Snapdocs Raises $150M in Series D Funding
- Snapdocs, a San Francisco, CA-based digital closing platform for the mortgage industry, raised $150m in Series D funding
- The round, which brought total funding to $260m and valuation to over $1.5B, was led by Tiger Global
- The company intends to use the funds to continue to develop the platform and its business reach
- Snapdocs provides a digital infrastructure that connects lenders, settlement services and borrowers together to digitize mortgage closings at scale
- It enables lenders to connect with all parties and technologies involved in a mortgage transaction to complete the entire closing process online
- The solution is comprehensive a networked platform that allows participants in a mortgage closing to work together and close deals
