FirstClose Revenue and Competitors

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Austin, TX USA

Location

#3688

Growjo Ranking

Fintech

Industry

Estimated Revenue & Valuation

  • FirstClose's estimated annual revenue is currently $4.1M per year.(i)
  • FirstClose received $Undisclosed in venture funding in September 2018.
  • FirstClose's estimated revenue per employee is $98,800
  • FirstClose's total funding is $34.7B.

Employee Data

  • FirstClose has 42 Employees.(i)
  • FirstClose grew their employee count by 20% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$4.1M3944%N/AN/A
#2
$13.8M0N/A$19.5MN/A
#3
$3.5M353%$400MN/A
#4
$178.4M1254N/AN/AN/A
#5
$4.5M46-2%$10MN/A
#6
$20.4M143-3%N/AN/A
#7
$25.3M1778%N/AN/A
#8
$7.2M64-27%$28.8MN/A
#9
$64.7M0N/A$385.2MN/A
#10
$23.3M16327%N/AN/A

Founded in 2000 and headquartered in Austin, Texas, FirstClose provides technology solutions to mortgage lenders nationwide and serves as a middleware application that provides access to a host of national and local real estate service providers via the web or through direct integration into various loan origination systems. The FirstClose reporting suite is the first, comprehensive solution with capabilities to deliver title, flood, valuation and other important data elements in one report. By utilizing the latest technology, combined with aggregated volume from its national client base, FirstClose is able to offer customized solutions which increase efficiencies, reduce costs, and ultimately help lenders close more loans. FirstClose services over 250 Banks and Credit Unions while processing hundreds of thousands of transactions per year. Products: FirstClose Report: The FirstClose Report is the first and only comprehensive home equity and refi tool to provide everything consumer lenders need to close on home equity, HELOC and refi loans more quickly and at a better price. Credit, valuation, flood, tax and title data is compiled into one easy-to-read report and returned within 30 seconds. FirstClose offers a proprietary, patent-pending software platform designed to deliver lenders end-to-end solutions from loan application to closing. FirstLook Report: The FirstLook Report is the first and only comprehensive pre-qualification tool to provide everything mortgage lenders need to make an instant decision on a borrower's complete credit worthiness. Credit, valuation, flood, tax and title data is compiled into one easy-to-read report and returned within 30 seconds. Once pre-qualified, lenders have the ability to add their own title companies, appraisers, appraisal management companies, and other settlement providers at the click of a button with options to pass data and reports back into their loan origination system when available.

keywords:Banking,Finance

$34.7B

Total Funding

42

Number of Employees

$4.1M

Revenue (est)

20%

Employee Growth %

N/A

Valuation

N/A

Accelerator

FirstClose News

2022-04-20 - RET Ventures conducts first close for ESG-focused fund

RET Ventures conducts first close for ESG-focused fund. April 25, 2022. Share: RET Ventures has collected $10 million from UDR and Essex Property Trust for...

2022-04-17 - Cycle Capital and Demeter announce first close for new Circular ...

Consecutive to the first close, CIF announces indirect investment in two early-stage funds focused on circular innovation – U.S.-based Closed...

2022-04-17 - Tofino Capital reaches first close of $10M fund to back startups in frontier markets

It is announcing the first close of this fund at $5 million and hopes to achieve a final close nine months from now.

2021-04-20 - U.S. Fintech FirstClose Announces Acquisition of HomeScout

U.S.-based fintech FirstClose announced on Tuesday it has acquired HomeScout, a real estate technology provider. According to FirstClose, HomeScout will bring together various services to the mortgage and title industries, including purchase and portfolio business solutions, lead generation, le ...

2020-04-08 - Mortgage Tech Demo Day: FirstClose

FirstClose ONE FirstClose One is FirstClose’s home equity and refi tool that offers everything from consumer application to closing on one easy-to-navigate platform. Product Fast Facts #1 EquityIQ– the first and only white-labeled application featuring instant decisioning that creates an exc ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$8.4M42-36%N/A
#2
$7.5M4227%N/A
#3
$4.9M42N/AN/A
#4
$5.4M42N/AN/A
#5
$4.9M42N/AN/A

FirstClose Funding

DateAmountRoundLead InvestorsReference
2018-09-12$Undisclosed2.0Cypress Growth CapitalArticle