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News & Press: Industry News

States Title Achieves New Capital Funding

Tuesday, June 16, 2020  
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States Title, and its family of brands – North American Title Company and North American Title Insurance Company, announced last month that it raised $123 million in its Series C capital raise led by Greenspring Associates. The capital raise included both new and previous investors. A press release from the company stated that its combined business has closed or issued insurance policies for nearly half a million real estate transactions in the past year.

According to the company’s press release, it uses data science to “create predictive title insurance based on an assigned risk score to indicate how safe a property is from liens or liabilities, helping to achieve faster title processing and more efficient underwriting.” The company’s website states that its predictive policies are 100% reinsured by SCOR Global, the world’s fourth largest reinsurer.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851