Tech Company Financing Transactions
Closinglock Funding Round
Closinglock, based in Austin, raised $12 million from Headline, GTMfund and LiveOak Venture Partners.
Transaction Overview
Company Name
Announced On
2/8/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product development, expand its technological infrastructure and further enhance its capabilities in safeguarding and streamlining real estate transactions.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
P.O. Box 200343
Austin, TX 78720
USA
Austin, TX 78720
USA
Phone
Website
Email Address
Overview
ClosingLock began in February of 2017 when Abigail was working on a real estate team in Austin, TX. After learning that one of the team's clients had received phishing emails with fake wire instructions, she went home and talked with her husband, Andy, about what had transpired. While researching the problem, they discovered that emailing wire instructions was standard in the title industry. The two quickly worked to develop a secure, simple solution for the title industry. From there, ClosingLock was born.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andy White
Chief Operating Officer
Weston Conway
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We report on tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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