Closinglock, an Austin, Texas-based fintech and fraud prevention technology provider for the real estate industry, has raised $34 million in Series B funding. 

Investors 

The round was led by Sageview Capital, with support from Headline and RWT Horizons. 

Sageview Capital is a private investment firm focused on partnering with industry-defining innovators to build enduring software and tech-enabled businesses. With over $2.0 billion in assets under management, the firm invests for the long term and has guided many of its portfolio companies to IPOs or acquisitions—and beyond. 

Closinglock Use of Funds 

The funding will help expand Closinglock’s tools, including its Good Funds Payments tool and enhanced fraud prevention features. This investment will further the company’s mission to secure U.S. real estate transactions. 

About Closinglock 

Closinglock provides fraud prevention software for th real estate, modernizing transactions through its secure platform. The platform allows settlement companies to exchange wire instructions, receive earnest money and cash-to-close payments, validate payoff accounts, verify identities, share documents, and collect eSignatures. Closinglock was founded in 2017 and is based in Austin, TX. 

Funding Details 

Company: Closinglock, Inc. 

Raised: $34.0M 

Round: Series B 

Funding Date: January 2025 

Lead Investor: Sageview Capital 

Additional Investors: Headline, RWT Horizons 

Company Website: https://www.closinglock.com/  

Software Category: Fraud Prevention 

Source: https://www.businesswire.com/news/home/20250130096023/en