Closinglock Raises $12M Series A to Protect Real Estate Transactions

The company’s solution helps secure settlement companies against fraudulent activities.

Published on Feb. 08, 2024
Closinglock Raises $12M Series A to Protect Real Estate Transactions
A person is pictured opening the door to a new home.
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Austin-based Closinglock secured a $12 million Series A funding round led by Headline. The company provides fintech and fraud prevention technology for the real estate industry. 

Closinglock plans to advance its product offerings and improve security in the face of evolving fraudulent schemes. Its platform allows settlement companies to exchange wire instructions, receive earnest money and cash-to-close payments, validate payoff accounts, verify identities, share documents and collect electronic signatures. 

This investment will enable Closinglock to further develop its platform, expand its technology infrastructure and enhance its capabilities in safeguarding and streamlining real estate transactions.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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