Snapdocs
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Snapdocs

The #1 e-closing platform for mortgages.

About

Founded

2012

Headquarters

San Francisco, California

Industry

Real Estate

Company Description

Snapdocs is the mortgage industry’s leading digital closing platform. Powering millions of closings each year, Snapdocs combines a fully integrated platform with patented AI technology, an extensive settlement network, and a team of industry experts to serve lenders, secondary market participants, title companies, and notaries alike–all while enabling the perfect closings at scale.

Quick Links

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Funding

Total Raised

$253 million

Valuation

$1.5 billion+

Significant Investors

Sequoia Capital, Lachy Groom, Tiger Global Management, SV Angel, Y Combinator

Company Traction

  • Average efficiencies for Snapdocs eClose customers are $290 saved per loan, four day reduction in dwell time, an 80% reduction in closing errors, and 98% settle opt-in.
  • As of May 2023, Snapdocs helps close more than 20% of all US mortgages.

Leadership Team

  • Aaron King: Co-Founder & CEO of Snapdocs. Former Product Manager at Afar Media.
  • Matthew Schindel: CFO at Snapdocs. Former Head of Corporate Development at Sunrun.
  • Al Ghous: CISO at Snapdocs. Former Chief Security Officer at ServiceMax.

Press

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