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Snapdocs - About the company

Snapdocs is a series D company based in San Francisco (United States), founded in 2013 by Aaron K. It operates as a Provider of digital closing software for mortgage and title transactions. Snapdocs has raised $265M in funding from investors like Y Combinator, Sequoia Capital and Tiger Global Management, with a current valuation of $1.5B. The company has 280 active competitors, including 25 funded and 24 that have exited. Its top competitors include companies like Qualia, Doma and TidalWave.

Sectors and market segments that Snapdocs operate in

Snapdocs serves in the Real Estate and Construction Tech, FinTech market segments.The primary business model of Snapdocs are:

Company Details

Provider of digital closing software for mortgage and title transactions. This platform automates workflows between lenders and settlement teams to facilitate electronic document signing and notarization. It includes tools for file review, electronic promissory note storage, and the coordination of signing appointments. The system integrates with loan origination and point of sale software to manage the transfer of closing documents and data.
Social
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Email ID
*****@snapdocs.com
Registered Address
San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series D
Total Funding
$265M in 5 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Dec 31, 2021
Ranked
Employee Count
386 as on Aug 31, 2026
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Snapdocs's funding and investors

Snapdocs has raised a total funding of $265M over 5 rounds. Its first funding round was on 2014. Its latest funding round was a Series D round on May 25, 2021 for $150M. 7 investors participated in its latest round. Snapdocs has 22 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Snapdocs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 25, 2021
$150M
Series D
$1.5B
-
Oct 12, 2020
$75M
Series C
$200M
-
Oct 10, 2019
$25M
Series B
-
-
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Snapdocs' founders and board of directors

Founder? Claim Profile
The founders of Snapdocs is Aaron K. Michael Sachdev is the CEO of Snapdocs.
Here are the details of Snapdocs' key team members:

Snapdocs' Board of Directors

Snapdocs's board has 8 active members. Andrew Reed, Aaron K, Douglas Leone, Matt Schindel, Ian Small, David Jegen, Kirk Schmink and Sanam Pangali are independent board members.
Here is the list of Snapdocs' board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 10m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
5y 10m
Independent board member
-
Current
5y 3m
Independent board member
-
Current
6y 10m
Independent board member
-
Current
8y 9m
Independent board member
-
Current
5y 3m

Snapdocs' employee count trend

Snapdocs has 386 employees as of Aug 26. Here is Snapdocs's employee count trend over the years:
Employee count trend for Snapdocs
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Snapdocs's Competitors and alternates

Top competitors of Snapdocs include Qualia, Doma and TidalWave. Here is the list of Top 10 competitors of Snapdocs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Qualia
Qualia
2015, San Francisco (United States), Series D
Developer of real estate closing platforms and title insurance software
$207M
70/100
2nd
Logo for Doma
Doma
2016, San Francisco (United States), Acquired
Provider of artificial intelligence technology for automated mortgage title underwriting
$444M
60/100
3rd
Logo for TidalWave
TidalWave
2023, New York City (United States), Series A
Developer of an AI platform streamlining mortgage origination for financial institutions
$22M
60/100
4th
Logo for Stavvy
Stavvy
2017, Boston (United States), Series A
Provider of a digital platform for real estate transaction management
$41.5M
58/100
5th
Logo for Snapdocs
Snapdocs
2013, San Francisco (United States), Series D
Provider of digital closing software for mortgage and title transactions
$265M
57/100
6th
Logo for FirstClose
FirstClose
2000, Austin (United States), Series B
Mortgage settlement solutions provider
$39.7M
56/100
7th
Logo for BaseCap Analytics
BaseCap Analytics
2012, New York City (United States), Acquired
Provider of data validation and due diligence automation software platform
$8.2M
56/100
8th
Logo for OptiFunder
OptiFunder
2018, Maryland Heights (United States), Series B
Developer of software for mortgage warehouse funding and lifecycle management
$25M
52/100
9th
Logo for Friday Harbor
Friday Harbor
2024, Seattle (United States), Seed
Developer of an AI-driven platform for mortgage loan file underwriting
$6M
50/100
10th
Logo for Origence
Origence
2016, Irvine (United States), Seed
Provider of loan origination, marketing, and CRM solution
$1.17M
49/100
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Snapdocs's Investments and acquisitions

Snapdocs has made no investments or acquisitions yet.

Reports related to Snapdocs

Here is the latest report on Snapdocs's sector:

News related to Snapdocs

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Media has covered Snapdocs for a total of 3 events in the last 1 year, 2 of them have been about partnerships and 1 about company updates.
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FAQs about Snapdocs

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