When was FirstClose founded?

FirstClose was founded in 2000 and raised its 1st funding round 18 years after it was founded.

Where is FirstClose located?

FirstClose is headquartered in Austin, United States.

Who is the current CEO of FirstClose?

Tedd Smith of FirstClose. They have also founded 1 company.

How many employees does FirstClose have?

As of Jan 05, 2026, the latest employee count at FirstClose is 63.

Is FirstClose a funded company?

FirstClose is a funded company, having raised a total of $39.7M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Sep 11, 2018.

When was the latest funding round of FirstClose?

FirstClose's latest funding was a $***** Series B round on Sep 25, 2025, with participation from 1 investor.

Where does FirstClose rank among its competitors?

FirstClose ranks 5th amongst 115 active competitors, of which 16 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Origence, which secured $1.17M in Dec, 2025.

Who are the top competitors of FirstClose?

FirstClose's top competitors include TidalWave, Stavvy and Mortgage Automator. Among them, Origence secured the most recent funding round in December, 2025.

FirstClose - 2026 Company Profile, Team, Funding & Competitors

FirstClose is a series B company based in Austin (United States), founded in 2000 by Tim Smith, Tim Smith and Tedd Smith. It operates as a Mortgage settlement solutions provider. FirstClose has raised $39.7M in funding from Lateral Investment Management and Cypress Growth Capital. The company has 115 active competitors, including 16 funded and 14 that have exited. Its top competitors include companies like TidalWave, Stavvy and Mortgage Automator.

Company Details

Mortgage settlement solutions provider. The company offers EquityIQ which is a home equity lead generation tool and application management system that can be integrated with loan origination software. Offers FirstClose which is a property and borrower data intelligence and settlement solution. Provides a home equity and refi tool that offers features such as loan application, credit score, valuation, title, tax, flood, loan closing & recording and loan servicing.

Website: www.firstclose.com/
Social
Email ID: *****@firstclose.com, *****@firstclose.com
Phone Number: +1 **********, +1 **********

Key Metrics

Founded Year

2000

Location

Austin, United States

Stage

Series B

Total Funding

$39.7M in 4 rounds

Latest Funding Round

Series B, Sep 25, 2025, $*****

Investors

Lateral Investment Management & 2 more

Ranked

5^th among 115 active competitors

Employee Count

63 as on Jan 05, 2026

Investment & Acquisitions

HomeScout

Similar Companies

TidalWave & 135 more

View FirstClose's full profile

FirstClose is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FirstClose, Inc. CIN: 84-3058425 , United States, Active	Dec 31, 1999	-	-	-

FirstClose has raised a total funding of $39.7M over 4 rounds. Its first funding round was on Sep 11, 2018. Its latest funding round was a Series B round on Sep 25, 2025 for $*****. 1 investor participated in its latest round. FirstClose has 3 institutional investors.

Here is the list of recent funding rounds of FirstClose:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 25, 2025	1849285	Series B	1742699	3599117	7215854	2987133
May 17, 2022	9051177	Series B	3450266	7887022	8750741	3119910
Nov 12, 2019	9937643	Conventional Debt	2186283	9285872	1401452	Pac-West Telecomm

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View details of FirstClose's funding rounds and investors

The founders of FirstClose are Tim Smith, Tim Smith and Tedd Smith. Tedd Smith is the CEO of FirstClose.

Here are the details of FirstClose's key team members:

Tim Smith: Co-Founder & CRO of FirstClose and founder of 1 other company.
Contact Info: 1 email address
Tim Smith: Co-Founder\\Chief Strategy Officer of FirstClose.
Tedd Smith: Co-Founder & CEO of FirstClose.
Contact Info: 1 email address

View details of FirstClose's Founder profiles and Board Members

FirstClose's employee count trend

FirstClose has 63 employees as of Jan 26. Here is FirstClose's employee count trend over the years:

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Top competitors of FirstClose include TidalWave, Stavvy and Mortgage Automator. Here is the list of Top 10 competitors of FirstClose, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TidalWave 2023, New York City (United States), Series A	Developer of an AI platform streamlining mortgage origination for financial institutions	$22M	Permanent Capital, RevTech Labs Capital & 2 others	61/100
2nd	Stavvy 2017, Boston (United States), Series A	Provider of a digital platform for real estate transaction management	$41.5M	Morningside, York IE & 1 others	58/100
3rd	Mortgage Automator 2013, Toronto (Canada), Acquired	Loan life cycle management suite	-	-	57/100
4th	BaseCap Analytics 2012, New York City (United States), Acquired	Provider of data validation and due diligence automation software platform	$8.2M	L’ATTITUDE Ventures, Mendon Venture Partners ... & 1 others	56/100
5th	FirstClose 2000, Austin (United States), Series B	Mortgage settlement solutions provider	$39.7M	Pac-West Telecomm, Cypress Growth Capital ... & 1 others	56/100
6th	The Mortgage Office 1978, Signal Hill (United States), Late Stage	Loan Servicing Software for private lenders, mortgage companies, non-profits and municipalities.	-	Lometa Capital Partners, Quabbin Capital	50/100
7th	Origence 2016, Irvine (United States), Seed	Provider of loan origination, marketing, and CRM solution	$1.17M	Reseda Group	50/100
8th	Digital Risk 2005, Maitland (United States), Acquired	Provider of risk, compliance, and transaction management solutions to mortgage industry	$5M	Century Equity Partners, Kassabov\|Santos Ventures	49/100
9th	FICS 1983, Dallas (United States), Unfunded	Mortgage software solutions provider for loan origination and servicing	-	-	49/100
10th	Black Knight 1962, Jacksonville (United States), Acquired	Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders	-	Thomas H Lee Partners	48/100