Flueid, an Austin, TX-based real estate technology company, raised $20M in Series B funding.
The Series B round was led by Aquiline Technology Growth (ATG) with participation form Commerce Ventures and a relationship extension with Silicon Valley Bank.
The company intends to use the funds to accelerate growth, and scale products to support all housing market demands, particularly home equity and loss mitigation strategies in today’s market conditions.
Led by CEO Peter Bowman and President Peter Richter, Flueid uncovers data and embeds it into core operating systems of point-of-sale (POS) platforms, lender operating systems (LOS), title production systems (TPS), servicing platforms and marketplaces to accelerate decision-making across market segments in the real estate journey.
The company’s main product, Flueid Decision, was built on a security-first architecture and provides the data and insights needed to clear a real estate transaction for closing at the start of a user’s process. Flueid has been adopted by multiple Fortune 500 companies, including top lenders, real estate brokerages, real estate marketplaces, lending and title platform providers, title agents and title underwriters and servicing platforms to power workflow decisions.
FinSMEs
11/10/2022