Closinglock Secures $21.3 Million in Series A Funding for Innovative Fraud Prevention Technology in Real Estate Industry

Closinglock is thrilled to announce that it has successfully raised $21,310,000 in its latest funding round, an investment poised to propel its mission of modernizing real estate transactions through cutting-edge fraud prevention technology. The funding comes as a testament to the trust and confidence that industry players place in Closinglock’s secure, user-friendly platform. Specializing in the real estate sector, Closinglock enables settlement companies to safely exchange wire instructions, validate payoff accounts, verify the identities of involved parties, and facilitate seamless document sharing and eSignatures—making transactions faster and safer for everyone involved. With the latest capital injection, Closinglock plans to enhance its existing features and further innovate its platform, advancing technology solutions to combat fraud in the real estate industry. This funding will also allow the company to expand its market reach, allowing more title companies and law firms to benefit from its reliable solutions. Trusted by hundreds of industry professionals and backed by prominent financial service providers such as J.P. Morgan, Closinglock has already safeguarded hundreds of thousands of transactions, securing over $250 billion in verified deals. As the landscape of real estate transactions continues to evolve, Closinglock remains committed to pioneering advancements that protect both businesses and consumers, ensuring that the future of real estate is not only efficient but also secure. This funding marks a pivotal milestone in the journey towards safer, smoother transactions in an industry that is ripe for innovation.