AUSTIN, TX, Closinglock, a leading fintech and fraud prevention technology provider for the real estate industry, proudly announces the successful closure of its $12 million 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.
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 earnest money and cash-to-close payments, validate payoff accounts, verify identities, share documents and collect eSignatures. Trusted by over 400 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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