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.
Location: United States, Texas, Austin
Employees: 11-50
Phone: +1 512-270-3917
Total raised: $16M
Founded date: 2017
Funding Rounds 2
Date | Series | Amount | Investors |
08.02.2024 | Series A | $12M | - |
16.08.2022 | Seed | $4M | - |
Mentions in press and media 10
Date | Title | Description | Source |
08.02.2024 | Closinglock Secures $12M in Series A Funding to Build on Its... | AUSTIN, Texas–(BUSINESS WIRE)–February 8, 2024– Closinglock, a leading fintech and fraud prevention ... | venturebea... |
08.02.2024 | Closinglock Raises $12M in Series A Funding | Closinglock, an Austin, TX-based fintech and fraud prevention technology provider, raised $12M in Se... | finsmes.co... |
21.08.2023 | Closinglock Announces SOC 2 Type II Certification | Closinglock maintains the highest security standards for protecting against wire and identity fraud ... | venturebea... |
25.07.2023 | Closinglock Announces New Payment Solution Powered by J.P. M... | Closinglock’s new payment solution solves real estate wire fraud and creates faster payments for its... | venturebea... |
17.08.2022 | Closinglock Lands $4 Million in Funding | Closinglock, an Austin-based proptech and fintech startup, has closed a $4 million seed round. | siliconhil... |
16.08.2022 | Closinglock Raises $4M in Seed Funding | Closinglock, an Austin, TX-based proptech & fintech startup focused on modernizing the real esta... | finsmes.co... |
16.08.2022 | Closinglock Announces $4M in Funding led by LiveOak Venture ... | ClosingLock, an Austin startup that has developed a secure platform to close real estate transaction... | liveoakvp.... |
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 anno... | finledger.... |
27.01.2022 | Propy launches NFT platform in the US, allowing real-world p... | Last year we covered how early blockchain startup Propy planned to use the technology to smooth real... | techcrunch... |
- | Closinglock: Fintech And Fraud Prevention Company Closes $12... | Closinglock (a leading fintech and fraud prevention technology provider for the real estate industry... | pulse2.com... |