Closinglock, a fintech and fraud prevention technology provider for the real estate industry, successfully closed its $12 million Series A funding round. Led by Headline and backed by LiveOak Ventures, RWT Horizons and GTMfund, this investment drives forward Closinglock’s stated mission to revolutionize the transfer of funds and information in real estate.
“This Series A funding is a testament to the dedication and expertise of our team, as well as the relevance of our solutions in combating fraud in real estate,” said Andy White, co-founder and CEO. “We are thrilled to add Headline as a partner as we continue to innovate and strengthen our offerings to better serve our clients.”
The infusion of capital will empower Closinglock to accelerate product development, expand its technological infrastructure and further enhance its capabilities in safeguarding and streamlining real estate transactions.
As fraudulent schemes continue to evolve, Closinglock maintains a steadfast commitment to advancing its product offerings and improving security at every corner, leveraging cutting-edge technology and a customer-centric approach.
“When we first met with Closinglock, we were immediately impressed with their dedication to solving the increasingly complex problems in real estate – spanning fraud, trustworthy payments and software,” claimed King Goh, partner at Headline. “Complemented by their industry expertise, technology and product depth, we knew right away that Closinglock was up to this challenge.”
