Alpharetta Georgia based Candor Technology is raising $12,500,073.00 in New Equity Investment.
Alpharetta, GA – According to filings with the U.S. Securities and Exchange Commission, Candor Technology is raising $12,500,073.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Thomas Showalter played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Candor Technology
Finally, lenders can use a machine to think through complex, dynamic lending problems to underwrite a loan with virtually no human assistance. Candors patent-pending Knowledge Engineering Technology replicates expert thinking and problem solving to underwrite a loan. And every loan Candor underwrites is backed by a defect policy by a major carrier. Our Loan Engineering System contains a decisioning matrix of >37,000 decisioning steps to solve problems and make the decisions that have traditionally relied on human judgment, intuition and experience. This decision matrix, which grows daily, provides unwavering consistency, and treats every borrower the same. This intellect automation creates the velocity required to achieve true scale.
To learn more about Candor Technology, visit http://candortechnology.com/
Contact:
Thomas Showalter, Chief Executive Officer
949-303-9022
https://www.linkedin.com/in/thshowalter/
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