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Snapdocs raises $25 million to streamline mortgages with AI

San Francisco based real estate tech company has raised a $25m Series B led by F-Prime with participation from Sequoia . Snapdocs has more than 50,000 customers and over 750,000 mortgage closings annually, amounting to $150 billion in transactions.

“This is a huge [achievement] for the Snapdocs team and toward delivering on our promise of a seamless digital real estate closing,” said CEO Aaron King, who founded Snapdocs in 2013. “We do this for [our customers], and this capital enables us to continue to scale our world-class team so we can build the technology you need to thrive in a digital age.”

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real estate tech