San Francisco based real estate software platform Qualia raises a $33m Series B led by Menlo Ventures.
Qualia addresses the lack of technology in the $40B home closing industry by bringing everyone involved in the transaction – lenders, realtors, title agents, home buyers and sellers – onto one shared, secure platform to work in tandem, simplify tasks, and document progress in real time. This new degree of coordination and real-time communication opens up new avenues to improve client experiences for the nation’s estimated sixteen thousand lenders and two million real estate agents. The company also claims to increase understanding, visibility and efficiency throughout the process for everyone, particularly first-time homebuyers.