ClosingLock is modernizing the real estate world’s way of transferring information to eliminate wire fraud and protects buyers, lenders, agents and closing companies from loss. ClosingLock’s core feature is a secure portal for title clients to effortlessly retrieve wire transfer instructions. The portal is accessible from all platforms and on all operating systems – title clients can easily download wire instructions anytime, anywhere.
Through ClosingLock, title companies can also send and receive documents with title clients (buyers/sellers/lenders/agents), and receive signatures via ClosingLock’s eSigning integration. ClosingLock sends automated text/call notifications, alerting title clients of available wire instructions, documents to sign, etc. All wire instructions and documents in ClosingLock’s portal are encrypted using the latest AES encryption (approved by the NSA). ClosingLock also offers optional two-factor authentication for clients logging in, which prevents unauthorized access.
By using ClosingLock, title companies ensure they will never have to send wire instructions via email, and so their clients know to never trust any fraudulent wire instructions.
Through ClosingLock, title companies can also send and receive documents with title clients (buyers/sellers/lenders/agents), and receive signatures via ClosingLock’s eSigning integration. ClosingLock sends automated text/call notifications, alerting title clients of available wire instructions, documents to sign, etc. All wire instructions and documents in ClosingLock’s portal are encrypted using the latest AES encryption (approved by the NSA). ClosingLock also offers optional two-factor authentication for clients logging in, which prevents unauthorized access.
By using ClosingLock, title companies ensure they will never have to send wire instructions via email, and so their clients know to never trust any fraudulent wire instructions.
Location: United States, Texas, Austin
Employees: 1-10
Phone: +1 512-270-3917
Total raised: $16M
Founded date: 2017
Investors 1
| Date | Name | Website |
| - | LiveOak | liveoak.vc |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 08.02.2024 | Series A | $12M | - |
| 16.08.2022 | Seed | $4M | - |
Mentions in press and media 12
| Date | Title | Description |
| 08.02.2024 | Closinglock Secures $12M in Series A Funding to Build on Its Success Against Real Estate Fraud | AUSTIN, Texas–(BUSINESS WIRE)–February 8, 2024– Closinglock, a leading fintech and fraud prevention technology provider for the real estate industry, proudly announces the successful closure of its $12M Series A funding round. Led by Headli... |
| 08.02.2024 | Closinglock, now with $12M, wants to prevent the 1 in 10 real estate transactions targeted for fraud | Buying a home is a big step, as is handing over a large chunk of cash in order to do it. Depending on the title company, real estate transactions like this are done on paper with a check or through electronic wire transfer. While that is mo... |
| 08.02.2024 | Closinglock Secures $12M Series A Round | AUSTIN, TX, Closinglock, a leading fintech and fraud prevention technology provider for the real estate industry, proudly announces the successful closure of its $12 million Series A funding round. >> Click here for more funding da... |
| 08.02.2024 | Closinglock Raises $12M in Series A Funding | Closinglock, an Austin, TX-based fintech and fraud prevention technology provider, raised $12M in Series A funding. The round was led by Headline with participation from LiveOak Ventures, RWT Horizons and GTMfund. The company intends to use... |
| 21.08.2023 | Closinglock Announces SOC 2 Type II Certification | Closinglock maintains the highest security standards for protecting against wire and identity fraud in real estate transactions AUSTIN, Texas–(BUSINESS WIRE)–August 21, 2023– Closinglock, a leading provider of fintech and fraud prevention s... |
| 25.07.2023 | Closinglock Announces New Payment Solution Powered by J.P. Morgan | Closinglock’s new payment solution solves real estate wire fraud and creates faster payments for its customer base AUSTIN, Texas–(BUSINESS WIRE)–July 25, 2023– Closinglock, a leading provider of wire fraud prevention and fintech solutions f... |
| 17.08.2022 | Closinglock Lands $4 Million in Funding | Closinglock, an Austin-based proptech and fintech startup, has closed a $4 million seed round. |
| 16.08.2022 | Closinglock Raises $4M in Seed Funding | Closinglock, an Austin, TX-based proptech & fintech startup focused on modernizing the real estate transaction process, raised $4M in Seed funding. The round was led by LiveOak Venture Partners with participation from RWT Horizons and G... |
| 16.08.2022 | Closinglock Announces $4M in Funding led by LiveOak Venture Partners | ClosingLock, an Austin startup that has developed a secure platform to close real estate transactions, announced Tuesday it has raised $4 million in a seed funding round led by LiveOak Venture Partners with participation from RWT Horizons a... |
| 16.08.2022 | Closinglock closes $4M seed round, led by LiveOak | Closinglock, a proptech and fintech startup working in the real estate transaction field, today announced closing a $4 million seed round led by Texas-based LiveOak Venture Partners, according to a press release. Other participants included... |
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