A San Francisco startup that’s digitizing mortgage, title and escrow said it raised $123 million — sinking another nail into the coffin of time-consuming and cumbersome real estate closings. The funding round brings States Title Inc. valuation to $623 million, according to Bloomberg. The round was led by Greenspring Associates, with participation from Foundation Capital and FifthWall Ventures. Greenspring’s Jim Lim said that stay-at-home orders meant to curb the coronavirus pandemic have “highlighted the fact
source https://therealdeal.com/2020/05/21/states-title-raises-123m-to-digitize-title-mortgage-and-escrow/
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