Stephen Butler
President and CRO at TRUE- Claim this Profile
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Bio
Experience
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TRUE
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United States
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Software Development
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1 - 100 Employee
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President and CRO
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Nov 2023 - Present
New York City Metropolitan Area TRUE is a software solutions company and AI lab that helps mortgage lenders easily harness the power of artificial intelligence to make accurately informed underwriting decisions. TRUE provides the fastest data intelligence solution at accuracies beyond what humans can achieve. While most data intelligence solutions are human assisted, and thus slower and more costly, TRUE is the only provider that offers instant and highly accurate data intelligence with little to no human assistance. Many of… Show more TRUE is a software solutions company and AI lab that helps mortgage lenders easily harness the power of artificial intelligence to make accurately informed underwriting decisions. TRUE provides the fastest data intelligence solution at accuracies beyond what humans can achieve. While most data intelligence solutions are human assisted, and thus slower and more costly, TRUE is the only provider that offers instant and highly accurate data intelligence with little to no human assistance. Many of the leading lenders use TRUE for their data intelligence to ensure they have the lowest costs, fastest turnaround time, and the ability to scale up loan processing without hiring. Since 2017, it has set the industry standard for intelligent lending technology, delivering results that provide a true competitive advantage. Learn more at www.true.ai. Show less
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Deeplite
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Canada
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Software Development
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1 - 100 Employee
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Chairman
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Jul 2020 - Present
Toronto Deeplite.AI provides an optimization platform that improves the performance and size of AI models to enable edge device AI computing. Appointed to assist CEO with fund raising and strategy, leveraging my experience in both AI and semiconductor software. Helped raise funding, improve the culture and management alignment, and currently supporting a successful exit to a global semiconductor brand.
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GoDocs
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United States
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Financial Services
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1 - 100 Employee
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Chief Executive Officer
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Jul 2021 - Nov 2023
Irvine, California, United States Legaltech leader, GoDocs, provides the leading SaaS platform for generated attorney quality commercial loan documentation. Drove strategy to successfully navigate UPL, fee sharing, and attorney client privilege issues to grow ARR to date by more than $4M, including wins at several of the highest volume lenders. Built a 50 state ecosystem of law firm partners to establish an end to end loan closing solution all orchestrated through the GoDocs platform. Performed Fintech market research to find… Show more Legaltech leader, GoDocs, provides the leading SaaS platform for generated attorney quality commercial loan documentation. Drove strategy to successfully navigate UPL, fee sharing, and attorney client privilege issues to grow ARR to date by more than $4M, including wins at several of the highest volume lenders. Built a 50 state ecosystem of law firm partners to establish an end to end loan closing solution all orchestrated through the GoDocs platform. Performed Fintech market research to find this business for M33 Growth Fund, Boston. Show less
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President
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Jul 2020 - Jun 2021
Gateless Inc., is the technology subsidiary of Guaranteed Rate, one of the top 5 residential mortgage lenders in the US. The AI Foundry acquisition formed the core of this business and its product, AI Underwriter. I was responsible for driving product and market direction post the acquisition.
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Founder and President
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Jun 2015 - Jul 2020
Greater Boston Area Founded AI Foundry to pioneer the use of computer vision and deep learning to recognize and extract from mortgage documents to automatically drive underwriting decisions. Lenders use the SaaS service to automatically index and file loan packages and to perform loan reviews and quality and compliance checks. Platform scaled in production to 150,000 loans. Guaranteed Rate acquired AI Foundry in July 2020.
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CEO
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May 2010 - Apr 2015
Terascala is the leading provider of hardware and software for open source parallel storage systems used in Big Data analytics and high‐performance computing environments. More than $25M per year of Terascala powered storage systems was sold and deployed in on premise and cloud datacenters globally. Raised more than $25M in venture led by Intel Ventures to build a business and IP that resulted in an acquisition by Cray Computer in April 2015.
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ManageSoft
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United States
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Software Development
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1 - 100 Employee
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CEO
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Mar 2007 - Apr 2010
Successfully exited ManageSoft to Thoma Bravo / Flexera Software after building the company into a global company with more than 200 employees and the leading provider of enterprise software compliance and license optimization solutions.
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CEO
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Jun 2003 - Jun 2006
Raised $20M from top VCs and built up company to bring an innovative EDA simulation product to market and to win major chip customers including Intel, Sony, Qualcomm, Samsung, and ARM. .
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Segue Software
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Software Development
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1 - 100 Employee
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CEO
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Jul 1997 - Jun 2003
Drove public (Nasdaq) company from $16M to $60M through acquisitions and organic growth to become the leading provider of web application testing and development tools. Grew Seque Software to 300 employees with more than a third based in EMEA markets. Segue was sold to Borland Software.
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CEO
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Oct 1995 - Jul 1997
Executed successful exit for EDA provider, Triquest Design, through a sale to public company Summit Design after getting the product launched and first major semiconductor customers won.
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Sr VP Sales and Marketing
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Jan 1989 - Sep 1995
Joined Kleiner Perkins funded startup, Quickturn Design Systems, at the beginning, built and managed a team of more than 150 employees and drove sales of a proprietary hardware platform to a successful IPO and more than $80M in FY1995 as SVP. Quickturn became the leading provider of chip emulation systems and the company was acquired by Cadence Design.
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Education
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University of Rhode Island
BSEE with Honors, Computer Engineering