Appellation & Escrow Aggregation is Digitizing Transaction Acquaintance for Millions of Prospective Buyers
SEATTLE–(BUSINESS WIRE)–June 8, 2018–
JetClosing (JetClosing.com), the baton in agenda absolute acreage appellation and adjustment transactions, appear today that it has bankrupt a $20M Series A annular led by funds and accounts brash by T. Rowe Price Associates, Inc. and with accord from PSL Ventures, Imagen Capital Partners and absolute investors Trilogy Equity Partners and Maveron. The new bang of funds will be acclimated to aggrandize to residential absolute acreage markets above the United States. The activating and affordable technology is currently accessible to realtors and buyers in Seattle-Tacoma, Las Vegas, Denver and Phoenix markets.
The dream of bound accepting home affairs is a absoluteness with JetClosing’s artefact and annual offering. The agenda acquaintance shortens the closing cycle, institutes a $500 collapsed closing fee behindhand of home amount and can affair abettor gain and abettor commissions aural 60 annual of closing a transaction.
“JetClosing has helped hundreds of allowance companies, agents and buyers acquaintance a hassle-free and adorable closing experience. We’re abnormally captivated to accept T. Rowe Price advice us attend in a new appearance of growth,” said co-founder and Chief Executive Officer Daniel Greenshields. “Their advance is a attestation to the present blemish of the appellation and escrow acquaintance and aplomb in JetClosing alteration the action in which we win at home buying.”
Through the iOS and Android app experience, agents are now able to personalize their acquaintance to added reflect how they like to assignment while buyers accept real-time notifications to clue the advance of the close. Last year, the aggregation alien the aboriginal anytime acreage appellation scoring system, JetScore™. JetScore™ is affected based on accessible and user-submitted data, demography into annual the type, nature, and severity of appellation alleviative issues.
“JetClosing is aition the residential absolute acreage bazaar with agenda appellation and adjustment casework that accomplish closing affairs simpler, added efficient, and added affordable,” said Henry Ellenbogen, portfolio administrator of T. Rowe Price New Horizons Fund. “The close is in its aboriginal date of growth, and we accept it can be a abundant above aggregation as it expands its artefact apartment and geographic footprint.”
Founded in 2016, JetClosing (jetclosing.com) is the baton in agenda appellation and adjustment transactions. The aggregation guides buyers and sellers through a seamless, high-touch, able closing experience. The aggregation was founded at Pioneer Square Labs, is headquartered in Seattle, and has accessory offices in Denver and Phoenix. Accessible on iOS and Android. For added advice appointment www.jetclosing.com.
About T. Rowe Price
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a all-around advance administration alignment with $1.02 abundance in assets beneath administration as of April 30, 2018. The alignment provides a ample arrangement of alternate funds, subadvisory services, and abstracted annual administration for alone and institutional investors, retirement plans, and banking intermediaries. The aggregation additionally offers adult advance planning and advice tools. T. Rowe Price’s disciplined, risk-aware advance access focuses on diversification, appearance consistency, and axiological research.
PSL Ventures is an early-stage Seattle-based startup flat and adventure close that finances, creates and launches invests in technology startups, primarily based in the Pacific Northwest. PSL Ventures is allotment of Pioneer Square Labs, which additionally operates a startup flat to actualize and barrage new companies. For added information, visit www.psl.com.
About Trilogy Equity Partners
Formed in 2006, Trilogy Equity Partners (trilogyequity.com) is an aboriginal date adventure close based in Bellevue, Washington that is led by above entrepreneurs and operators. The firm’s roots accommodate the accumulation and administration of some of the better adaptable operators in the United States as able-bodied as added all-around technology and wireless companies. Trilogy takes a hands-on access to investing, with a carefully captivated beloved armamentarium that aligns investments with the cold of architecture abundant companies over time.
About Imagen Capital Partners
Imagen Capital Partners (www.imagencap.com) is a Seattle-based, seed and early-stage adventure firm focused on investments in software/SaaS, abstracts and technology-enabled concerns. Led by above technology operators, the close seeks to actualize collaborative relationships with entrepreneurs above the advance action to innovate, claiming and transform the dynamics of new and absolute markets. Imagen supports early-stage companies through investments starting at $500,000.
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