Qualia Raises $65M in Series D; Acquires Adeptive Software
Summary
The round, which increased its total funding to $160m and valued the company at over $1 billion, was led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures. Over this time, Adeptive has built enterprise-class software used by large underwriters, title, and escrow companies, complete with a host of integrations with service partners. By coming together, Qualia and Adeptive will further accelerate real estate’s digital transformation. Led by Nate Baker, co-founder and CEO, Qualia provides a digital closing platform for the real estate and mortgage industry. Since launching in 2015, over half a million real estate professionals have used Qualia for their clients.
Funding
Amount
$65.0M
Total raised
Date
December 21, 2020
Announcement date
Investors
-
Lead investors
Company
http://www.qualia.com
Funded company
Classifications
industries
Fintech & Banking
applications
Collaboration & Communication
AskAI Classifications
Labels
SaaS
Real Estate Software
Workflow Automation
Linked Companies
Qualia
$10M to $25M