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Doma
Architecting the future of real estate transactions
- 1001+ employees
- B2B
- Real Estate
- Machine Learning
- SoMa, San Francisco, CA
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Company mission
To remove the friction and frustration from real estate transactions.
Our take
Closing real estate deals is a process fraught with delays and complications. To date, however, the real estate market has been slow to take advantage of the kind of tech innovations that have transformed finance and retail. Doma is one of an increasing number of startups looking to make a change. Previously known as States Title, Doma’s machine learning technology is designed to make every aspect of closing and escrow quick and simple.
Doma is delivering on its ambition, too. Its technology can reportedly shrink title processing time from five days to one minute, and mortgage processing from fifty days to fewer than seven. This game-changing efficiency continues to win the company some of the country’s largest mortgage lenders as clients, giving Doma strong ballast going forward to expand into new areas like home warranties and appraisals.
The company went public in 2021, and whilst it was a deal valued at $3B, Doma has since seen a significant decline in its valuation. Nonetheless, it is making active efforts to move forward, recently announcing a home equity financing offering built for lenders.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- We offer generous paid time off and family leave, as well as flexible working options for many roles
- We offer multiple coverage options so you can find the right fit for your health care, vision, dental, 401K, life insurance, and AD&D plans
- We fully support the career development of our team and provide access to development opportunities at all levels
Company values
- Customer Obsessed - We always put our customers first
- Solution Driven - We solve problems other people are afraid to
- People Leaders - We grow all of our people into leaders
- One Team - We believe inclusion and teamwork produce the best results
- Direct with Respect - We communicate with honesty and respect to our colleagues, customers, and partners
Funding (last 2 of 5 rounds)
May 2020
$123m
SERIES C
Jun 2019
$25m
SERIES B
Total funding: $178.2m
This company has top investors
Leadership
Max Simkoff
(CEO)They co-founded InvestRX and Saas company Evolv. They currently sit on the board of JVS.