About JetClosing
JetClosing is a company based in Seattle (United States) founded in 2016. It operates as a B2B. JetClosing has raised $44.75 million across 6 funding rounds from investors including T. Rowe Price, Pioneer Square Labs and Trilogy Equity Partners. The company has 75 employees as of December 31, 2022. JetClosing operates in a competitive market with competitors including Qualia, Snapdocs, Spruce, Doma and TitleSuit, among others.
- Headquarter Seattle, United States
- Employees 75 as on 31 Dec, 2022
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Jetclosing, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$44.75 M (USD)
in 6 rounds
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Latest Funding Round
$11 M (USD), Series B
Mar 12, 2021
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Investors
T. Rowe Price
& 4 more
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Employee Count
75
as on Dec 31, 2022
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Funding Insights of JetClosing
JetClosing has successfully raised a total of $44.75M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in March 2021. 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 Total Funding
- Total Rounds 6
- Last Round Series B — $11.0M
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First Round
First Round
(30 Nov 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series B - JetClosing | Valuation | T. Rowe Price , Pioneer Square Labs |
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| Jul, 2020 | Amount | Series B - JetClosing | Valuation | T. Rowe Price | |
| Jun, 2018 | Amount | Series A - JetClosing | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in JetClosing
JetClosing has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include T. Rowe Price, Pioneer Square Labs and Trilogy Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are incubated and funded across diverse sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital is invested in US technology sectors.
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by JetClosing
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - JetClosing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jetclosing Comparisons
Competitors of JetClosing
JetClosing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qualia, Snapdocs, Spruce, Doma and TitleSuit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Qualia is recognized as a leading digital real estate closing platform.
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| domain | founded_year | HQ Location |
SaaS title settlement solutions are delivered to real estate professionals.
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| domain | founded_year | HQ Location |
Spruce is engaged in providing real estate closing services.
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| domain | founded_year | HQ Location |
Title settlement solutions are delivered to real estate professionals.
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| domain | founded_year | HQ Location |
Offers SaaS-driven software for real estate title settlement processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jetclosing
Frequently Asked Questions about JetClosing
When was JetClosing founded?
JetClosing was founded in 2016.
Where is JetClosing located?
JetClosing is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is JetClosing a funded company?
JetClosing is a funded company, having raised a total of $44.75M across 6 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Nov 30, 2016.
How many employees does JetClosing have?
As of Dec 31, 2022, the latest employee count at JetClosing is 75.
What does JetClosing do?
JetClosing, based in Seattle, focuses on involved in property dealings, technology solutions, title management, and cloud-based services. Offers a cloud-based title management solution for real estate transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of JetClosing?
Who are JetClosing's investors?
JetClosing has 5 investors. Key investors include T. Rowe Price, Pioneer Square Labs, Trilogy Equity Partners, Maveron, and Imagen Capital Partners.
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