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FirstClose

FirstClose

Private
Austin, TexasFinTechhttps://www.firstclose.com/

Last Round

Series A

Extension

Oct 17, 2025

Total Funding Raised

$39.7M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

FirstClose is a fintech company that provides a data and workflow automation platform for mortgage and home equity lenders.

Sector

FinTech

Verticals

Lending & Credit, Workflow Automation, Real Estate Finance, Property Valuation

Business Model

B2B

Customer Profile

Subscription SaaS, Data as a Service, Usage-Based SaaS

AI Layer

Application

Keywords

mortgage lending softwarehome equity lendingloan origination systemLOSmortgage automationdigital mortgagemortgage techautomated valuation modelAVMsettlement servicesworkflow automationlending platformproperty datafintech platformSaaS lending

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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FirstClose Comps

Public and private peers based on sector, stage, and business model.

FirstClose comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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FirstClose Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionOct 17, 2025
Series AMay 17, 2022
DebtNov 13, 2019
DebtSep 11, 2018

Key People

Founding team and executive leadership

Tedd Smith

Chief Executive Officer

Executive Team

Dan Kellett

Chief Technology Officer

Executive Team

Corey Smith

Chief Operating Officer

Executive Team

Ramiro Castro

Chief Product Officer

Executive Team

FirstClose Investors

Notable investors and investment history

FirstClose investors
InvestorRounds
Cypress Growth CapitalDebt
Pacific Western BankDebt
Lateral Investment ManagementSeries A Extension, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 2, 2026

    Kitsap Credit Union selected for home equity lending operations.

  • Mar 12, 2026

    Enhanced integration with Encompass for new XpressEquity product.

FirstClose Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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FirstClose Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about FirstClose's valuation, stock price, and market status.

Firmographic Details

HeadquartersAustin, Texas
Employee Range68
Year Founded2000
Last FundingOct 17, 2025

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