Propy
725 Alma St, Palo Alto, CA, 94301, US
Overview
Propy operates licensed title and escrow businesses and has built an AI- and blockchain-powered platform that automates the entire real-estate closing workflow, from offer through deed recording. Its new AI Agent can perform tasks traditionally handled by escrow officers—monitoring emails, opening transactions 24/7, checking bank accounts, and contacting lenders and HOAs—reducing manual workloads by up to 70%. Since 2021 the company has processed more than $5 billion in transactions, with volume roughly doubling year over year. Propy is executing an AI-led roll-up strategy, targeting title and escrow firms generating $5 million–$20 million in annual revenue and aiming to add about $100 million in annual revenue through consolidation. Recent activity includes a second $5 million acquisition and a signed LOI for a third $6 million deal, with roughly $75 million in active M&A pipeline. Advisory board members include former U.S. Treasury Assistant Secretary Chris Campbell and former SEC Commissioner Dr. Michael S. Piwowar, and investors include Tim Draper. The company positions itself as the infrastructure layer that will make real-estate transactions cheaper, faster, and as liquid as modern financial markets.
- Total raised
- $101M
- Funding rounds
- 3
- Latest round
- Debt Financing
- Latest activity
- Jan 2026
Industries
- Apps
- Blockchain
- FinTech
- Real Estate
- Real Estate Investment
- Risk Management
- SaaS
- Software
Recent funding
Debt Financing
Jan 2026
$100M
Equity
Oct 2020
$1M