Blueprint Raises $16M in Series B Funding; Buys Southwest Land Title Insurance Company

real estate

Blueprint Holding Co. Inc., a Nashville, Tenn.-based owner of Blueprint Title, raised $16m in Series B funding.

The round was led by Forté Ventures with participation from new investors Avanta Ventures, Bull City Venture Partners, Greenlight Re Innovations, and Gaingels, as well as previous investors Mouro Capital, Tribeca Early Stage Partners, Liberty Mutual Strategic Ventures, and Mucker Capital. As part of the Series B, the company also announced that Forté Ventures’ Hunter Hartwell joined Blueprint’s board.

The company will use the funds to accelerate its footprint expansion and to continue building out the Blueprint platform.

Blueprint has acquired an underwriter, Southwest Land Title Insurance Company, which is currently licensed in Arizona, Nevada, North Carolina, Tennessee, and Texas, with more states coming soon. With the deal, the company’s services and technology platform will make it easier for professional residential real estate buyers and sellers to take control of the entire closing process.

Blueprint provides professional residential real estate market players with a technology platform that gives visibility by offering a comprehensive view of all transactions in a single, secure dashboard. Through the platform, partners can upload documents digitally, view detailed transaction information, receive automated status updates and communications for collaboration, and e-sign.

Partners include multi-state investors, lenders, wholesalers, proptech startups, and builders who transact frequently and need complete transparency throughout the closing process of every transaction. Founded in 2017 and headquartered in Nashville, TN, Blueprint’s agency, Blueprint Title, is licensed in 26 states and operational in 19.

FinSMEs

01/09/2021