Flueid, an Austin, TX-based VOT™ (Verification of Title) company for residential real estate transactions, raised $8.3M in growth funding.
The round was led by LiveOak Ventures, with participation from Detroit Venture Partners, alongside existing investors Aquiline and Commerce Ventures.
The company intends to use the funds to accelerate product development, drive business growth, and expand its go-to-market strategy for its VOT solutions suite.
Led by CEO Peter Bowman, Flueid Flueid offers a comprehensive suite of technologies that make it faster and easier to uncover the condition of title and associated risks in residential real estate transactions. The company’s VOT products help title agents and underwriters expedite the traditional title search and examination process while automating title insurance underwriting. For mortgage lenders, servicers, and real estate professionals, Flueid’s VOT tools provide an upfront TitleCheck® as a trusted verification of the property’s title status while identifying any existing title issues that could impact a transaction’s complexity or timeline. This enhances transparency and certainty between title and non-title parties while improving the consumer experience.
FinSMEs
31/10/2024