Closinglock, founded in 2017 and headquartered in Austin, Texas, is a financial technology company operating in the real estate sector. Its platform provides a suite of digital tools designed to modernize the exchange of money and data during real estate closings, with a specific focus on security and fraud prevention. The company's technical domains span digital payments, identity verification, secure communication workflows, document management, and automated compliance tracking for regulations such as those from FinCEN.
The company's product suite includes SecurePay, a digital payment tool that the company states has protected over $3 billion in funds. Other offerings include tools for secure wire instructions, identity verification aligned with ALTA standards, document management, and two-way texting. The platform is utilized by title companies, law firms, and other real estate professionals across all 50 U.S. states. To date, Closinglock states it has facilitated more than 1.5 million home closings.
Closinglock has grown to a team of over 100 employees. The company secured $34 million in Series B funding to support its operations and growth within the real estate technology market.
