Venture Capital News: Flueid Scores $8.3M Growth Round
2024-10-31
AUSTIN, TX, Flueid, the leading VOT (Verification of Title) company for residential real estate transactions, today announced it has secured $8.3 million in capital.
Flueid today announced it has secured $8.3 million in capital to accelerate product development, drive business growth, and expand its go-to-market strategy for its VOT solutions suite. This growth financing round was led by LiveOak Ventures, an Austin-based venture capital firm focused on investing in exceptional Texas-based founders. Additional participation came from Detroit Venture Partners-a venture capital fund created by Dan Gilbert, founder and chairman of Rocket Companies-alongside existing investors Aquiline and Commerce Ventures.
Flueid is the leading VOT (Verification of Title) company shaping the future of title risk transparency for the residential real estate, lending, title and closing, servicing, and secondary markets sectors. Flueid's mission is to make VOT intelligence standard for everyone across the real estate lifecycle, fueling streamlined transactions from start to finish. With their VOT solutions suite, consumer and property insights-typically unavailable until after a title commitment is ordered and delivered-are now immediately accessible at the start of every provider's process. Transactions Fueled by Flueid® are supported by their flagship, title underwriter-approved VOT platform, Flueid Decision, ensuring a transparent, consistent, and industry-supported approach to title innovation that does not compromise title risk certainty.
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