Endpoint, an El Segundo, Calif.-based digital title and settlement services company, secured an additional $150m in funding.
The backer was its parent company, First American Financial Corporation, a provider of title insurance, settlement services and risk solutions for real estate transactions.
This latest investment, which broguht the total capital raised by the company to $220m, will allow the company to augment its technology team, further invest in title and settlement automation, and expand its capabilities for proptech companies and real estate professionals.
Led by Scott Martino, CEO, Endpoint is a digital title and settlement services company built to deliver a closing experience for real estate agents, proptech companies and their buyers and sellers. Through its digital platform, the company provides a simplified real estate closing from start to finish. Endpoint has offices and operations in Washington, California, Arizona and Texas.
Since its launch in 2018, Endpoint has teamed with real estate agents, brokerage firms and proptech companies to close more than $2.5 billion in transactions. In 2021, the company doubled its employee base as it expanded into Northern California and Texas, and continued to grow its existing operations in Washington, Arizona and Southern California.