Blooma, a leading digital underwriting solution for commercial real estate lending, announced that the venture capital firm Nyca Partners has $3M invested in the Company's latest round of funding.

Founded in 2018 and based in San Diego, Blooma drives a faster, more intelligent and profitable commercial lending experience using an automated AI-driven platform. Blooma reduces commercial loan origination time and costs by as much as 75% and significantly improves time to revenue for private and commercial banks and other lending organizations.