AI-Native Software
AI-Native Software
Underwriting Platform for Surety & Commercial Credit
Underwriting Platform for Surety & Commercial Credit
Turn financial statements, tax forms, and work-in-progress reports into a verified underwriting analysis in minutes.
Turn financial statements, tax forms, and work-in-progress reports into a verified underwriting analysis in minutes.
For Lending, Surety, & Insurance
For Lending, Surety, & Insurance
AI Financial Spreading & Analysis
AI Financial Spreading & Analysis
AI-native spreading, adjustments, and analysis that gets your team to a confident, auditable decision in minutes.
AI-native spreading, adjustments, and analysis that gets your team to a confident, auditable decision in minutes.
AI Financial Spreading
Within minutes, standardize any statement into your organization’s chart of accounts.
AI Financial Spreading
Within minutes, standardize any statement into your organization’s chart of accounts.
Trend & Ratio Analysis
Trend & Ratio Analysis
Surface coverage, leverage, liquidity, and cash flow alongside period-over-period shifts in metrics.
Surface coverage, leverage, liquidity, and cash flow alongside period-over-period shifts in metrics.
Data Extraction & Review
Data Extraction & Review
Capture data from financial statements, tax forms, and notes, traceable to the source.
Capture data from financial statements, tax forms, and notes, traceable to the source.
Underwriting Adjustments
Underwriting Adjustments
Apply write-downs and reclassifications with every adjustment logged.
Apply write-downs and reclassifications with every adjustment logged.
Consolidated Views
Consolidated Views
Roll up multiple entities and periods into a single global view of the entire relationship.
Roll up multiple entities and periods into a single global view of the entire relationship.
99%
Field-Level Mapping Accuracy
Field-Level Mapping Accuracy
5 minutes
to Spread
to Spread
For Contract Surety
For Contract Surety
Work-in-Progress Analysis
Work-in-Progress Analysis
Extract and normalize project data from contractor work-in-progress (WIP) reports, then track progress, profitability, and bonded exposure.
Extract and normalize project data from contractor work-in-progress (WIP) reports, then track progress, profitability, and bonded exposure.
WIP Data Extraction & Verification
Extract job data from PDF or Excel WIPs and normalize it into a consistent structure, with every figure verified against the source.
WIP Data Extraction & Verification
Extract job data from PDF or Excel WIPs and normalize it into a consistent structure, with every figure verified against the source.
Profit Gain & Fade Analysis
Profit Gain & Fade Analysis
See profit gain/fade and late-stage underbillings by job to catch margin erosion before it leads to default.
See profit gain/fade and late-stage underbillings by job to catch margin erosion before it leads to default.
Data Extraction & Review
Data Extraction & Review
AI matches projects across every WIP automatically.
AI matches projects across every WIP automatically.
Project Monitoring
Project Monitoring
Monitor percent complete, cost to complete, and profit margin for every job in one report.
Monitor percent complete, cost to complete, and profit margin for every job in one report.
Bonded Exposure Tracking
Bonded Exposure Tracking
Track bonded exposure at the program and project level.
Track bonded exposure at the program and project level.
20,000+
WIPs Processed Annually
WIPs Processed Annually
5 minutes
to Process
to Process
Michael Pitre, SVP at Palomar Surety
Michael Pitre, SVP at Palomar Surety
Boom has transformed one of the most labor-intensive processes in our organization. Their AI platform automates the analysis and entry of contractor WIP statements with remarkable speed and accuracy, saving Palomar Surety hundreds of man-hours annually. Beyond the technology itself, the Boom team has been responsive, collaborative, and committed to delivering real business value. We are proud to have been their first customer and enthusiastic supporters of their continued growth.
Boom has transformed one of the most labor-intensive processes in our organization. Their AI platform automates the analysis and entry of contractor WIP statements with remarkable speed and accuracy, saving Palomar Surety hundreds of man-hours annually. Beyond the technology itself, the Boom team has been responsive, collaborative, and committed to delivering real business value. We are proud to have been their first customer and enthusiastic supporters of their continued growth.
BoomAPI
BoomAPI
Process in Boom, sync structured data back to your system
Process in Boom, sync structured data back to your system
One integration connects Boom to the systems you already use.
One integration connects Boom to the systems you already use.
Financial Spreading API
Financial Spreading API
Import financial statements → Boom extracts, spreads, and adjusts → structured financial data syncs back to your system.
Import financial statements → Boom extracts, spreads, and adjusts → structured financial data syncs back to your system.
Work-in-Progress API
Work-in-Progress API
Import WIP schedules → Boom ingests, normalizes, and analyzes → project data syncs back to your system.
Import WIP schedules → Boom ingests, normalizes, and analyzes → project data syncs back to your system.
Webhooks
Webhooks
Trigger updates when companies, files, analyses, or records are created, updated, or completed.
Trigger updates when companies, files, analyses, or records are created, updated, or completed.
Configurable Mappings
Configurable Mappings
Map Boom outputs to your internal fields, workflows, and downstream systems.
Map Boom outputs to your internal fields, workflows, and downstream systems.
const { data: company } = await client.POST("/companies", {
headers: auth,
body: { name: "Acme Construction", fullAddress: "123 Main St" },
});
const { data: file } = await client.POST("/files", {
headers: auth,
body: { companyId: company.id, fileName: "financials.pdf" },
});
await uploadFinancialFile(file, fileContent);
await client.POST("/files/{fileId}/process", { headers: auth, params: { path: { fileId: file.id } } });
const { data: result } = await waitForProcessingCompletedWebhook(file.id);
const { data: company } = await client.POST("/companies", {
headers: auth,
body: { name: "Acme Construction", fullAddress: "123 Main St" },
});
const { data: file } = await client.POST("/files", {
headers: auth,
body: { companyId: company.id, fileName: "financials.pdf" },
});
await uploadFinancialFile(file, fileContent);
await client.POST("/files/{fileId}/process", { headers: auth, params: { path: { fileId: file.id } } });
const { data: result } = await waitForProcessingCompletedWebhook(file.id);
For Lending, Surety, & Insurance
For Lending, Surety, & Insurance
Portfolio Risk Intelligence
Portfolio Risk Intelligence
AI-native portfolio chat, benchmarking, and segmenting that surfaces credit risk across every account in a fraction of the time.
AI-native portfolio chat, benchmarking, and segmenting that surfaces credit risk across every account in a fraction of the time.
Portfolio Chat
Ask your portfolio questions in plain language and surface exposures, concentrations, and risk indicators across every account at once.
Portfolio Chat
Ask your portfolio questions in plain language and surface exposures, concentrations, and risk indicators across every account at once.
Portfolio Benchmarking
Portfolio Benchmarking
Compare account performance against peer groups, identify outliers, and understand where each account stands across your book.
Compare account performance against peer groups, identify outliers, and understand where each account stands across your book.
Portfolio Views
Portfolio Views
Segment the portfolio by sector, rating, or geography, and track how each group of accounts changes over time.
Segment the portfolio by sector, rating, or geography, and track how each group of accounts changes over time.
Related Party Underwriting
Related Party Underwriting
Underwrite & map how related entities, guarantors, and owners connect across the portfolio to reveal concentration.
Underwrite & map how related entities, guarantors, and owners connect across the portfolio to reveal concentration.
Tim Maffiore, VP Contract Surety at Lexington National Insurance Corporation
Tim Maffiore, VP Contract Surety at Lexington National Insurance Corporation
Boom’s platform has been a true game-changer for our underwriting operations. It rapidly ingests and organizes large volumes of data while preserving the human oversight required for AI compliance and regulatory standards - making new submission faster and more efficient than ever before. It also meaningfully strengthens account file quality, producing detailed reports that fully support any audit requirements a Surety may have.
The onboarding experience was exceptional. The boom team was responsive, knowledgeable, and genuinely invested in our success every step of the way.
Boom’s platform has been a true game-changer for our underwriting operations. It rapidly ingests and organizes large volumes of data while preserving the human oversight required for AI compliance and regulatory standards - making new submission faster and more efficient than ever before. It also meaningfully strengthens account file quality, producing detailed reports that fully support any audit requirements a Surety may have.
The onboarding experience was exceptional. The boom team was responsive, knowledgeable, and genuinely invested in our success every step of the way.
Enterprise Ready
Enterprise Ready
Built for enterprise trust and scale
Built for enterprise trust and scale
Built to support sensitive workflows with strong controls for financial data, document handling, and access management.
Built to support sensitive workflows with strong controls for financial data, document handling, and access management.
SOC 2 TYPE II Certified
SOC 2 TYPE II Certified
Independently audited policies and controls ensure sensitive financial data is secure and protected.
Independently audited policies and controls ensure sensitive financial data is secure and protected.
Verifiable Data Quality
Verifiable Data Quality
Field-level confidence indicators and human-in-the-loop review ensure critical data is validated before it hits production.
Field-level confidence indicators and human-in-the-loop review ensure critical data is validated before it hits production.
Enterprise Auditability
Enterprise Auditability
Full change history, reviewer actions, and versioning create defensible records for audit and compliance.
Full change history, reviewer actions, and versioning create defensible records for audit and compliance.
Learn more about Boom
Make faster, more consistent underwriting decisions with less manual work. Boom is purpose-built for underwriting teams with audit-ready, AI workflows at the core.
Learn more about Boom
Make faster, more consistent underwriting decisions with less manual work. Boom is purpose-built for underwriting teams with audit-ready, AI workflows at the core.
Learn more about Boom
Make faster, more consistent underwriting decisions with less manual work. Boom is purpose-built for underwriting teams with audit-ready, AI workflows at the core.
Latest updates
Read our company news and product releases.
Latest updates
Read our company news and product releases.
Latest updates
Read our company news and product releases.