Flueid, an Austin, TX-based actual property era corporate, raised $20M in Sequence B investment.
The spherical was once led through Silicon Valley Financial institution, and Aquiline Generation Enlargement (ATG) with participation from Trade Ventures.
The corporate intends to make use of the price range to boost up enlargement, and scale merchandise to toughen all housing marketplace calls for, in particular house fairness and loss mitigation methods in these days’s marketplace stipulations.
Led through CEO Peter Bowman and President Peter Richter, Flueid uncovers knowledge and embeds it into core working programs of point-of-sale (POS) platforms, lender working programs (LOS), identify manufacturing programs (TPS), servicing platforms and marketplaces to boost up decision-making throughout marketplace segments in the true property adventure.
The corporate’s major product, Flueid Resolution, was once constructed on a security-first structure and offers the information and insights had to transparent an actual property transaction for last originally of a person’s procedure. Flueid has been followed through a couple of Fortune 500 firms, together with most sensible lenders, actual property brokerages, actual property marketplaces, lending and identify platform suppliers, identify brokers and identify underwriters and servicing platforms to energy workflow choices.
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