Flueid provides a verification of title (VOT) platform that automates title risk assessment and property title condition analysis for residential real estate transactions. By integrating key title data and analytics into decision-making workflows, Flueid enhances efficiency and reduces delays in the closing process.
Funding
$48.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LVFounders
Product
Problem
Residential real estate transactions are often slowed down by inefficient title risk assessment and property title condition analysis. Traditional processes involve data silos between title and closing, leading to delays and a fragmented consumer experience. This can result in increased costs and potential deal fall-throughs.
Solution
Flueid offers a verification of title (VOT) platform that streamlines residential real estate transactions by automating title risk assessment and property title condition analysis. The platform integrates key title data and analytics into decision-making workflows, providing a comprehensive view of title health. By eliminating silos and providing instant awareness of title conditions, Flueid enables lenders, servicers, title agents, and real estate professionals to expedite the closing process. The platform's API allows for seamless integration with existing core operating systems, providing customized insights and alerts about potential title issues.
Target Audience
Flueid's primary customers include mortgage lenders, title agents, servicers, loss mitigation consultants, and real estate professionals involved in residential real estate transactions.
Features
- TitleCheck: A verification step at loan application to identify potential title issues early in the transaction.
- Title Decision: Delivers title clearance decisions based on unique underwriting guidelines.
- Loss Mitigation Analysis: Assesses the viability of loss mitigation strategies based on current market conditions.
- Flueid API: Enables secure integration with standard platforms to access multiple VOT products.
- Flueid Pro: An online application for direct access to VOT products through a Fueled by Flueid™ title partner.
- Real-time updates and progress tracking for all orders.
- Bank-grade security with a zero-trust architecture and token-based API integrations.