Closinglock Secures $12M in Series A Funding to Build on Its Success Against Real Estate Fraud

Feb 08, 2024•over 1 year ago

Amount Raised

$12 Million

AustinSoftware

Investors

Gt MfundRwt HorizonsLive Oak VenturesHeadline

Description

Closinglock, a leading fintech and fraud prevention technology provider for the real estate industry, proudly announces the successful closure of its $12M Series A funding round. Led by Headline and backed by LiveOak Ventures, RWT Horizons and GTMfund, this investment drives forward Closinglock’s mission to revolutionize the transfer of funds and information in real estate. This significant infusion of capital will empower Closinglock to accelerate product development, expand its technological infrastructure and further enhance its capabilities in safeguarding and streamlining real estate transactions.

Company Information

Company

ClosingLock

Location

815 Brazos St #1000

Austin, Texas, United States

About

Closinglock provides fraud prevention technology to the real estate industry, modernizing transactions through a secure, easy-to-use platform. With Closinglock, settlement companies can exchange wire instructions, receive Good Funds payments, validate payoff accounts, verify identities, share documents and collect eSignatures. Trusted by hundreds of title companies and law firms, and supported by leading financial service providers such as J.P. Morgan, Closinglock has protected hundreds of thousands of transactions totaling more than $250 billion.

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