
Qualia
50 Fremont Street, Suite 3600, San Francisco, California, 94105, United States
Overview
Qualia is a San Francisco, CA–based digital real estate closing technology company that provides a cloud-based platform for home closings. Led by co-founder and CEO Nate Baker, Qualia offers cloud-based closing rooms and a suite of products that bring homebuyers and sellers, lenders, title & escrow agents, and real estate agents onto one secure, remote platform. Since launching in 2015, over half a million real estate professionals have used Qualia. The company raised $65M in a Series D that increased total funding to $160M and valued Qualia at over $1 billion. Qualia also acquired Adeptive Software, the developer of ResWare, to accelerate digital transformation in title and escrow production workflows. Qualia has offices in Austin, TX in addition to its San Francisco headquarters. Qualia is a digital real estate closing technology company that provides the infrastructure to streamline the home closing experience. Its platform brings together homebuyers and sellers, lenders, title & escrow agents and real estate agents onto one secure shared platform. The platform processes more than one million transactions per year and has completed closings across 82 percent of U.S. counties. Founded in 2015, Qualia has over 220 employees across San Francisco and Austin. The company raised $55M in Series C financing, bringing total funding to $95M. Qualia will use the funds to hire product, engineering and go-to-market teams, accelerate growth and build strategic partnerships. Qualia provides a shared, secure platform that brings lenders, realtors, title agents, home buyers and sellers together to coordinate tasks, document progress in real time, and simplify the home closing process. The company targets the roughly $40B home closing industry and aims to improve client experiences and increase visibility and efficiency for all parties, particularly first-time home buyers. Today, five percent of the national real estate market is transacted through Qualia, and the platform counts thousands of settlement agents and more than half of the top 100 mortgage lenders and real estate brokerages among its users. Qualia has grown to over 60 employees since its 2015 founding and says its nationwide expansion drove quick adoption after it launched nationally. The company plans to use new capital to expand its engineering and product teams and accelerate growth into additional U.S. markets. Qualia is headquartered in San Francisco and also has an office in Austin.
- Total raised
- $153M
- Funding rounds
- 3
- Latest round
- Series D
- Latest activity
- Dec 2020
Industries
- FinTech
- Property Management
- PropTech
- Real Estate
- Software
Recent funding
Series D
Dec 2020
$65M
Series C
Nov 2019
$55M
Series B
Mar 2018
$33M