“We were walking them through the product and generated 36 lien waivers in seven minutes and the accountant sat back in her chair and said, ‘Wow, I just got my entire afternoon back,’” said Arnold. “That proved to me that we are providing real value in the space.”

The board awarded the Sioux City-based company $25,000 from the Proof of Commercial Relevance program to build out and validate the platform, which aims to provide faster payments, less overhead and access to powerful data for all parties involved in the disbursement process.

"The question and answers they had a lot of good questions. And it's hard cause are business is a little esoteric, a lot of people don't know the inner workings of the construction industry and these guys every single judge seemed to get it and be able to ask poignant questions." says finalist Geoffrey Arnold.

We launched with our first customer in 7 minutes, generating and distributing 36 lien waivers in seconds.