Snapdocs

Snapdocs, Inc. is an American real estate technology company headquartered in San Francisco, California.[1] The company helps the many participants in a real estate closing work together better through integration and automation.[2]

History

Snapdocs was founded in 2012 by Aaron King, a real estate industry veteran who became a licensed notary when he turned 18. King then founded NotaryLink to focus on modernizing the real estate closing process at the age of 21.[3] Two years after launch, Snapdocs took part in the Winter 2014 class of Y Combinator, a Silicon Valley accelerator that provides seed funding for startups.[4] In October 2020, Snapdocs raised $60 million in a series C round of funding, bringing its total funds raised to $103 million.[5] In May of 2021, Snapdocs raised an additional $150MM.

Products

Snapdocs’ offerings focus on workflow tools that digitize and automate tasks for lenders, title companies, and notaries.[6] The company also built and curates a database of over 80,000 notaries and real estate attorneys, who are rated and ranked according to user reviews and credentials.[7] In addition to providing scheduling tools, its collaboration platform connects all parties along the mortgage chain and allows the transfer of loan documents and closing details. Snapdocs also automates mortgage vendor compensation for lenders, title and escrow companies.

Snapdocs facilitates over 100,000 real estate closings per month.

References
  1. "With Snapdocs, 'compliance is baked into the platform' - Inman".
  2. "Snapdocs launches broker portal - News - The Title Report".
  3. "NOTARY LINK LLC San Francisco CA, 94107 - Cortera Company Profile".
  4. "Y Combinator startup list".
  5. Lunden, Ingred (12 October 2020). "Snapdocs raises $60M to manage the mortgage process in the cloud". TechCrunch. Retrieved 27 April 2021.
  6. "Buying From Afar? Try a Remote Closing". 31 March 2016.
  7. "Find a Notary Public - Snapdocs".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.