mysherpas
- Company typePrivate
- Founded2021
- HeadquartersSalt Lake City, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
mysherpas firmographics
Firmographics- Name
- mysherpas
- Legal name
- mysherpas, Inc.
- Website
- https://mysherpas.ai
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
mysherpas industry classification
Industry- Product category
- Commercial Lending Software
- NAICS
- Activities Related to Credit Intermediation (5223), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Underwriting Automation & Income/Employment Verification (FSAGAHAD)
Keywords
Where mysherpas is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
mysherpas business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Platform Subscription: Cloud-based lending platform delivered as a subscription service. Institutions pay for access to the platform which consolidates document management, workflow automation, borrower communication, and analytics. Pricing appears quote-based, tailored to institution size and scope of deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise SaaS subscription for financial institutions |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
mysherpas product offering
Product offeringCore offering
mysherpas is an AI-native, cloud-based business lending platform sold as a SaaS subscription to financial institutions. It centralizes loan document management, automates workflows, integrates third-party data (credit, UCC, background checks), and delivers a branded borrower portal for community banks, credit unions, CDCs, and SBA lenders. The platform is deployed alongside existing core banking, CRM, and LOS systems without rip-and-replace.
Product overview
mysherpas is a single, purpose-built AI-native business lending platform that consolidates loan document management, workflow automation, third-party data integration, and borrower experience into one cohesive system. The core platform (mysherpas Platform) serves as the central hub, with sub-products including Borrower Hub (guided borrower portal), Loan Document Package (centralized document management), Real-Time Loan Pipeline (visibility dashboard), Dynamic Loan Applications (digital application system), Centralized & Intelligent Messaging (replaces email/Slack for loan comms), Automated Task Management (AI-driven task routing), Automated Notifications & Digests (alert system), Portfolio Analytics (reporting dashboard), Integrated Payments, DocuSign Workflow (e-signature), and Connected Loan Intelligence (CRS Data for credit/UCC/background data). The Summit Success Process is a proprietary add-on implementation methodology that guides clients through onboarding, assessment, and ongoing optimization.
Differentiator
Problem solved
Functional benefit
Products and services
- mysherpas Platform AI-native, cloud-based business lending SaaS platform sold to financial institutions. Centralizes loan document management, automates workflows, integrates third-party data, and provides a frictionless branded borrower experience for community banks, credit unions, CDCs, and SBA lenders.
- Summit Success Process Proprietary implementation and onboarding service accompanying the mysherpas platform, guiding lenders through discovery, assessment, tailored demo, and ongoing optimization with a dedicated human CX partner. Aimed at financial institutions seeking measurable ROI and lasting adoption of the lending platform.
Quantifiable outcome
- 12x faster deployment: 42 days vs 18-month industry standard
- +5 more outcomes
Companies that use mysherpas
Customer profileNamed customers14 records
Segments8 records
Ideal customer profiles3 records
mysherpas technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
AI capability6 records
Feature18 records
mysherpas partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core.
- CyberGuard CompliancecoreIndependent verification partner for SOC 2 Type 1, SOC 2 Type 2, and SOC 1 Type 1 certifications. Provides security assessments and continuous compliance monitoring for mysherpas.
- DocuSigncoreIntegrated DocuSign e-signature workflow directly inside the business loan file. Provides embedded e-signature capability for loan documents, forms, and agreements.
- CRS DatacoreConnected loan intelligence providing credit reports, UCC filings, and third-party data directly integrated into the loan package without manual re-keying.
- Amazon Web Services (AWS)coreCloud infrastructure provider. AWS hosts the mysherpas platform, enabling scalability, reliability, and security for the cloud-based lending platform.
- SPK and AssociatescoreDevOps and secure infrastructure consulting partner. SPK helped build mysherpas' secure DevOps framework supporting the innovative lending platform. Collaborated on a published case study about the secure DevOps engine behind the platform.
- FiservcoreCore banking system integration. mysherpas integrates with Fiserv-powered institutions alongside their existing CRM, LOS, and core banking systems without rip-and-replace.
- Jack HenrycoreCore banking system integration. mysherpas integrates with Jack Henry-powered institutions alongside their existing technology stack.
- nCinocoreIntegration partner. mysherpas can operate alongside or augment nCino CRM/LOS deployments, with bidirectional sync capabilities.
- FIScoreCore banking system integration. mysherpas integrates with FIS-powered financial institutions.
- FinastracoreCore banking and lending technology integration partner. mysherpas integrates with Finastra's platform ecosystem.
- CorelationcoreCore banking system integration for credit unions. mysherpas integrates with Corelation-powered credit unions.
- TemenoscoreCore banking platform integration. mysherpas integrates with Temenos-powered financial institutions.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
mysherpas competitors and assessment
Company assessmentDirect peers
- nCino: Cloud-based commercial lending and banking platform sold to banks and credit unions. Closest direct competitor to mysherpas in modernizing commercial and SBA loan origination, and one of the systems mysherpas explicitly integrates alongside rather than replaces.
- Baker Hill: Commercial loan origination and credit risk analytics platform purpose-built for community banks and regional lenders — overlapping directly with mysherpas' commercial and SBA lending workflows.
- Abrigo: Lending, credit risk, and compliance software for community banks and credit unions (including former Sageworks commercial loan origination). Comparable buyer base and overlapping commercial lending functionality.
- TurnKey Lender: Unified loan origination and management platform used by banks, credit unions, and alternative lenders. Directly comparable to mysherpas on end-to-end commercial lending automation.
- LoanPro: API-first loan origination and servicing software for consumer, commercial, and SMB lenders. Targets many of the same community bank and credit union buyers with modern, cloud-native tooling.
- LendingPad: Cloud-based loan origination system used by mortgage and commercial lenders. Overlaps with mysherpas on document collection, pipeline management, and borrower workflow automation.
Emerging players
- Floify: Borrower-facing point-of-sale and document collection platform for lenders. Comparable to mysherpas' Borrower Hub functionality and used by similar community lenders.
- Lendio: Small business loan marketplace and SBA-focused origination platform. Targets the same SBA and small business lending segment mysherpas serves, though via a marketplace model.
Broad incumbents
- Finastra: Large, broad banking technology vendor whose loan origination and core banking systems serve many of the same banks and credit unions that buy from mysherpas, and one of mysherpas' listed integration partners.
- Temenos: Global banking software provider with commercial lending and core banking products serving the same financial institution buyer base. Listed as a core integration partner for mysherpas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
mysherpas social profiles
Digital presencemysherpas compliance and trust
Trust signalCompliance3 records
mysherpas financial estimates
Financial estimateRevenue estimate
Valuation estimate
mysherpas leadership team
Management profileNumber of profiles
Profiles7 records
mysherpas funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
mysherpas M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about mysherpas
What does mysherpas do?
mysherpas is an AI-native, cloud-based business lending platform sold as a SaaS subscription to financial institutions. It centralizes loan document management, automates workflows, integrates third-party data (credit, UCC, background checks), and delivers a branded borrower portal for community banks, credit unions, CDCs, and SBA lenders. The platform is deployed alongside existing core banking, CRM, and LOS systems without rip-and-replace.
Is mysherpas a public or private company?
mysherpas is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was mysherpas founded?
mysherpas was founded in 2021. It employs 11 to 50 people.
Where is mysherpas based?
mysherpas is headquartered in Salt Lake City, United States, in the North America region.
How does mysherpas make money?
One revenue line is on record: saaS Platform Subscription.
Who are mysherpas's main competitors?
Direct peers on record are nCino, Baker Hill, Abrigo, TurnKey Lender, LoanPro and LendingPad. Emerging players are Floify and Lendio. Broad incumbents are Finastra and Temenos.
Does mysherpas have an API?
No public API is recorded for mysherpas.
What industry is mysherpas in?
mysherpas's product category is Commercial Lending Software. Its primary akta.pro industry code is FSAGAHAD, Underwriting Automation & Income/Employment Verification. Its NAICS code is 5223 and its SIC code is 6199.