Real Estate Closing Startup Qualia Grabs $55M

Qualia, a technology startup that aims to simplify the real estate closing process, has announced $55 million in Series C financing led by Tiger Global. So reports CrunchBase.

The San Francisco-based company, which now boasts total funding of $95 million, said it would use the money to speed up growth and build partnerships.

“The workflow for most residential real estate transactions remains antiquated and opaque,” said Tiger Global partner Scott Shleifer. “Qualia has created a modern system of record, communication and action for title insurance agents and mortgage originators and we believe their software platform materially improves productivity and reduces costs.”

Read the full article from CrunchBase.

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