Bee Raises $2.5M in Funding
- Bee, a Ponte Vedra, FL-based provider of a Web3 mortgage app for homebuyers, raised $2.5M in funding
- The company secured this investor interest through Stonks, a platform backed by Andreessen Horowitz
- The platform is a mortgage app, currently in beta, that’s powered by Byrdie, a custom loan origination software (LOS) enhanced with Web3 technology
- The company and Byrdie, a hybrid point-of-sale/LOS, are designed to eliminate the need for a loan officer and processor to process and decision data
- Byrdie’s tech stack includes blockchain, AI, machine learning, and data automation that is able to process approximately 70% – 80% of origination data without any loan officer or processor dependencies
