States Title Raises $150M in Debt Financing

States Title, a San Francisco, CA-based provider of AI-based solutions for the real estate industry, raised $150m in debt financing from HSCM Bermuda.

The company intends to use the funds to accelerate its roadmap and market expansion.

Founded in 2016 by CEO Max Simkoff, States Title uses machine intelligence and patented technology solutions to make real estate closings simple and efficient. States Title and its family of brands – North American Title Company (NATC) and North American Title Insurance Company (NATIC) – offer solutions for lenders, real estate agents, title agents, and homeowners. Clients include some of the largest bank and non-bank lenders in the U.S.