Teslar Software

What Teslar Software does

Teslar Software (legal entity 3E Software, Inc.) is a privately held, Arkansas-based SaaS company founded in 2008 by CEO Joe Ehrhardt that sells a cloud-based lending process automation platform to U.S. community banks and mid-sized regional financial institutions. The platform is built on a configurable Intelligent Automation architecture with real-time core and imaging writeback (TeslarSync), a proprietary historical data warehouse, and a modular library spanning the full loan lifecycle — including Loan Origination, Pipeline, Exceptions/Covenant Tracking, Portfolio Management, Workflow & Forms Automation, Annual Loan Review, Special/Criticized Assets, Construction Inspection/Draw, Performance Scorecards, and the Teslar Unite customer portal. The company sells exclusively through a direct sales motion with annual SaaS subscriptions priced quote-based on institution size and module selection, supported by an annual user conference (TUNE) and memberships in community banking associations (IBAT, BankIn, ICBA ThinkTECH).

The business has a notable operational track record: in 2020 it co-built ppp.bank with Mark Cuban and Citizens Bank of Edmond CEO Jill Castilla, processing more than 20% of all U.S. PPP loans in 2021. It is SSAE18 SOC 2 Type II certified, was selected to demo at Finovate 2025, participated in the ICBA ThinkTECH Accelerator in 2025, and was named to American Banker's Best Places to Work in Fintech 2026. The company monetizes via recurring annual subscriptions across a diversified installed base of more than 15 named community and regional banks across multiple U.S. states, and is governed by a board that includes former Jack Henry CTO Mark Forbis and former Fiserv Bank Intelligence Solutions president Kevin Tweddle.

Name

Teslar Software

Legal name

3E Software, Inc.

Website

https://teslarsoftware.com

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Teslar Software is a privately held, Arkansas-based SaaS provider of a cloud-based lending process automation platform, sold via annual subscription to U.S. community banks and mid-sized regional financial institutions to automate loan origination, workflow, exceptions tracking, and portfolio management.

Ownership category

akta.pro rank

Product category

Lending Process Automation Software for Community Banks

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Loan Origination Systems (LOS) (FSALALAA)

akta.pro secondary industries

Product, Pricing & Eligibility (PPE) / Rate Lock & Pricing Engines (FSALALAC), Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching) (FSAGAHAL)

Keywords

• Lending process automation
• Banking workflow software
• Loan origination system
• Community bank technology
• Commercial lending software

Headquarters

HQ city

Springdale

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscription Licensing: Teslar operates as a SaaS platform where financial institutions subscribe to access its lending process automation modules. The platform is sold as an annual subscription, with configurable modules that can be mixed and matched. Pricing is quote-based and tailored to institution size and module selection.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Teslar Software provides a cloud-based Lending Process Automation Platform sold as annual SaaS subscriptions to community banks and mid-sized US financial institutions. The platform aggregates and unifies core banking data into a single system and delivers configurable Intelligent Automation Modules covering loan origination, pipeline, exceptions and covenant tracking, workflow and forms automation, portfolio management, dashboards, special assets, customer portal, secure document upload, construction inspection, and indirect lending. Modules are sold as mix-and-match subscriptions tailored to each institution's size and operational needs.

Product overview

Teslar Software offers a unified Lending Process Automation Platform with a modular architecture built around configurable Intelligent Automation Modules. The core Teslar Platform serves as the foundation, hosting a robust library of modules including Loan Origination System (LOS), Pipeline, Exceptions/Covenant Tracking, Portfolio Management, Workflow & Forms Automation, Customer Portal (Teslar Unite), TeslarSync (real-time sync module), Specialized Report Builder, Performance Scorecards, Annual Loan Review, Internal Loan Review, Construction Inspection/Draw System, Community Connect, Secure Document Upload (Unite Lite), and Special Assets System. These modules work together to automate and streamline lending operations, deposit operations, credit risk management, and portfolio management for community and regional financial institutions.

Differentiator

Problem solved

Functional benefit

Brands

• TeslarSync: Real-time core and imaging writeback module that automates critical banking functions and keeps data aligned across core, imaging, and Teslar systems.
• Teslar Unite
• Teslar Unite Lite
• TUNE

Products and services

• Teslar Platform Core Lending Process Automation Platform that aggregates and unifies core banking data into a single system and hosts configurable Intelligent Automation Modules for commercial and consumer lending operations and deposit operations at community and regional financial institutions.
• TeslarSync Real-time core and imaging writeback module that automates stop/void payments, money transfers, account and collateral modifications, customer detail updates, and automatic portfolio refresh while keeping data aligned across core, imaging, and Teslar systems.
• Loan Origination System (LOS) Comprehensive digital platform that streamlines the lending process from initial application to funding and loan servicing, including credit memo, routing, pricing, processing, boarding, and loan committee approvals, with integration to external core, imaging, doc prep, pricing, and credit bureau systems.
• Pipeline Loan pipeline management tool enabling seamless movement of loan information throughout the entire loan lifecycle from initial contact through closing, with forecasting capabilities for loan officers and operations teams.
• Exceptions/Covenant Tracking Comprehensive exception and covenant tracking system providing a 100% accurate view of all policy, collateral, financial, and required document exceptions, with drag-and-drop clearing, auto-indexing into imaging systems, and historical exception tracking.
• Portfolio Management Portfolio management module providing real-time insights and automation for managing past due loans, tracking maturing loans, optimizing lending workflows, and handling loan runoff.
• Actionable Enterprise Dashboards Fully customizable, interactive dashboard interface for completing lending tasks, managing workflows, and viewing at-a-glance metrics including past dues, exceptions, maturing loans, renewals, summaries, trends, and forecasts, with action capabilities directly from the interface.
• Workflow & Forms Automation Paperless workflow automation solution with unlimited multi-stage routing, dynamic logic-based questions, automatic imaging indexing, and email approval capabilities for lending and operations processes.
• Annual Loan Review Automated annual loan review system that detects and aggregates loans eligible for review, assigns them to responsible individuals, sets deliverables and due dates, aggregates loan performance metrics and covenant compliance, and routes completed reviews for approval.
• Customer Portal (Teslar Unite) Customer-facing portal giving borrowers 24/7 visibility into their lending process, enabling document upload, new loan or renewal applications, and status tracking, while allowing bankers to request documents and monitor submissions in real time.
• Secure Document Upload (Unite Lite) Secure document upload portal allowing customers to securely submit documents within the bank's own website directly into the Teslar platform, with virus scanning and direct indexing.
• Specialized Report Builder Business intelligence and analytics module enabling BI and data analyst teams to design and build custom reports using bank data with drag-and-drop functionality.
• Community Connect Indirect lending platform enabling financial institutions to offer financing through local businesses such as dealers and contractors, with an embedded portal allowing local businesses to route customers to the bank for financing.
• Construction Inspection/Draw System Construction loan management system for one-to-four family dwellings with percentage-based inspections, mobile app for iOS and Android for lenders and third-party inspectors with geotagged photo capture and inspection report submission.
• Covenant Tracking Comprehensive solution for tracking and monitoring loans with complex covenants at borrower level, retaining acquired values such as DSCR over historical periods.
• Criticized Assets System System that automatically reviews core data including related debt to determine if a loan should be criticized or classified, auto-populates account data into criticized loan workflows, and generates regulatory narrative templates.
• Internal Loan Review Internal loan review system that automatically identifies, aggregates, and assigns loans for review with auto-filled data and consistent line sheet generation.
• Performance Scorecards Performance measurement tool using core system data to generate scorecards measuring performance across lenders, branches, and regions via calculated total scores and color-coding, with theoretical income, past due percentages, and views by day, week, month, or year.
• Special Assets System System that automatically reviews core data to determine if loans should be criticized or classified and routes problem loans to specialized workflows with auto-populated account data and regulatory-ready narrative templates.
• Document Scanning Module for scanning and sending data directly into Teslar using TWAIN-compliant local or networked scanners, with bulk scanning and batch sorting capabilities that automatically feed into the Teslar platform.
• Historical Data Warehouse Data warehouse providing easy access to historical data including loan runoffs, exception counts, balances, and narrative comments from core system and Teslar platform activity.

Quantifiable outcome

• 14% better efficiency ratio vs peer banks (institutions using Teslar)
• +5 more outcomes

Named customers19 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature15 records

Partnerships

Two partnerships are on record, tiered core.

• Jill Castilla (Citizens Bank of Edmond)coreStrategic or Co-development Partner · 1 January 2020Jill Castilla, President & CEO of Citizens Bank of Edmond, co-founded ppp.bank with Teslar and Mark Cuban in response to the 2020 CARES Act. Castilla is a long-term Teslar advocate and customer, promoting the partnership publicly and continuing to reference Teslar as a trusted fintech partner.
• Mark Cuban (via ppp.bank)coreStrategic or Co-development PartnerIn 2020, Teslar partnered with entrepreneur Mark Cuban and banking industry innovator Jill Castilla to create ppp.bank to help small businesses apply for PPP funding under the CARES Act. Teslar processed more than 20% of all PPP loans in the U.S. during 2021 through this partnership.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• nCino: Cloud-based bank operating system with a loan origination component (nCino Bank Operating System) widely used by commercial and consumer banks. Most directly comparable to Teslar in delivering workflow automation, exception tracking, and end-to-end loan lifecycle management.
• Abrigo: Provides lending, credit risk, and compliance software to community banks and credit unions. Directly comparable to Teslar's exceptions/covenant tracking, loan review, and credit risk management modules serving the same community bank buyer.
• MeridianLink: Lending and account opening platform for banks and credit unions, including consumer and mortgage loan origination. Closely comparable to Teslar's Loan Origination System and customer portal offerings for community financial institutions.
• Baker Hill: Commercial loan origination, risk management, and portfolio analytics platform for community banks and credit unions. Directly comparable to Teslar's commercial lending focus and similar buyer personas in mid-sized institutions.

Broad incumbents

• Jack Henry & Associates (SilverLake, Banno, jXchange): Large core banking and fintech provider whose SilverLake, Banno, and jXchange platforms serve thousands of community banks. Overlaps with Teslar in loan origination, digital banking, and workflow automation but as part of a much broader core+ancillary suite.
• FIS (FIS Loan Origination / Credit Cloud): Global financial technology provider offering loan origination, core banking, and lending workflow products. Comparable in loan origination capabilities but at vastly larger scale and broader portfolio than Teslar's community bank focus.
• Fiserv: Major financial services technology provider whose loan origination and account processing platforms (including DNA, Precision) compete with Teslar in mid-sized bank lending automation, though typically as part of a much larger core-plus-ancillary stack.
• Black Knight (ICE Mortgage Technology): Large-scale mortgage and consumer lending technology platform now part of Intercontinental Exchange. Comparable to Teslar in loan origination and workflow automation but focused primarily on mortgage and very large institutions.

Emerging players

• LoanPro: Modern cloud-based loan servicing and origination platform serving lenders of all sizes. Comparable to Teslar in providing modular loan lifecycle software, though more often competing in fintech lenders and specialty finance rather than community banks.

Regional players

• SBS (SBS Banking Systems / TietoEVRY): Banking software provider with a strong loan origination and core banking footprint outside North America. Adjacent comparable to Teslar in loan origination and workflow, though primarily a regional competitor in European markets rather than direct US community bank overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/teslarsoftware
• Facebookfacebook.com/teslarsoftware

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Teslar Software