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Firstclose Plans To Accelerate Growth With $35 Million Investment From Lateral

May 17, 2022over 3 years ago

Amount Raised

$35 Million

Austin

Description

FirstClose, Inc., a leading fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, has closed a $35 million investment from growth equity firm Lateral Investment Management to accelerate its product and growth strategies.

Company Information

Company

First Close

Location

Austin, Texas, United States

About

Founded in 2000 and headquartered in Austin, Texas, FirstClose provides technology solutions to HELOC and mortgage lenders nationwide. The company’s mission is to increase profitability and reduce cost for mortgage lenders. FirstClose makes this possible through offering systems and relationships that enable lenders to more effectively assist the lender’s borrowers, reduce closing costs, and ultimately shorten closing times. For more information, visit https://firstclose.com/.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech