Flueid secures Series A

Flueid , an Austin-based company delivering real estate closing automation solutions to the title insurance, real estate and mortgage lending industries, closed a Series A funding round led by existing investor Aquiline Technology Growth (ATG) with additional participation from Commerce Ventures.

The company provides strategic technology and business solutions that focus on eliminating outdated and costly inefficiencies found throughout real estate and mortgage lending transactions. Its solution for mortgage lenders and servicers delivers an underwriter-backed title clearance decision, accelerating the ability of these institutions to pinpoint loans within their portfolio or at point-of-sale, which can be immediately pursued. The solution also provides turn times for title work, allowing mortgage lenders to streamline their pipeline of loans by understanding the level of work and expertise necessary during the loan underwriting process.