Contract Simply Announces Partnership with Starcity at LendIt Fintech USA 2018

The company is helping Starcity make cities more accessible to everyone with a little help from

construction loan software

SAN FRANCISCO, CA – (April 9th) – Contract Simply, a leading construction loan software company that

cuts days from the construction draw process, announced today at LendIt Fintech USA that its

software will assist Starcity in the development of affordable, accessible communities in the San

Francisco Bay Area.

Both Starcity and Contract Simply, fellow Y Combinator graduates, address hard to tackle

problems. Starcity’s mission is to make cities more accessible to those who are being squeezed

out of urban centers by rising housing costs. At Contract Simply, construction loan

administration for projects like those developed by Starcity is one of the few areas in

construction lending that has yet to benefit from modern technology. Contract Simply addresses

the manual document processing and compliance challenges for lenders and builders through

automation and machine learning. Through their partnership with Contract Simply, Starcity can

now process thousands of documents and automate tasks related to moving their large-scale

construction project towards lien-free completion.

“One of the many values we experience as a Y Combinator graduate is the amazing

connections with like-minded entrepreneurs,” says Will Mitchell, Contract Simply co-founder,

and CEO. “Starcity is creating living options for people that may not otherwise have access to

major cities. Our partnership is designed to help Starcity pursue their mission more efficiently

and with less risk and we’re more than thrilled to play a small part in their efforts to develop

thousands of new units by 2019.”

“Our mission is to make great cities accessible to everyone. Contract Simply empowers us to do

that. Commercial developments like ours require lots of financial inputs to keep projects running

smoothly,” says Jesse Suarez, Starcity co-founder and COO. “We have twelve projects

humming along with many more on deck; anything we can do to mitigate risk and improve

efficiencies leads to a better experience for all stakeholders. Contract Simply is helping us

ensure we adhere to the controls and assurances around the draw disbursement process,

something required by our lenders and banking regulators. This type of risk mitigation, in turn,

leads to lien-free, on-time, and on-budget completion of our projects.”

LendIt Fintech USA, a gathering of more than 6,000 industry professionals in San Francisco,

showcases the leaders in innovation across financial services including the digital banking,

fintech, blockchain and lending industries. For more information about Contract Simply, visit

About Contract Simply

Contract Simply is the most user-friendly and efficient construction loan management software

in the world. It’s a fresh and more efficient way for lenders, builders, and contractors to

collaborate and process detailed draw requests. By expediting processing while ensuring

compliance, Contract Simply customers manage their large-scale real estate developments on

time, on budget, and to lien-free completion.

About Starcity

Starcity is a San Francisco-based company that is on a mission to make cities accessible to everyone. Its beautifully designed living communities are built by identifying underutilized or abandoned commercial buildings and hotels to develop, adding to a city’s housing stock without displacing a community’s longtime residents. Starcity offers its members a private, fully furnished bedroom and bathroom, complemented by beautifully designed shared kitchens and living spaces, so residents can opt-in to being a part of a greater community while living in comfort. With community-building at its core, Starcity works with local community stakeholders and nonprofits to understand the communities it enters, offer volunteer and engagement opportunities to its residents, and become a source of energy and opportunity for the neighborhoods in which they offer housing. Software makes the entire process work with a suite of products that making living as a group efficient and enjoyable. Founded in 2016 by CEO Jon Dishotsky, Chief Product Officer Mo Sakrani, and COO Jesse Suarez, Starcity is based in San Francisco, CA.


About LendIt Fintech

LendIt Fintech is a recognized global internet finance industry leader, founded in New York in

2013. Its aim is to gather industry elites to discuss and explore latest trends in the development

services innovation as it hosts three annual conferences. LendIt also owns and operates one of

the world’s leading industry educational channels, Lend Academy.


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Sarah Kaplan is an award-winning journalist with more than 9 years of experience. She is the Editor-in-Chief of She has worked for international media companies as a reporter and correspondent. She has been awarded by Article 19. She has worked for  The Guardian Foundation/ P24 Knowledge Right Project. She has participated in See Media Observatory in Macedonia. She was Research Fellow at Friedrich Ebert Foundation in Germany.  She has been writing about technology, the latest trends in business. You can reach out to her via Also, you can connect with her at Linkedin.