JetClosing Raises $9M in Series B Funding

JetClosing

JetClosing, a Seattle, WA-based digital home closing service for resales and refinances, closed a $9m Series B funding round.

The round, which brought the fundraising total to $35m, was led by funds and accounts advised by T. Rowe Price Associates, Inc., with participation from Pioneer Square Labs and Trilogy Equity.

The company intends to use the funds to expand into new markets while continuing to add features and bolster our platform’s overall user experience.

Led by Dan Greenshields, CEO, JetClosing is digital title and escrow company for real estate transactions. The company utilizes fully encrypted workflows for secure document transfers, wire transactions, remote online notarizations (RON), and e-signatures. To prevent fraud commonly associated with home buying scams, the company has instituted a number of security measures, including a recent partnership with CertifID, a real-time identity and account verification platform for protecting money transfers. JetClosing is currently available in Arizona, Colorado, Nevada, Florida, Pennsylvania, Texas, and Washington.

FinSMEs

31/07/2020

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