgage industry! My wife and I own a dental practice and we have been wanting to invest in a startup with potential and we found that, and more, with Bee! I love the ability to be approved for a loan in just minutes and closing in as little as 2 weeks….genius! Looking forward to the future and the domination of the mortgage industry! Let’s go!","investment_total":97777,"investment_info":"Invested $20,000 this round \u0026 $77,777 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/chadstutsman"]}],"investor_memos":[],"tab_counts":{"posts":0,"ask_questions":113,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":102356,"entity_id":"wefunder:fundraise:102356","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":124000.0,"minimum_target":"50000.0","maximum_target":"124000.0"},{"id":102355,"entity_id":"wefunder:fundraise:102355","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"minimum_target":"50000.0","maximum_target":"124000.0","funding_started_at":"2024-06-14T23:16:47Z","funding_closed_at":"2024-12-01T05:00:03Z","auto_close_at":"2024-12-01T04:59:59Z"},{"id":62258,"entity_id":"wefunder:fundraise:62258","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-05-12T01:38:02Z","funding_closed_at":"2022-08-20T04:03:02Z","auto_close_at":"2022-08-20T03:59:59Z"},{"id":62259,"entity_id":"wefunder:fundraise:62259","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2022-05-09T19:03:25Z"},{"id":37476,"entity_id":"wefunder:fundraise:37476","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2020-11-20T22:52:00Z","funding_closed_at":"2021-10-01T05:04:38Z","auto_close_at":"2021-10-01T03:59:59Z"}],"latest_fundraise":{"id":102356,"entity_id":"wefunder:fundraise:102356","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":null,"nb":"$7.5M","txt":"valuation cap"}},"recent_posts":[],"q_and_a":[{"id":115974,"entity_id":"wefunder:comment:115974","question":"I initially got excited when I discovered this raise until I realized the actual product has not been built. An affordability calculator it not an MVP as you can find one on hundreds of websites/apps. You haven't even started to build the most complex components of the end solution. What's the underlying AI you'll use to read documents? Considering you currently don't have any data, what data set will you use to train the AI? Which blockchain will you use and why? Who on the team has blockchain expertise? Reading a whitepaper doesn't count. If the val cap was $2mm, I would think about it. But definitely not at $10 or 12.","author_name":"Jeff Park","votes":9,"created_at":"2020-11-25T15:50:05Z","canonical_url":"https://wefunder.com/beemortgageapp#question-115974","answers":[{"id":116033,"entity_id":"wefunder:comment:116033","answer":"Our current mortgage calculator\u0026nbsp;is different than others so much so that it's\u0026nbsp;patent pending, and we've already built some of\u0026nbsp;the end solution for\u0026nbsp;automated pre-approvals which is the core automation tech for both\u0026nbsp;purchases and refinances (i.e. the most complex part of what we're doing,\u0026nbsp;what nobody has designed before).\u0026nbsp;We're using SoftWorks AI, some other OCR applications,\u0026nbsp;and\u0026nbsp;Stellar blockchain because it's faster and cheaper than ETH.\u0026nbsp;\u0026nbsp;VP of Products Matt Offers was PM for Pavaso's post-close mortgage application which uses blockchain tech, and one of our lead engineers got his MBA at\u0026nbsp;MIT in\u0026nbsp;Aero Astro \u0026amp; Computer Science, was a blockchain developer for MIT for over a year, and\u0026nbsp;was Co-President of the MIT Sloan Blockchain Business Club (https://www.elphi.io/about-us https://www.linkedin.com/in/william-lopez-cordero/)","author_name":"Curtis Wood","votes":12,"created_at":"2020-11-25T22:38:42Z"}]},{"id":274895,"entity_id":"wefunder:comment:274895","question":"Why the decrease in valuation from the previous round ? This is a pretty steep decline for previous investors","author_name":"Joseph Lalley","votes":6,"created_at":"2024-01-28T05:38:14Z","canonical_url":"https://wefunder.com/beemortgageapp#question-274895","answers":[{"id":276836,"entity_id":"wefunder:comment:276836","answer":"Have you seen the mortgage market we've been in for the past couple of years? Yes, it's a steep decline but it's better than going out of business altogether like many, many, many other better capitalized, better established mortgage companies have done. We've been sharing these challenges with our community for the past 18 months about how bad the market is. Hope you got some of those updates. Check this out thetruthaboutmortgag…mergers-and-layoffs Quite frankly, we're lucky to be where we are right now, growing our revenue and brand. We're close to being self-sustaining with revenues, and, if they continue trending in the direction they're going, we might not need to raise this bridge round at all. We're about to set a monthly revenue record this month. See this update too wefunder.com/updates…to-close-new-record Depending on who you ask, the valuation is either too low or too high. We can't please everyone and stoping trying years ago. We're simply determined to make it though this bad market any way we can, to keep scaling revenue, and finish development; and that's what we're doing. This is great insight from Sam Altman about founders that fail due to lack of determination when things get tough: https://www.youtube.com/watch?v=cqA_vr3NQgE\u0026amp;t=1s If we were any other normal silicon valley backed company, they would have quit when the market turned bad. We chose not to. We chose to make even more personal sacrifices to keep the company going through the downturn. Valuations are, in part, based on where the market is; and they can move based on, in part, what the market does. Everyone in our industry is suffering right now. There's not enough time to explain the absolute carnage that's happened to the mortgage sector. The mortgage market has been a absolute sh!t show for the past 18 months with people and companies leaving in droves. Other silicon valley backed mortgage/prop-tech start-ups that raised millions and millions of dollars in 2020 \u0026amp; 2021, or before, are completely out of business now; in addition to Wells Fargo leaving the mortgage industry (they were the #1 lender in America in 2019). We're thankful we had a plan to make it through this downturn while others did not. Simply making it to this point is a big accomplishment (plus we picked up our trademarks in two classes, downloadable software and mortgage lending). I've been talking about the difficult market in email updates to everyone since 2022 when rates started going up and the credit markets tightened. We knew it was going to be rough; we just didn't know how rough or for how long. Thankfully, we've made it through the worst of it and conditions are improving. Despite everything, we're still pressing forward and raising a bridge round until market conditions improve. About this Bridge valuation: we're not raising a lot so we put it low to ensure we'd hit our goals. We just got a new investor who said this about Bee and the valuation as well: \"I’ve held senior level positions in the mortgage industry for many years and there’s nothing like this in the market today. The AI and blockchain technology at just the right time in the market. Very low valuation for what they’ve got imo\" In the end, valuations are more opinionated than based on fundamentals at our stage. Success is still more about our team's ability to execute and ride out a rough market on our roadmap. I encourage you to read though everything we've done to date, how we're managing this rough patch, and what's ahead for us. With each market downturn, the mortgage market falls further and further behind with a mobile UX or new technology. This time is no different, except it's worse. This down turn will cause the mortgage market to fall A LOT further behind. This will open a big window of opportunity for innovators, like Bee, who can ride out the storm.","author_name":"Curtis Wood","votes":8,"created_at":"2024-02-21T18:00:24Z"}]},{"id":274548,"entity_id":"wefunder:comment:274548","question":"This valuation is a significant haircut from the prior raise of $15M. Of course, valuation adjustments are the norm in this market, but I would like to know how the raise affects prior SAFE purchasers. The 2021 SAFEs were signed at a $15M valuation and had a 20% discount; as such, 2021 investors will get shares from this round at a 20% discount from $5.75M, right?","author_name":"Patrick Spaulding Ryan, PhD","votes":6,"created_at":"2024-01-23T01:08:08Z","canonical_url":"https://wefunder.com/beemortgageapp#question-274548","answers":[{"id":276838,"entity_id":"wefunder:comment:276838","answer":"It is a significant haircut that went along with the overall tanking of the mortgage market. This very small bridge round doesn't affect prior SAFEs at all. They will still convert at their cap at an equity event in the future. SAFEs only convert at an equity sale event. This is not an equity sale; this is a small SAFE round (if it ends up closing at all). When an equity sale does occur, all SAFEs will convert based on their cap. This phase that we're in now is called testing the waters, which we can do pre-launch. However, we're close to being self-sustaining with revenues, and, if they continue trending in the direction they're going, we might not need to raise this small bridge round at all. We're about to set a monthly revenue record this month and continue to grow our ad channels and brand. Nobody is beating us on rates and speed, and that's the main thing buyers look for in this high rate market when they're competing against cash buyers. Our value prop is gaining a lot of traction in the market. Check this out wefunder.com/updates…to-close-new-record","author_name":"Curtis Wood","votes":1,"created_at":"2024-02-21T18:07:27Z"}]},{"id":124608,"entity_id":"wefunder:comment:124608","question":"I understand the team is based in Florida, but I'm curious about your strategy long-term as it looks like the partnerships and estimated downloads all reference Florida. Is this where you intend to focus marketing efforts?","author_name":"Jeslyn Carlson","votes":6,"created_at":"2021-01-15T04:57:47Z","canonical_url":"https://wefunder.com/beemortgageapp#question-124608","answers":[{"id":124671,"entity_id":"wefunder:comment:124671","answer":"Yes. We're taking a phased regional approach: Florida first, then the southeast, then national expansion. We aim to built brand anticipation with each expansion. Some of our growth strategy is stealth but I will say partnerships are key and we're lucky to have some good ones. We plan on having another investor in about 12 months who will open up the national Realtor channels as well. We currently sell mortgage leads all over the country as our customer, Florida Capital Bank, is a national lender who can lend in any state.","author_name":"Curtis Wood","votes":8,"created_at":"2021-01-15T15:20:08Z"}]},{"id":206752,"entity_id":"wefunder:comment:206752","question":"It's cool but I see potential issues such as compliance triggering RESPA accidentally. Most inexperienced borrowers (your target market) have no clue how much the will need to put down. What about lower credit borrowers and agency loans like FHA, VA, and RD? What if there's inaccuries reported on the credit report causing DTI to be inaccurate? If you've addressed these and a slough of other more intricate common issues please let us know. It's my opinion that if you don't address them before going live you'll have serious negative response from borrowers, realtors, and everyone else involved in the transaction. Quicken/Rocket Mortgage is perfect example of how that played out.","author_name":"James Desormeaux","votes":5,"created_at":"2022-05-28T23:58:01Z","canonical_url":"https://wefunder.com/beemortgageapp#question-206752","answers":[{"id":206768,"entity_id":"wefunder:comment:206768","answer":"We have addressed these and many more in our planning and development. Because of our focus on it and product development, compliancy is one of our greatest strengths. We have two attorneys advising development. In addition to my own experience and ongoing training of RESPA guidelines, one of our advising attorneys is John Levonick, a regulatory compliance attorney by trade with a lot of experience advising loan originators on compliancy in addition to doing DD post-close for the secondary market. Nobody knows how a file is to be properly constructed from its origin, or how to identify defects better than he. https://www.linkedin.com/in/johnlevonick/ https://canopytpr.com/about/leadership/john-levonick/ https://www.scotsmanguide.com/browse/author/john-levonick https://www.americanbanker.com/author/john-levonick-nmn109","author_name":"Curtis Wood","votes":4,"created_at":"2022-05-29T12:41:29Z"}]},{"id":206340,"entity_id":"wefunder:comment:206340","question":"Hi with the friends invest first invitation there is normally some type of perks, incentive or better financing, is there something better your offering prior to public launch?","author_name":"Eric Roquemore","votes":5,"created_at":"2022-05-26T01:02:12Z","canonical_url":"https://wefunder.com/beemortgageapp#question-206340","answers":[{"id":206413,"entity_id":"wefunder:comment:206413","answer":"The perk is that you get the current valuation cap before it's raised. We were advised by multiple people to put it at minimum $20M but out of courtesy to our friends, family, and community who asked for the opportunity to reinvest again, we decided to open it back up at $15M for a short time.","author_name":"Curtis Wood","votes":3,"created_at":"2022-05-26T14:00:39Z"}]},{"id":205846,"entity_id":"wefunder:comment:205846","question":"Do you need a notary signing agent? I am on notarize.com and I would like to work with you!","author_name":"Lorene Evans","votes":5,"created_at":"2022-05-20T21:28:32Z","canonical_url":"https://wefunder.com/beemortgageapp#question-205846","answers":[{"id":205850,"entity_id":"wefunder:comment:205850","answer":"Yes. Please email me at Curtis@beemortgageapp.com","author_name":"Curtis Wood","votes":1,"created_at":"2022-05-20T21:54:31Z"}]},{"id":128254,"entity_id":"wefunder:comment:128254","question":"Do you intend to pay dividends (post-SAFE conversion)?","author_name":"Craig J. Vom Lehn","votes":5,"created_at":"2021-02-02T22:07:24Z","canonical_url":"https://wefunder.com/beemortgageapp#question-128254","answers":[{"id":128405,"entity_id":"wefunder:comment:128405","answer":"Possibly. We're not sure at this time. The details of the preferred class, which the SAFE will convert to, have not been finalized yet. We will work out the details of the preferred class of stock with whichever VC (or other investor) that leads our next priced equity round. Based on the performance of the company, there could possibly be dividends issued after that round as well regardless of class. I'm definitely not against them; I'm a big fan of dividends.","author_name":"Curtis Wood","votes":8,"created_at":"2021-02-03T13:30:04Z"}]},{"id":284117,"entity_id":"wefunder:comment:284117","question":"Is there a reason the domain is now parked?","author_name":"Cedrick Reese","votes":4,"created_at":"2024-05-24T07:50:17Z","canonical_url":"https://wefunder.com/beemortgageapp#question-284117","answers":[{"id":284120,"entity_id":"wefunder:comment:284120","answer":"Switching servers. Should be done today. Godaddy is the worst, and was supposed to have a temp site up, which they just did.","author_name":"Curtis Wood","votes":1,"created_at":"2024-05-24T12:15:44Z"}]},{"id":285284,"entity_id":"wefunder:comment:285284","question":"Excited for the chance to triple down on my investment at this lower valuation. It's impressive y'all have managed to keep the lights on through this unprecedented time in the mortgage market. Let us hope even the slightest bit of relief, 25-50 basis points can come to mortgage rates over the next 12 months and lead to volume growth. Keep up the good work!","author_name":"Pete Rosskamm","votes":3,"created_at":"2024-06-16T17:29:59Z","canonical_url":"https://wefunder.com/beemortgageapp#question-285284","answers":[{"id":285285,"entity_id":"wefunder:comment:285285","answer":"Thank you for your ongoing support, Pete! I think this market is the new normal for a while, until rates drop a lot and a massive refi boom kicks off again like it always does. And we'll be ready for it too; we're preparing now as we onboard new purchase customers and create sticky customers with super low rates and the best mortgage experience. Regardless of when rates drop, we plan to keep opening new states, expanding out agent distribution network - where we're getting real traction right now - and completing the last mile of product dev. When the app is fully developed and ready to be released, there will be a distribution network already in place.","author_name":"Curtis Wood","votes":3,"created_at":"2024-06-16T18:27:23Z"}]},{"id":281069,"entity_id":"wefunder:comment:281069","question":"Can you work with someone in Texas?","author_name":"Jo Anne Fletcher","votes":3,"created_at":"2024-04-10T20:37:50Z","canonical_url":"https://wefunder.com/beemortgageapp#question-281069","answers":[{"id":281918,"entity_id":"wefunder:comment:281918","answer":"We are in process of getting our broker license in Texas. SHouldn't be too much longer.","author_name":"Curtis Wood","votes":1,"created_at":"2024-04-20T17:33:00Z"}]},{"id":272961,"entity_id":"wefunder:comment:272961","question":"The purpose to dev an app which has AI technology stack on it is to eliminate human capital. Not sure why Bee opens offices in the first two states and possible to open many more offices in the near future as Bee will expand its business territory. Can you please explain why?","author_name":"Quang Ho","votes":3,"created_at":"2024-01-03T04:15:20Z","canonical_url":"https://wefunder.com/beemortgageapp#question-272961","answers":[{"id":273009,"entity_id":"wefunder:comment:273009","answer":"It's all about driving revenue as best as possible, where we currently are, and preparing for the future. When the app is fully built/tested/deployed, everything we're doing and advertising for now will aid in the marketing efforts of the completed app. We can't advertise an app that's not fully built and deployed yet, but we want to brand Bee in the marketplace (for instant pre-approvals, low rates \u0026amp; fast closings) while the market is down; and drive revenue as much as possible. This is what we're doing. Aside from the mobile UX customer value, the app still needs to be known for instant pre-approvals, low rates \u0026amp; fast closings. These are the pillars of success for any mortgage company. We can't have an app that is easy to use but has high rates and slow closings. Won't work. Everything we're doing now are key brand elements we can promote now; then continue to advertise new features as they come online. As of right now, the very inexpensive co-working offices provide value across a number of different areas: 1. Boost SEO performance with Google verified locations 2. Give Bee a local presence in markets we feel we can be competitive in 3. Enhance other advertising efforts with targeted, localized content 4. The offices are a part of our efforts to recruit new MLOs (mortgage loan officers) by giving them flexible working options to meet customers at We're more focused on opening new states than offices right now. With each new state comes a new MLO who wants the option to go to an office, instead of meeting someone at their house. The longer ad campaigns run, the better they get. This is why we're committed to advertising through the worst of the market any way we can. And we'll have a major advantage when the market improves. We're already seeing it now that rates have dropped.","author_name":"Curtis Wood","votes":4,"created_at":"2024-01-03T20:17:16Z"}]},{"id":210179,"entity_id":"wefunder:comment:210179","question":"How much does this cost the customer. ===Who pays for this service? Thanks, W T Hunter","author_name":"Wt Hunter","votes":3,"created_at":"2022-07-01T20:35:32Z","canonical_url":"https://wefunder.com/beemortgageapp#question-210179","answers":[{"id":210234,"entity_id":"wefunder:comment:210234","answer":"Bee is free to use for everyone. We do not charge customers anything. The easiest way to think about how Bee makes money is that we get a referral fee from the lender depending on how big the loan amount is. It's usually about 2% of the loan amount but it can fluctuate based on the lender and the details of the loan. There are standard closing costs, however, (third party fees) the customer pays for at closing, such as appraisal, title work, taxes and recording fees, etc. We do not set or control closing costs, but we are rolling out a program that will help buyers cover some of these costs. After you close on your home with Bee, we'll give you a credit (an actual dollar amount) that you can gift to another person who is in the market to buy a home. This credit will be used to cover closing costs. Here's an example for illustration purposes: Using popular referral links, if you buy your home with Bee, we'll give you a $500 credit to gift to a friend who is also in the market to buy a home. Once they get your referral link via text, they'll down load Bee and get $500 off their closing costs. Then they'll get a similar credit to give away to someone else. If you don't give the $ away, you can pledge it towards a family who is saving up for a down payment. This type of \"crowdfunding a downpayment\" will help drive our mission to make homeownership more affordable for those being left out of the market. This is especially needed when rates go up and homeownership affordability gets worse, as we've seen recently.","author_name":"Curtis Wood","votes":4,"created_at":"2022-07-02T14:56:45Z"}]},{"id":209414,"entity_id":"wefunder:comment:209414","question":"How do you see what will be a drastic slowdown in mortgage origination affecting your plans?","author_name":"James Pond","votes":3,"created_at":"2022-06-25T00:21:57Z","canonical_url":"https://wefunder.com/beemortgageapp#question-209414","answers":[{"id":209420,"entity_id":"wefunder:comment:209420","answer":"Our brand and product value get better the worse the market gets. The higher rates become, the more buyers will go for the lowest rate possible. And with the ability to acquire customers at 1/3 the cost of other lenders, we'll offer lower rates than anyone else. As things get worse and lenders cut staff and innovation projects, advertising costs will drop as fewer lenders are vying for the space. This is already happening and things are going to get worse. We haven't seen the top of rates yet. I told WaPo I wasn't surprised when rates hit 5%; that I was actually surprised they weren't at 6% yet. I believe they'll peak around 8-9% which will cause mortgage apps to fall another est. 20-30%, and make things a lot more challenging for current lenders than they are now. This intense margin compression is going to drive a lot of mid-to-small cap lenders out of business as we've already seen the beginnings of this year. https://www.washingtonpost.com/business/2022/04/14/mortgage-rates-5-percent/ As the industry is contracting, we're growing. We have a unique opportunity to scale in this downturn as no venture investors are expecting us to be profitable at this early stage as we go through our national rollout. Other lenders are dying because of dwindling revenues and margins, while all we have to do is demonstrate product market fit and good unit economics which will propel us through raise after raise as we expand like Robinhood, state-by-state. If we were a regular mortgage company without an innovative tech stack or disruptive mobile app, we would not have an opening to raise venture funds accelerating development and growth. We'd be fighting for our lives because we'd be revenue dependent. But because we’re a mobile app at the beginning of scaling, we have so many growth hacks other lenders do not. Tumultuous markets present opportunities for innovators. There's challenge and opportunity with every crisis, and the industry is in crisis right now. But crisis is where innovation is born. Cathie Wood is right, innovation solves problems, and the mortgage industry has a lot of problems; primarily with technology, processes, and the customer experience being non-mobile. Whoever fixes those problems is going to win, and that's what we're specializing in. The current and future state of the industry only helps us. There are entire groups of qualified buyers who no longer qualify because higher rates pushed their DTI above the max. We can lend to those buyers because we'll have the ability to offer lower rates than anyone else. We have a machine that eliminates the 1st \u0026amp; 3rd biggest cost to write a mortgage (for about 70-80% of all files), the loan officer and the processor. Our lower CAC = the ability to offer lower rates and capture customers other lenders simply cannot lend to. Given the fact that young buyers are already willing to try new mobile brands, our ability to help them buy their first home when others could not is a major advantage no one else has. And that demand will grow as rates rise squeezing people out of the market. Accelerated by the current challenging market, we are experiencing a generational shift in mortgage technology, processes, and the UX that's going to move the industry into the mobile sphere and reset the leaderboard for decades to come.","author_name":"Curtis Wood","votes":6,"created_at":"2022-06-25T01:30:13Z"}]},{"id":166761,"entity_id":"wefunder:comment:166761","question":"Have you considered that using existing mortgage data sets could train the AI with the same biases as human mortgage officers, resulting in the same discriminatory outcomes (e.g. Blacks paying higher interest rates with all other variables being identical)? In other words, can you automate the mortgage process AND remove racial bias?","author_name":"Tre Baker","votes":3,"created_at":"2021-08-31T02:12:50Z","canonical_url":"https://wefunder.com/beemortgageapp#question-166761","answers":[{"id":167035,"entity_id":"wefunder:comment:167035","answer":"I am aware of it and have read the reports of racial biases entering AI decisioning. We're keeping it in mind as we build. I will say that what we're building is not as complex an AI data structure or reliance on AI decisioning as those things I've read about which are somewhat wholly AI decision driven. The answer to your last question is yes, we can remove all racial biases with our automation because code is colorblind as we all should be. Because we are automating the pre-approval process along with most of loan origination, the qualifying data is simply 1's or 0's, and there's minimal opportunity for human involvement and their biases to affect the decisioning process. More importantly, key rate qualifying and pricing decisions are all being made in our automation based strictly on the credit score, and income and asset amount, loan product, property type, nothing else (no other personal info such as name or ethnicity, etc.). All of this happens without any human involvement. From a business standpoint, Fannie Mae and Freddie Mac pay out the same amount per file no matter what you look like so I could care less what the race is quite frankly. Our goal is to give you a mobile mortgage experience you can't get anywhere else so that you not only return in the future, but bring your friends and family with you. Creating experiences customers and employees desire to re-experience is the art of business loyalty. Should I ever find anyone at Bee infusing racial biases against anyone in anything we're building, they'll be fired on the spot. This is a no-compromise standard. We will be at Bee what the world should be. We have all sorts of people at Bee and we all get along wonderfully because of the respect we have for each other along with our passion that if we want to reach all of America with affordable homeownership, we need to be all that America represents, not just one side of it. As such, we purposefully seek out opinions different from our own to enhance our execution with new perspective. Right now our team consists of all political beliefs, black, white, asian, male, female, military veterans, Christian, Muslim, Jewish, atheist, straight and gay people. We don't talk about this a lot because we'd rather be the actual change we want to see in the world instead of merely advertising it because it's trendy and good for business. We're diverse because we hire based on talent and capability, not skin color or anything else. We don’t always agree with each other but what we have in common is greater than anything that separates us. Thank you for the good question Tre. Happy to chat more if you'd like to ping me at Curtis@beemortgageapp.com.","author_name":"Curtis Wood","votes":3,"created_at":"2021-09-01T00:15:37Z"}]},{"id":158739,"entity_id":"wefunder:comment:158739","question":"How do you view Qualia? https://www.qualia.com Are they a competitor? Potential collaborator? Potential acquirer or acquisition target? Thanks.","author_name":"Roger Austin","votes":3,"created_at":"2021-07-19T00:47:22Z","canonical_url":"https://wefunder.com/beemortgageapp#question-158739","answers":[{"id":158777,"entity_id":"wefunder:comment:158777","answer":"They're not a competitor but do have some really cool products that we could use to power eClosings. We were already looking at them along with a few others but thank you for letting me know about them.","author_name":"Curtis Wood","votes":4,"created_at":"2021-07-19T13:29:36Z"}]},{"id":151525,"entity_id":"wefunder:comment:151525","question":"Are you planning to increase the Funding limit to utilize the new rules from SEC, I am on the waitlist and hopefully can make it ? Continuing our discussion , any AI/ML is as good as the underlying dataset....how do you plan to train your initial AI/ML to avoid mortgage denials. How will smart contracts help or add value in the mortgage process ? You have appreciated/recommended NADA Real estate startup, are there any plans to collaborate with them ? (Disclaimer - I have also invested a small amount in them )","author_name":"Lipsa Sarangi","votes":3,"created_at":"2021-05-28T20:05:14Z","canonical_url":"https://wefunder.com/beemortgageapp#question-151525","answers":[{"id":151528,"entity_id":"wefunder:comment:151528","answer":"We are and have already raised higher than the old $1,070,000 limit in the past 12 months. If you have made an investment in this Wefunder round then you're included in this Seed round. We're not training AI/ML to make underwriting decisions and it will not be underwriting files. That will be done by AUS (automated underwriting systems from gov agencies Fannie Mae DU \u0026amp; Freddie Mac LP). So, decisions of credit will only be made by gov underwriting standards not any AI or ML. This is the way files are underwritten now by most lenders who want to sell loans the the two agencies, and we'll do the same. The AI/ML implementation happens before the files are run through AUS. AUS doesn't know an AI/ML software has been used, nor does it care. NADA is a great platform that we'll be looking to collaborate with when we get closer to being a live lender ourselves.","author_name":"Curtis Wood","votes":2,"created_at":"2021-05-28T20:13:41Z"}]},{"id":312483,"entity_id":"wefunder:comment:312483","question":"When is your next funding round?","author_name":"Kirtson Thompson","votes":2,"created_at":"2025-08-05T13:07:28Z","canonical_url":"https://wefunder.com/beemortgageapp#question-312483","answers":[{"id":318322,"entity_id":"wefunder:comment:318322","answer":"Not sure. Will keep you posted.","author_name":"Curtis Wood","votes":1,"created_at":"2025-10-29T14:29:14Z"},{"id":318323,"entity_id":"wefunder:comment:318323","answer":"Not sure. We've been cruising along on revenue which we've doubled three years in a row now. What you thinking?","author_name":"Curtis Wood","votes":0,"created_at":"2025-10-29T14:31:55Z"}]},{"id":302174,"entity_id":"wefunder:comment:302174","question":"Hi Curtis, Do you have any updates you could share with us please?","author_name":"Tim DeMasters","votes":2,"created_at":"2025-02-13T14:24:43Z","canonical_url":"https://wefunder.com/beemortgageapp#question-302174","answers":[{"id":304024,"entity_id":"wefunder:comment:304024","answer":"We're finishing up compiling 2024 data and 2025 has started out gangbusters.","author_name":"Curtis Wood","votes":0,"created_at":"2025-03-13T19:43:31Z"}]},{"id":287747,"entity_id":"wefunder:comment:287747","question":"What is your pricing model?","author_name":"Lea C","votes":2,"created_at":"2024-07-13T17:17:47Z","canonical_url":"https://wefunder.com/beemortgageapp#question-287747","answers":[{"id":288160,"entity_id":"wefunder:comment:288160","answer":"That can mean a few different things to our business. Can you give me a little more clarity please?","author_name":"Curtis Wood","votes":0,"created_at":"2024-07-18T16:11:49Z"}]},{"id":285311,"entity_id":"wefunder:comment:285311","question":"Are you available in Arizona? In the past 30 years got many loans and refinanced many times. You have the best solution to help homeowners.","author_name":"Grigore B. Hreniuc","votes":2,"created_at":"2024-06-17T16:33:40Z","canonical_url":"https://wefunder.com/beemortgageapp#question-285311","answers":[{"id":285313,"entity_id":"wefunder:comment:285313","answer":"Thanks for the compliment! We know we do too 😊 We’re not available in Arizona just yet. Should be soon.","author_name":"Curtis Wood","votes":1,"created_at":"2024-06-17T17:46:50Z"}]},{"id":237860,"entity_id":"wefunder:comment:237860","question":"I invested in June 2022. Have seen a few updates and happy you are moving forward with this idea.Have you made any progress beyond being in Florida?","author_name":"Daniel Osso","votes":2,"created_at":"2023-03-08T07:08:07Z","canonical_url":"https://wefunder.com/beemortgageapp#question-237860","answers":[{"id":237886,"entity_id":"wefunder:comment:237886","answer":"We have not due to us failing to raise an A round last year when the venture market tightened and loan volume crashed when mortgage rates doubled in a very short period of time. We're hoping to do it this year, but based on the data we're seeing right now, things are going to get worse before they get better in the mortgage industry. BlackRock says the Federal Reserve could hike interest rates to a peak of 6%. cnbc.com/2023/03/08…ak-of-6percent.html Private payroll grew more than expected which will give the Fed more reason to maintain an aggressive rate posture. cnbc.com/2023/03/08…february-2023-.html I wouldn't be surprised if the mortgage market doesn't boom again until Q2 2024. wsj.com/articles/hou…approaches-651147b1 The probability of a half-point hike moved to 73.5% on Asia’s Wednesday afternoon, according to the CME Group’s FedWatch tracker according to CNBC. All of this data does not paint a rosy picture for the mortgage industry in the near term. The worse it gets, the better it will be for everyone who makes it through it. This underscores our reasoning for launching as a mortgage broker now when things are bad so that we've got a major advantage when the market improves. Right now we're focused on revenue, traction, and brand promotion via a phased advertising rollout strategy: we launched new loan products, SEO \u0026amp; socials (which are going well) over the last 6 months, and we're launching paid media very soon. With that said, we might be close to opening one other very strategic state soon, Indiana. There's some things that need to happen first before we do it, but it's something we're planning to do if everything falls into place.","author_name":"Curtis Wood","votes":1,"created_at":"2023-03-08T14:07:38Z"}]},{"id":215495,"entity_id":"wefunder:comment:215495","question":"Hi Curtis! On Android Playstore, it says that the app was last updated on June 8, 2021! How come there have been no updates to the Android version of the app for over a year now? What about the iOS version? Thanks.","author_name":"Senitiki Rokocakau","votes":2,"created_at":"2022-08-16T06:36:00Z","canonical_url":"https://wefunder.com/beemortgageapp#question-215495","answers":[{"id":215504,"entity_id":"wefunder:comment:215504","answer":"We decided to focus our meager development resources on iOS since 99.96% of all our downloads come from them. The iOS version is about to be folded into the mortgage app when it's released. We're a small start-up that hasn't been through a massive multi-million $ round and have had to carefully decide where resources are spent. Android is on our roadmap once we raise more cap and iOS is complete.","author_name":"Curtis Wood","votes":2,"created_at":"2022-08-16T10:46:18Z"}]},{"id":215470,"entity_id":"wefunder:comment:215470","question":"EDIT: Since my posting on Aug 16th expressing my frustrations and fears that I might have been scammed, Curtis has emailed me personally several times asking to buy my $250 investment. I'm surprised by his eagerness to buy back my two-year old investment and spending so much time trying to buy it back from me. To be transparent, he offered $350 for it. Not a bad % gain! That was very nice of him. I've since declined his offer since the dollar difference was not that great to me anymore, and my real concerned was being scammed, clearly Curtis is passionate about this project so I'd rather see how the investment plays out for now. While I appreciate his candor reply below, a sufficient, \"we hear you, but here is why you should be confident in us\" would have been fine. I wish him and his team the best of luck of course, and if anyone else feels concerned about their investment having a return, I'm sure Curtis will be open to working with you as he has with me. Best Regards!","author_name":"Steven Kraml","votes":2,"created_at":"2022-08-16T01:18:08Z","canonical_url":"https://wefunder.com/beemortgageapp#question-215470","answers":[{"id":215505,"entity_id":"wefunder:comment:215505","answer":"Steven, sorry you feel that way. Yes, we're still raising $ because we haven't gone through a multi-million $ round like most start-ups who are innovating a multi-trillion $ market like we are. Have you seen the updates about the patent and the trademark? or all the traction with closed loans and revenue? the consumer feedback on the UX - comparing Bee to Uber, Venmo, and Netflix? all the media exposure we've gotten leading up to our Florida product launch from TD Ameritrade, The Washington Post, TIME, NBC News, Bankrate, National Mortgage Professional, Forbes, Housing Wire, KFI LA, Mortgage Professional America, or Crowdfund Insider? The app works, the Web3 tech works just as we said it would, we're about to have a patent on it, we've proven the concept and kept our investors up to date with progress (108 updates on Wefunder alone over the past two years to be exact = about 1 per week). And the app that you say is basically nothing there has been downloaded over 10,000 times and organically featured as a top app for home buyers: bankrate.com/mortgag…managing-a-mortgage and apartmenttherapy.com…-home-loan-36892028 If you still regret your decision, I'm happy to personally buy out your extremely small investment that you are publicly trashing. Please email me at Curtis@beemortgageapp.com and we'll get it done. Update 1: I just emailed you on 8/16, Steven. Please respond so we can get this done quickly. Update 2: I just emailed you again on 8/17, Steven, offering to buy you out at a profit but no response to either email. PS You have no idea the personal sacrifice my team and I have made for our investors. None of us have taken big salaries or anything close to what our comp committee has recommended we pay ourselves. We have broken down cars and doctors appointments that we haven't spent your investment on because we're totally and 100% committed to Bee's success.","author_name":"Curtis Wood","votes":9,"created_at":"2022-08-16T11:08:30Z"}]},{"id":215225,"entity_id":"wefunder:comment:215225","question":"Did the round just get extended?","author_name":"Lance Recker","votes":2,"created_at":"2022-08-12T21:35:03Z","canonical_url":"https://wefunder.com/beemortgageapp#question-215225","answers":[{"id":215232,"entity_id":"wefunder:comment:215232","answer":"Demand is verrry high. I'm posting a video this weekend about the extension.....this is it though, no more after this. We’re working through some details of the video content. Stay tuned.","author_name":"Curtis Wood","votes":3,"created_at":"2022-08-12T22:38:28Z"}]}],"faq":[{"question":"Would you consider SapientX (currently also fundraising on Wefunder)? In my opinion, SapientX is much better than Alexa. SapientX also has a much higher accuracy rate than Alexa. Plus, SapientX now understands and speaks 41 languages.","answer":"Yes."},{"question":"How does information get verified on the blockchain such as income level, credit, proof of assets, etc? How is that information verified as correct when no human is looking at it? What cost does it cost the consumer to use (if any) compared other apps like rocket mortgage? Why...","answer":"#1 Credit, income and asset data is not verified on blockchain. It's\u0026nbsp;verified from the point of source\u0026nbsp;(credit bureaus, employers, and bank accounts) with these\u0026nbsp;vendors\u0026nbsp;that are\u0026nbsp;acceptable to Fannie Mae Day 1 Certainty:\u0026nbsp;CoreLogic for\u0026nbsp;credit pulls.Account Check for asset verification.\u0026nbsp;The Work Number for income verification.If verified with those vendors, the borrower does not have to provide any additional supporting\u0026nbsp;documents to qualify.\u0026nbsp;Once..."},{"question":"How do you distinguish yourself from SoFi mortgage? More broadly, what would make you one of the winners in this space?","answer":"SoFi is a great company but a typical lender using legacy mortgage tech that's not optimized for a complete mobile mortgage experience. That's why they have a lot of loan officers processing loan applications, managing loan file data, and manually completing tasks to verify credit income and assets (along with clearing milestones).\u0026nbsp;We're different because we have a complete mobile strategy like Robinhood, and the automation tech to power it without relying on humans to manage the data on..."},{"question":"At which stage of the product development are you? What are the key challenges you've been facing in the development?","answer":"Bee App 1.0, a\u0026nbsp;home affordability app, is live with an active and\u0026nbsp;growing userbase. The next phase of the mortgage app, core 1003 submission with\u0026nbsp;automated pre-approvals, is currently in development.\u0026nbsp;\u0026nbsp;The primary challenge is capital, hence why you're reading this.\u0026nbsp;Developmentally, we'll have\u0026nbsp;connectivity/configuration problems to resolve, some known, some unknown. Once we build each automation part, the biggest challenge\u0026nbsp;will be hooking it all up into ..."},{"question":"How many employees do you have today?","answer":"4 full-time, 6 part-time, 9 contractors.\u0026nbsp;"}]}}}