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Venture Capital News: Qualia Announces $65M Series D Funding

2020-12-22
SAN FRANCISCO, CA, Qualia, the leading digital real estate closing technology company, has raised $65 million in Series D financing.
Qualia, the leading digital real estate closing technology company, announced today that it has raised $65 million in Series D financing, increasing its total funding to $160 million and valuing the five-year-old company at over $1 billion. The latest round was led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures. Additionally, Qualia announced the acquisition of Adeptive Software, the developer of ResWare, a complementary title and escrow production software well known within the real estate industry.

Qualia is the real estate and mortgage industry's leading digital closing platform. Qualia's new class of cloud-based closing rooms provide the complete infrastructure to streamline the home closing experience for real estate businesses and their clients. The company offers a suite of products that brings together homebuyers and sellers, lenders, title & escrow agents and real estate agents onto one secure, remote platform. Since launching in 2015, over half a million real estate professionals have used Qualia for their clients, the company has been named to CB Insights Fintech 250 list of quickest-rising fintech startups, grown to nearly 400 employees, and has been recognized by Forbes as one of America's Best Startup Employers. Qualia is headquartered in San Francisco, CA and has offices in Austin, TX. For more information on Qualia, visit www.qualia.com.
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