Full-Time
Posted on 9/11/2025
Fraud prevention platform for real estate
No salary listed
Austin, TX, USA
In Person
ClosingLock provides a fraud-prevention platform for real estate, offering a secure portal to transfer information and funds and reduce wire fraud for buyers, sellers, lenders, and closing companies. It uses identity verification to prevent seller impersonation and payoff verification within a secure portal to confirm parties and correct payoffs before funds move. It focuses on the real estate closing process with built-in identity and payoff checks in a secure platform, aiming to reduce wire fraud across all parties rather than generic tools. Its goal is to prevent financial losses from fraudulent activity in property transactions and modernize closings for safer, faster transactions.
Company Size
51-200
Company Stage
Series B
Total Funding
$50M
Headquarters
Austin, Texas
Founded
2017
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Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
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Maternity/paternity leave
Press releases. For Immediate Release ALTA renews Closinglock as Elite Provider for 2026. Washington, D.C., March 5, 2026 - The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced it has renewed Closinglock as an ALTA Elite Provider for 2026. ALTA's Elite Provider Program features distinguished service providers committed to furnishing extensive benefits to the title insurance and settlement services industry. Elite Providers promote the highest industry standards and provide effective solutions for ALTA members' critical needs. "The ALTA Elite Provider Program recognizes service providers that demonstrate a strong commitment to supporting the title insurance industry and the professionals who serve consumers every day," ALTA CEO Chris Morton said. "Elite Providers like Closinglock deliver reliable solutions, uphold high industry standards and help ALTA members operate more efficiently in a complex and evolving marketplace." Closinglock is building infrastructure to move money for real estate transactions - bringing wires, checks and email-based verification into one platform. Title professionals can use Closinglock to move funds, verify identities and manage critical steps in the closing process within a single platform backed by up to $5 million in insurance. More than 1 million home sales have been supported through the platform, with over $3 billion in payments protected with zero losses. "We're proud to continue our partnership with ALTA and the title professionals who keep real estate moving," said Andy White, founder and CEO of Closinglock. "Money movement is one of the most important parts of a closing, and it carries real responsibility. Together with ALTA, we're helping strengthen how funds move by giving title teams a secure, modern system built for today's risk environment." Closinglock offers ALTA members 50% off implementation. About ALTA The American Land Title Association, founded in 1907, represents an industry comprised of more than 17,000 title insurance companies operating across the nation, with over 90% being small businesses.
Closinglock has launched a free tool for its customers to automate FinCEN data collection, reducing manual work from 2-3 hours to minutes per file.
Closinglock has acquired a payoff retrieval solution from Viking Sasquatch, adding automated and insured payoff ordering to its platform for secure digital payments and wire fraud prevention in real estate transactions.
Closinglock has introduced a two-way text messaging tool for the title insurance industry, allowing closing professionals to send and receive SMS messages with clients and partners from within the company's platform.
Closinglock, the leading fintech and fraud prevention technology provider for the real estate industry, today announced it has closed a $34 million Se