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.
- Website
- www.snapdocs.com/
- 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
Investors
Ranked
5th among 280 active competitors
Employee Count
386 as on Aug 31, 2026
Legal entities associated with Snapdocs
Snapdocs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SNAPDOCS, INC. CIN: 464305179 , United States, Active | Dec 11, 2013 | - | 205 (As on Dec 31, 2024) | - |
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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:
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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 | - | - |
View details of Snapdocs's funding rounds and investors
Snapdocs' founders and board of directors
Founder? Claim ProfileThe founders of Snapdocs is Aaron K. Michael Sachdev is the CEO of Snapdocs.
Here are the details of Snapdocs' key team members:
- Aaron K: Founder of Snapdocs. They are also an angel investor in 6 startups and serve on the board of 1 company.
- Michael Sachdev: CEO of Snapdocs.
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 |
View details of Snapdocs's Founder profiles and Board Members
Snapdocs' employee count trend
Snapdocs has 386 employees as of Aug 26. Here is Snapdocs's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Qualia 2015, San Francisco (United States), Series D | Developer of real estate closing platforms and title insurance software | $207M | 70/100 | |
2nd | Doma 2016, San Francisco (United States), Acquired | Provider of artificial intelligence technology for automated mortgage title underwriting | $444M | 60/100 | |
3rd | TidalWave 2023, New York City (United States), Series A | Developer of an AI platform streamlining mortgage origination for financial institutions | $22M | 60/100 | |
4th | Stavvy 2017, Boston (United States), Series A | Provider of a digital platform for real estate transaction management | $41.5M | 58/100 | |
5th | Snapdocs 2013, San Francisco (United States), Series D | Provider of digital closing software for mortgage and title transactions | $265M | 57/100 | |
6th | FirstClose 2000, Austin (United States), Series B | Mortgage settlement solutions provider | $39.7M | 56/100 | |
7th | BaseCap Analytics 2012, New York City (United States), Acquired | Provider of data validation and due diligence automation software platform | $8.2M | 56/100 | |
8th | OptiFunder 2018, Maryland Heights (United States), Series B | Developer of software for mortgage warehouse funding and lifecycle management | $25M | 52/100 | |
9th | Friday Harbor 2024, Seattle (United States), Seed | Developer of an AI-driven platform for mortgage loan file underwriting | $6M | 50/100 | |
10th | 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
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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Snapdocs and BNY To Launch Automated Collateral Delivery and eCustody SolutionBusiness Wire•May 14, 2026•Snapdocs
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Snapdocs Integrated with Dark Matter Technologies’ Empower LOSeNewsChannels•Mar 24, 2026•Dark Matter Technologies, Snapdocs
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Snapdocs and MeridianLink Partner to Power Digital Home Equity ClosingsBusiness Wire•Jan 13, 2026•Snapdocs, MeridianLink
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Tavant and Snapdocs Partner to Create Seamless End-to-End Digital Mortgage InfrastructureGlobal Fintech Series•Aug 14, 2025•Tavant, Snapdocs
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Snapdocs Introduces AI-Powered Quality Control to Improve Efficiency and Accuracy in Mortgage ClosingsBusiness Wire•Mar 06, 2025•Snapdocs
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Snapdocs Becomes First eVault Provider to Achieve MISMO® CertificationBusiness Wire•Feb 19, 2025•Snapdocs
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Research from Snapdocs and Falcon Capital Finds Digital Closings Create Up to 10 Bps Pricing Advantage for LendersBusiness Wire•Nov 14, 2024•Snapdocs, Falconcapitaladvisors
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Snapdocs Expands Digital Closing Platform and Unveils New Brand IdentityBusiness Wire•Oct 15, 2024•Snapdocs
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Zions Bancorporation Achieves 75% Hybrid Digital Closing Adoption After Just One Month with SnapdocsBusiness Wire•Oct 03, 2024•Snapdocs, Zions Bancorporation
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Republic Bank Chooses Snapdocs To Accelerate Digital Mortgage Closing StrategyBusiness Wire•Jun 05, 2024•Snapdocs, Republic Bank
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