Flueid, an Austin, TX-based technology company using data and intelligence to accelerate the Verification of Title (VOT) across the real estate life cycle, raised $12.5M in funding.
This includes a $10M Series B1 raise and $2.5M in debt financing from Eastward Capital Partners.
The B1 round was led by Aquiline Technology Growth (ATG) and included participation from Commerce Ventures, both of which contributed to its Series A and Series B. It adds to its $20M raise announced in October 2022.
The company intends to use the funds to support the continued growth of its patented platform and associated Verification of Title (VOT) solutions.
Led by CEO Peter Bowman, Flueid provides title verification (VOT) solutions to real estate leaders to power streamlined transactions from start to finish. By revealing consumer and ownership information early in each supplier’s process, the company shortens transaction timelines, streamlines workflows, avoids costly delays, and ultimately improves the consumer journey. A Fueled by Flueid™ real estate transaction enables lenders, securities providers, servicers, platform providers, fintechs, proptechs and more to securely integrate their workflows with a platform built on underwriter-approved logic, rulesets, best practices, robust data sets, and industry experience.
FinSMEs
11/08/2023