Participated · Seed · Jul 2020

Expetitle is a Miami, Florida–based digital-first real estate title and closing company operating in multiple states. It uses proprietary technology to deliver a faster, more cost-efficient closing process. The company provides software and staff to increase transparency, communication, and accountability and employs title agents with decades of experience. Expetitle aims to help brokerages earn more, save time for realtors, and improve the experience for buyers and sellers. In September 2021 the company closed a $2.3M seed round. With the new capital, Expetitle plans to roll out its solution to new states and new partners across the country. Expetitle provides a secure collaborative platform and app that enables fully digital and hybrid closings, allowing buyers and sellers to track the entire closing process. The company partners with real-estate brokerages through joint-venture structures and has begun writing title policies in Florida this year. Fees for various closing services can run 20%–60% lower than traditional closings, according to examples on its website. After the coronavirus pandemic spurred demand for remote services, Expetitle’s revenue nearly tripled over four months and it reports a monthly run rate in the high tens of thousands. The seed funding will be used to fund sales and marketing and to improve the company’s technology. Expetitle was founded in January 2019 and was built in LAB Miami Ventures’ Startup Studio; the team is about 10 people with roughly five in South Florida. The company is focused on growing in Florida over the next year.