JetClosing, a Seattle, WA-based provider of digital real estate title and settlement transaction solutions, raised $20m in Series A funding.
The round was led by T. Rowe Price, with participation from PSL Ventures, Imagen Capital Partners and existing investors Trilogy Equity Partners and Maveron.
The company intends to use the funds to expand to residential real estate markets across the United States.
Founded in 2016 at Pioneer Square Labs and led by Chief Executive Officer Daniel Greenshields, JetClosing provides digital title and settlement transaction solutions which guide buyers and sellers through a professional closing experience. Through the iOS and Android app experience, agents are able to personalize their experience to further reflect how they like to work while buyers receive real-time notifications to track the progress of the close. Last year, the company introduced a property title scoring system, JetScore™, which is calculated based on public and user-submitted data, taking into account the type, nature, and severity of title curative issues.
The company’s technology is currently available to realtors and buyers in Seattle-Tacoma, Las Vegas, Denver and Phoenix markets.
JetClosing has satellite offices in Denver and Phoenix.