What is FirstClose?
FirstClose offers a best-in-class property and borrower data intelligence platform, specializing in delivering a comprehensive SaaS solution and LOS plugin. This integrated platform serves as the industry's first and only home equity and refi tool, encompassing the entire process from application to servicing. It provides critical functionalities such as credit score assessment, valuation, title, tax, flood, and closing services, all accessible through a single, user-friendly interface. Furthermore, FirstClose streamlines vendor management by consolidating various vendors and products onto its unified platform, enabling lenders to identify and capitalize on opportunities to maximize profits.
How much funding has FirstClose raised?
FirstClose has raised a total of $40M across 3 funding rounds:
Debt
$350K
Private Equity
$35M
Private Equity
$4.7M
Debt (2020): $350K with participation from PPP
Private Equity (2022): $35M led by Lateral Investment Management
Private Equity (2025): $4.7M, investors not publicly disclosed
Key Investors in FirstClose
Lateral Investment Management
Lateral Investment Management is a private investment firm focused on enabling transformational growth in middle-market businesses through customized private equity financing solutions. They partner with high-growth companies at an inflection point, providing capital and strategic support for scaling.
What's next for FirstClose?
With a substantial enterprise-level funding injection, FirstClose is strategically positioned for accelerated growth and market penetration. The recent major strategic investment signals strong confidence from backers in the company's innovative approach to property data intelligence and settlement services. This capital infusion is anticipated to drive the enhancement of its SaaS platform, expand its service offerings, and potentially explore new market segments. The company's focus on simplifying complex processes for lenders and maximizing profit opportunities suggests a continued emphasis on technological advancement and customer-centric solutions.
See full FirstClose company page
