Austin, United States
FirstClose is a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide. The company’s solutions dramatically reduce the time to close home equity loans and HELOCs. Its technology covers everything from application to close, including the ability to order required settlement services on ONE easy-to-navigate platform taking friction, cost, and risk out of the process. Lenders using the FirstClose ONE solution have experienced a 35% increase in online applications, a 25% increase in pull through, and a 77% reduction in time to close from application to funding. FirstClose ONE is integrated with ICE, MeridianLink, and other industry-leading LOS companies.
Founded in 2000 and headquartered in the United States, FirstClose recently secured a $35.00M Venture Round investment on 17 May 2022 led by Lateral Investment Partners. The company operates in the Financial Services, Fintech, and Banking sectors.
In summary, FirstClose offers innovative solutions that streamline the lending process for mortgage and home equity lenders, resulting in significant improvements in efficiency and customer experience. The recent $35.00M Venture Round investment led by Lateral Investment Partners is a testament to the confidence in the company's capabilities and potential within the industry. With a strong track record and strategic partnerships with industry leaders, FirstClose is well-positioned for further growth and success in the fintech and financial services market.
