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California based digital title and escrow platform for real estate agents, buyers, and sellers raised $40m in funding from First American Financial Corporation.
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In recent years, investors have backed other startups aiming to streamline the antiquated closing process. States Title, a four-year-old startup in San Francisco, raised $123 million last year to digitize title, mortgage and escrow services. And Spruce, a New York startup founded in 2016, raised $29 million Series B in May.
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