JetClosing is a Seattle-based digital title and escrow company that provides transparency, security, and efficiency throughout the home closing process. The company serves real estate agents, sellers, and buyers and has a presence in Arizona, Colorado, Florida, Nevada, Pennsylvania, Texas, and Washington. JetClosing emphasizes a seamless customer experience that enables secure, remote closings. It is led by newly hired President & CEO Anna Collins, who brings experience from Amazon, Microsoft, aQuantive and several startups. The company closed an $11M Series B and said it will use the funding for market growth and investment in its operations and technology. JetClosing operates a digital title and escrow platform for real estate resales and refinances, offering fully encrypted workflows for secure document transfers, wire transactions, remote online notarizations, and e-signatures. The company has implemented multiple security measures to prevent home-buying fraud and recently partnered with CertifID for real-time identity and account verification to protect money transfers. Led by CEO Dan Greenshields, JetClosing aims to expand into new markets while continuing to add features and improve its platform’s user experience. The service is available in Arizona, Colorado, Nevada, Florida, Pennsylvania, Texas, and Washington. The company has raised capital through multiple rounds, with the latest financing increasing its total fundraising to $35M. No operating metrics (revenue/users) were disclosed in the article. JetClosing provides digital title and settlement services that guide buyers and sellers through a tech-enabled closing process. Its product includes iOS and Android apps for agents and buyers, real-time notifications, and the JetScore property title scoring system introduced last year. The service shortens the closing cycle, charges a $500 flat closing fee regardless of home value, and can issue seller proceeds and agent commissions within 60 minutes of closing. The company currently serves the Seattle-Tacoma, Las Vegas, Denver and Phoenix markets and plans to expand across residential real estate markets in the United States. JetClosing was founded at Pioneer Square Labs in 2016 and is headquartered in Seattle with satellite offices in Denver and Phoenix. The company recently completed a $20M Series A to fund its geographic expansion. JetClosing builds a mobile-first, cloud-based platform to move the home closing process off paper and into the cloud. The product aims to reduce closing time, increase transparency, and cut costs by eliminating manual re-sending, re-faxing, and inaccurate data entry. The company generates revenue by charging a fee as part of the transaction when a deal closes. Leadership emphasizes a mobile UX to appeal to digital-native buyers and plans to leverage cloud infrastructure and mobile devices, drawing on CEO Daniel Greenshields’s prior experience at ShareBuilder. The founding team includes CEO Daniel Greenshields, COO Eric Bloomquist, and CTO David Wolf; the company currently employs nine people and is a spinout of Pioneer Square Labs in Seattle. JetClosing says it has competitors pursuing similar goals but believes its mobile-app expertise is a differentiator.

Total raised

$42M

Funding rounds

4

Latest round

Series B

Latest activity

Mar 2021