# Closinglock

> Closinglock is an Austin-based fintech that helps title companies, real estate attorneys, and agents prevent wire fraud and modernize the closing process. Its platform moves wire instructions, payments, identity verification, document signing, and payoff retrieval out of insecure email and into a single secure portal. Founded in 2017 after a co-founder watched a client nearly lose their life savings to a phishing scam, Closinglock says it has protected more than 1 million home sales worth over $500 billion and raised $34M in Series B funding in January 2025.

- **Founded:** 2017
- **Headquarters:** Austin, Texas, United States
- **Founders:** Andy White (Co-Founder & CEO), Abigail White (Co-Founder)
- **Team size:** ~90 employees
- **Products:** Secure Wire Instructions, SecurePay / Good Funds Digital Payments, Identity Verification, Automated Payoff Retrieval & Verification, Document Management & eSigning
- **Notable:** Protected more than 1 million home sales worth over $500 billion, Facilitated over $600 million in secure Good Funds payments, Trusted by 400+ title companies and law firms

## Products & services

- **Secure Wire Instructions** — Delivers wire instructions through a secure portal instead of email, so buyers and sellers can trust the account details they receive.
- **SecurePay / Good Funds Digital Payments** — Lets settlement companies collect earnest money and cash-to-close payments digitally, with over $600M in secure payments facilitated.
- **Identity Verification** — ALTA-aligned identity checks including selfie and foreign ID analysis to confirm the parties in a transaction are who they claim to be.
- **Automated Payoff Retrieval & Verification** — Automates ordering and verification of loan payoff statements and validates payoff account details.
- **Document Management & eSigning** — Secure document sharing and electronic signatures within the same closing portal.
- **Two-Way Text Messaging** — Secure, trackable communication between settlement staff and transaction parties.
- **FinCEN Compliance Workflows** — Tools to help title firms meet FinCEN residential real estate reporting requirements.
- **Bank Account Validation** — Verifies bank account ownership and details to prevent misdirected funds.

## Achievements

- Protected more than 1 million home sales worth over $500 billion
- Facilitated over $600 million in secure Good Funds payments
- Trusted by 400+ title companies and law firms
- Raised $34M Series B in January 2025 led by Sageview Capital
- Reported near 25x growth over three years with ~90% customer satisfaction

## Latest updates

- **2025-01** — Closed $34M Series B led by Sageview Capital to power and protect real estate transactions.
- **2025** — Added automated payoff retrieval/verification and FinCEN compliance workflows.
- **2024-02** — Raised $12M Series A led by Headline and launched SecurePay digital payments.

## Links

- Website: https://closinglock.com
- LinkedIn: https://www.linkedin.com/company/closinglock
- Twitter/X: https://twitter.com/ClosingLock
- Facebook: https://facebook.com/Closinglock

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Profile page: https://yespress.io/closinglock
Published by YesPress — https://yespress.io
Last updated: 2026-07-21