Lateral Investment Management Backs FirstClose with $35 Million Growth Investment
May 17, 2022
Lateral Investment Management has made a $35 million growth equity investment in FirstClose, a fintech provider of underwriting workflow automation, point-of-sale software, and data services for mortgage and home equity lenders. The funding will be used to accelerate product development, expand sales and customer success teams, and pursue organic growth and potential acquisitions to broaden FirstClose’s footprint across the U.S. lending market.
- Targets
- FirstClose, Inc.
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Growth capital
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