Closing - About the company
Closing is an acquired company based in San Diego (United States), founded in 2005. It operates as a Data and technology service provider for estimating the closing cost of real estate transactions. Closing has raised $45.4M in funding. The company has 87 active competitors, including 14 funded and 10 that have exited. Its top competitors include companies like Landeed, Candor Technology and True Footage.
Company Details
Data and technology service provider for estimating the closing cost of real estate transactions. It facilitates mortgage lenders, title and settlement companies, and real estate professionals. The company maintains the database of closing costs, including recording fees and transfer taxes for residential properties. The company also provides closing services like insurance, property inspection, legal adherence, and others related to the closing of real estate transactions.
- Website
- closing.com
- Email ID
- *****@closing.com
- Registered Address
- San Diego, California
Key Metrics
Founded Year
2005
Location
San Diego, United States
Stage
Acquired
Total Funding
$45.4M in 11 rounds
Latest Funding Round
Investors
Ranked
4th among 87 active competitors
Employee Count
101 as on Dec 31, 2022
Investment & Acquisitions
Exit Details
Acquired by CoreLogic (Jun 30, 2021)
Legal entities associated with Closing
Closing is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLOSINGCORP, INC. CIN: 421678736 , United States, Active | Dec 26, 999 | - | 101 (As on Dec 31, 2020) | - |
Closing's acquisition details
Closing got acquired by CoreLogic on Jun 30, 2021.
Click here to take a look at Closing's acquisition in detail
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Closing's funding and investors
Closing has raised a total funding of $45.4M over 11 rounds. Its first funding round was on 2007. Closing has 2 institutional investors.
Here is the list of recent funding rounds of Closing:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 07, 2020 | 4266152 | Series B | 4885609 | 1948856 | 4594668 | 7927405 |
Mar 24, 2016 | 8465880 | Series B | 4975841 | 8343809 | 4048729 | 2411927 |
Jun 09, 2015 | 8766184 | Series B | 1028981 | 3382684 | 7441248 | 7130189 |
View details of Closing's funding rounds and investors
Closing's founders and board of directors
Founder? Claim ProfileClosing's employee count trend
Closing has 101 employees as of Dec 22. The total employee count is 23.0% more than what it was in Dec 21. Here is Closing's employee count trend over the years:
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Closing's Competitors and alternates
Top competitors of Closing include Landeed, Candor Technology and True Footage. Here is the list of Top 10 competitors of Closing, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-powered property document and ownership verification platform | $16.3M | 72/100 | ||
2nd | Candor Technology 2018, Alpharetta (United States), Series B | Provider of AI-powered mortgage underwriting and loan fulfillment solutions | $13.9M | 59/100 | |
3rd | True Footage 2019, New York City (United States), Series C | AI-based residential transaction data service provider | $40M | 56/100 | |
4th | Closing 2005, San Diego (United States), Acquired | Data and technology service provider for estimating the closing cost of real estate transactions | $45.4M | 51/100 | |
5th | Provider of real estate property transaction data | $2.71M | 48/100 | ||
6th | LandTech 2014, London (United Kingdom), Series A | SaaS-driven land prospecting solution for construction professionals | $57.1M | 48/100 | |
7th | RedVision 2001, Parsippany Troy Hills (United States), Acquired | Service provider of title searches & real property data consultancy solutions | $16.8M | 45/100 | |
8th | Provider of real estate transaction documents management solutions | $88.8K | 44/100 | ||
9th | IncentiFind 2017, Houston (United States), Funding Raised | Database for green incentives | - | 43/100 | |
10th | Lenders One 2000, Atlanta (United States), Unfunded | Software for mortgage digital closing and flood zone determination | - | - | 43/100 |
Looking for more details on Closing's competitors? Click here to see the top ones
Closing's Investments and acquisitions
Closing has acquired Westvm. Closing has not made any investments as of now.Reports related to Closing
Here is the latest report on Closing's sector:
News related to Closing
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ClosingCorp Reports Average Closing Cost Data for Refinances In 2020Business Wire•Mar 17, 2021•Closing
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ClosingCorp Reports Average Closing Cost Data for Purchase Mortgages in 2020Business Wire•Mar 11, 2021•Closing
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ClosingCorp Names Christine Boring as Chief Product OfficerBusiness Wire•Mar 04, 2021•Closing, Black Knight
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ClosingCorp Announces Integration With Leading Appraisal Management Company, TriservBusiness Wire•Jan 12, 2021•Closing, Triserv
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ClosingCorp Names Dan Mugge as Chief Technology OfficerBusiness Wire•Mar 10, 2020•Closing, Black Knight
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