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SoftWorks
Dedicated to helping businesses enhance operational efficiency by providing reliable, innovative document automation solutions
About SoftWorks
TRUE, formerly known as SoftWorks AI, is a company that specializes in lending intelligence and mortgage automation. The company operates in the financial technology sector, catering to the mortgage industry.
Its core offering is the Trapeze platform, which leverages artificial intelligence, computer vision, and machine learning to automate and streamline the mortgage lifecycle. This technology enables touchless processing of mortgage documents, aiming to reduce manual effort and improve efficiency for lending institutions. The business model is centered on providing this technology platform as a service to businesses in the mortgage sector.
In 2021, the company secured a minority growth investment, which has supported its expansion and development efforts. Subsequently, in 2022, SoftWorks AI rebranded to TRUE to better reflect its focus on providing trustworthy and intelligent solutions for the lending industry.
Source: Dealroom company dataAt a glance
- Founded
- 2017
- Headquarters
- New York City, United States
- Sector
- AI
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later4 investors entered at this stage
Long Ridge Equity Partners
Byte Software
DataVerify
Kroll Factual Data
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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