# JetClosing

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jetclosing

- Industry: Software
- Headquarters: Seattle, US
- Website: www.jetclosing.com
- Total disclosed funding: $62M
- Latest round: Series B (Feb 25, 2021)
- Investors on record: 5

## About

JetClosing, Inc. offers innovative technology-driven closing services tailored to the real estate industry, streamlining property transactions for buyers, sellers, and agents across the United States.Founded in 2016 and headquartered in Seattle, US, JetClosing, Inc. specializes in closing services for the real estate market. The company has executed 6 deals, with the most recent funding round completed on February 25, 2021, when it raised USD 11.04 mn in a SERIES B round led by Pioneer Square Labs, T. Rowe Price, and Trilogy International Partners. CEO Anna Collins has been instrumental in guiding the company's growth since its inception.JetClosing specializes in providing a comprehensive suite of closing services tailored for the real estate market, primarily focusing on simplifying the property transaction process. Their core offerings include technology-driven solutions that facilitate seamless closings, ensuring that buyers, sellers, and real estate agents can complete transactions efficiently. The company's services address common pain points in real estate transactions, such as document management, communication between parties, and compliance with local regulations. JetClosing primarily serves customers in the residential real estate sector, catering to homebuyers, sellers, and real estate professionals across major urban areas throughout the United States.JetClosing's revenue model is predominantly structured around B2B transactions, partnering with real estate agents and brokers to deliver its closing services. The company typically charges fixed fees for closing services, which may vary based on transaction complexity and specific services rendered. Clients engage with JetClosing through partnerships that facilitate smooth property transactions, with pricing reflecting the value of the services provided. The company leverages its proprietary technology to enhance operational efficiency and client satisfaction, prominently featuring its digital closing platform.Following the SERIES B funding round on February 25, 2021, JetClosing, Inc. plans to use the USD 11.04 mn raised to enhance marketing efforts and invest in operations and technology. This funding will support the development of a seamless customer experience aimed at assisting real estate agents, sellers, and buyers in closing transactions securely and conveniently from any location. The company is also exploring opportunities to expand its services into new geographical regions to capture a broader market share.

## Funding rounds

- Series B, Feb 25, 2021, $11M — T Rowe Price, Trilogy International Partners, Pioneer Square Labs
- Series B, Jul 30, 2020, $9M — T Rowe Price, Trilogy International Partners, Pioneer Square Labs
- Series A, Jun 8, 2018, $20M — T Rowe Price, Maveron, Trilogy International Partners, Imagen Capital Partners, Pioneer Square Labs
- Seed, Nov 15, 2016, $2.3M — Maveron, Trilogy International Partners
- Series A, Jun 8, 2016, $20M — T Rowe Price, Maveron, Trilogy International Partners, Imagen Capital Partners, Pioneer Square Labs

## Investors

- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series A, Series B
- Maveron (https://capitalatlas.ai/funds/maveron) — Series A, Seed
- Trilogy International Partners (https://capitalatlas.ai/funds/trilogy-international-partners) — Series A, Seed, Series B
- Imagen Capital Partners (https://capitalatlas.ai/funds/imagen-capital-partners) — Series A
- Pioneer Square Labs (https://capitalatlas.ai/funds/pioneer-square-labs) — Series A, Series B