Seattle Startup JetClosing to Shut Down on June 15 After Six Years Digitizing Home Closing Process
JetClosing, a Seattle startup founded in 2016 to digitize the home closing process using technology, is shutting down on June 15, 2022. The company struggled amid a cooling housing market and strong competition despite offering faster, cheaper, and more transparent services.
JetClosing raises $8.5M Series B led by T. Rowe Price amid pandemic-driven surge in digital home closings
Seattle-based JetClosing raised $8.5 million in a Series B led by funds advised by T. Rowe Price as demand for its digital title and escrow closing service surges during the COVID-19 pandemic. The company reported order activity up 124% from April to July, says digital notary adoption has accelerated, and total funding is now $35 million.
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JetClosing CEO · current
