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Qualia Raises $65M, Acquires Software Company


Qualia, a real estate startup that provides digital title and closing services, announced this week that it has raised $65 million in a new funding round, as well as acquired a title and escrow software company.
The new cash is part of a Series D funding round, and it brings Qualia’s total fundraising haul over five years to $160 million. According to a company statement, Qualia is now valued at more than $1 billion giving it coveted “unicorn” status, which refers to a startup worth at least 10 figures.
Qualia was founded five years ago and has since set about modernizing real estate transactions and creating an Amazon-like homebuying experience. The firm provides digital title services, and in early 2019 started facilitating all-digital closings. ....

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Qualia raises $65M, becomes a unicorn fintech

Qualia raises $65M, becomes a unicorn fintech
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Qualia Raises $65M in Series D; Acquires Adeptive Software


Qualia, a San Francisco, CA-based digital real estate closing technology company, raised $65m in Series D financing.
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.
Additionally, Qualia acquired Adeptive Software, the developer of ResWare, a complementary title and escrow production software provider. 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. ....

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