Closinglock Secures $12M in Series A Funding

February 13, 2024

Closinglock received $12 million in Series A funding, which was led by Headline and backed by LiveOak Ventures, RWT Horizons and GTMfund.

Closinglock reported the investment will aid its mission of fortifying the real estate industry against fraudulent activities and financial risks.

“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 of Closinglock. “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 allow Closinglock to accelerate product development, expand its technological infrastructure and further enhance its capabilities in safeguarding and streamlining real estate transactions.

“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,” said 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. We couldn’t wait to partner with them and get started.”

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