About FirstClose
FirstClose is a Financial Services company based in Austin (United States) founded in 2000 by Tedd Smith and Tim Smith. Mortgage settlement solutions and home equity tools are provided. FirstClose has raised $39.7 million across 4 funding rounds from investors including Pac-West Telecomm, Lateral Investment Management and Cypress Growth Capital. FirstClose has completed 1 acquisition, including HomeScout. Its chief executive, as recorded, is Tedd Smith. Its website firstclose.com draws about 11 thousand monthly visits. FirstClose offers products and services including FirstClose Equity, Borrower Portal, and Order Management. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Suite. Its legal entity is FirstClose, Inc. Its competitors include Black Knight, Stavvy and Staircase; 2 of its 3 listed competitors have raised funding.
Company details
Mortgage settlement solutions provider. The company offers EquityIQ which is a home equity lead generation tool and application management system that can be integrated with loan origination software. Offers FirstClose which is a property and borrower data intelligence and settlement solution. Provides a home equity and refi tool that offers features such as loan application, credit score, valuation, title, tax, flood, loan closing recording and loan servicing.
- Headquarters Austin, United States
- Founders Tedd Smith, Tim Smith
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website firstclose.com
- Social LinkedIn X Facebook YouTube
- Legal Name Firstclose, Inc.
- Total Equity Funding$39.7M (USD)
in 4 rounds
- Latest Funding Round$4.7M (USD), Series B
Sep 2025
- InvestorsPac-West Telecomm
& 2 more
- Investments & Acquisitions
Products & Services of FirstClose
FirstClose offers a comprehensive portfolio of products and services, including FirstClose Equity, Borrower Portal, and Order Management.
End-to-end platform for home equity loan applications and processing.
Secure portal for borrowers to track and upload loan documents.
System for managing settlement services in loan transactions.
Apps and channels of FirstClose
its YouTube channel FirstClose One has 42 subscribers and 30 videos.
Videos from FirstClose
The most watched videos on FirstClose's YouTube channel, FirstClose One (42 subscribers). Click a video to play it here.
More on FirstClose One.
Funding Insights of FirstClose
FirstClose has successfully raised a total of $39.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4.7 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $39.7M
- Total Rounds 4
- Last Round Series B — $4.7M
- Investors Count 3
All 4 funding rounds of FirstClose with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | $4.7M | Series B | – | – | – |
| May 2022 | $35M | Series B | – | Lateral Investment Management | – |
| Nov 2019 | Debt – Conventional | – | – | ||
| Sep 2018 | Series A | – | Cypress Growth Capital | – |
3 investors in total: 3 institutional.
Investors in FirstClose
FirstClose has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Pac-West Telecomm, Lateral Investment Management and Cypress Growth Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in founder-led businesses. | lateralim.com | San Mateo, United States | ||
Non-dilutive growth capital is provided by Cypress Growth Capital. | 2010 | cypressgrowthcapital.com | Dallas, United States | |
Traditional and cloud-based telecom infrastructure services are provided. | 1980 | pacwest.com | San Francisco, United States |
Investor details for FirstClose
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of FirstClose
28 people are tracked at FirstClose (14 in leadership, 14 in team).
| Name | Role | Group |
|---|---|---|
Tedd Smith | Co-Founder & CEO | Leadership |
Tim Smith | Co-Founder & CRO | Leadership |
Pat Downing | CTO | Leadership |
Corey Smith | Chief Product Officer | Leadership |
Dan Kellett | Chief Technology Officer | Leadership |
Katie Smith, SHRM-CP | Senior Vice President Of Human Resources | Leadership |
Alex Studenberg | Director Of Provider & Support Operations | Leadership |
Prachi Gadiya | VP, Sales Solution Engineer | Leadership |
Jose Castro | Chief Product Officer | Leadership |
Mikey Gonzáles | Director, Client Implementations | Leadership |
Keaton Leikam | Director of Support | Leadership |
Chaitanya Sagar | Director of Software Engineering | Leadership |
Tracy Farber | Vp, Sales Engineer | Leadership |
John Aslanian | Chief Revenue Officer (cro) | Leadership |
monique azua | Account Manager | Team |
Denis Brevdo | Staff Engineer | Team |
Jan Thomas | Accounting Specialist | Team |
Chuck Bloodgood | Consultant | Team |
Miguel Carranza | QA Automation Engineer | Team |
Karen Eravelly | Senior Manager, Learning & Development | Team |
8 more people are available in the full profile.
Complete people profiles for FirstClose
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Investments & Acquisitions by FirstClose
FirstClose has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HomeScout.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Real estate management solutions are provided by HomeScout. | homescout.com | Minneapolis, United States | 1995 | Apr 2021 | •••• |
Complete acquisition details for FirstClose
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
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Timeline of FirstClose
4 dated milestones of FirstClose across 25 years, from founding to its latest funding, stage changes and deals.
- Founded FirstClose is founded.
- Funding First funding round.
- Acquisition Acquires HomeScout.
- Funding Latest funding round, Series B, of $4.7M.
Competitors of FirstClose
FirstClose has 3 listed competitors in our database, 2 of them funded. They include Black Knight, Stavvy and Staircase.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackknightinc.com | 1962 | Jacksonville, United States | Provider of an AI-based cloud platform offering loan life cycle management solutions to lenders | |||
| stavvy.com | 2017 | Boston, United States | $41.5M | 15 | Digital platform for real estate transactions is provided. | |
| staircase.co | 2012 | New York, United States | $18M | A comprehensive suite for mortgage loan lifecycle management is offered. |
Detailed competitors of FirstClose
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of FirstClose
The website of FirstClose (firstclose.com) receives about 11K visits a month.
- Monthly visits11K
▲ 24.1% vs previous month
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as FirstClose (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Firstclose
Complete news archive for FirstClose
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Frequently Asked Questions about FirstClose
FirstClose was founded in 2000 and raised its 1st funding round 18 years after it was founded.
FirstClose is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Tedd Smith is the CEO of FirstClose, as recorded in our data. They have also founded this company.
FirstClose is a funded company, having raised a total of $39.7M across 4 funding rounds to date.
Mortgage settlement solutions provider. The company offers EquityIQ which is a home equity lead generation tool and application management system that can be integrated with loan origination software. Offers FirstClose which is a property and borrower data intelligence and settlement solution. Provides a home equity and refi tool that offers features such as loan application, credit score, valuation, title, tax, flood, loan closing recording and loan servicing.
FirstClose's top competitors include Stavvy, Black Knight and Staircase.
FirstClose offers FirstClose Equity, Borrower Portal, and Order Management.
FirstClose has made 1 acquisition, including HomeScout.
FirstClose has 3 investors. Key investors include Pac-West Telecomm, Lateral Investment Management, and Cypress Growth Capital.
FirstClose operates through Firstclose, Inc..