CertifID builds software to prevent wire fraud in real estate transactions. The company was founded by Tom Cronkright and Tyler Adams after Cronkright's title company, Sun Title, lost $180,000 to wire fraud in 2015. What began as an internal tool to protect Sun Title's transactions has since grown into a platform that safeguards billions of dollars in real estate wire transfers every month across all 50 states.
The platform combines three distinct layers of protection. Its identity verification software confirms the identities of all parties before funds are moved. Direct wire fraud insurance covers losses of up to $5 million per transaction. And when fraud does occur, CertifID's recovery services - conducted in partnership with the US Secret Service - work to retrieve stolen funds and dismantle the cybercrime networks responsible. The company serves title companies, law firms, lenders, real estate agents, and home buyers and sellers.
The problem CertifID addresses is widespread: one in four Americans reports being targeted by wire fraud during a real estate transaction. The company positions itself at the intersection of identity verification, cybersecurity, and financial risk management, operating in a space where bank security and law enforcement alone have historically left gaps. Its technical domains span fraud prevention, incident response, and insurance for financial transactions.
