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August 6, 2020
JetClosing, the digital escrow and title platform, was spun out of Pioneer Square Labs about four years ago. Now the startup has secured $9 million in Series B funding, it recently announced. The firm now has about $35 million raised. The new financing came from T. Rowe Price-advised funds, Pioneer Square Labs and Trilogy Equity Partners (which was also an original investor). CEO Dan Greenshields founded the cloud-based home closing service, and said in a statement, “In light of the current economy, this funding demonstrates unequivocally that there is a real market need for a digital workflow to facilitate home closings for resale and refinancing transactions. Pandemic or not, consumers expect a technology-first closing process that's catered to their fast-paced, on-demand, and mobile lifestyles.” The company's services are now available in our state, Arizona, Colorado, Florida, Nevada, Pennsylvania and Texas.