Following the close of its Series A funding round, Ohio-based title company Empora Title has officially entered the market from stealth mode.
With funding from investors such as Caffeinated Capital, SciFi VC, Background VC, and Root Insurance, Empora has raised $24.6m in funding to date.
Empora did not disclose the amount raised in the Series A funding round, but a report from The Business Journals suggests it was $20m.
Founded in 2020, by CEO Megan Harris, Empora strives to provide a fast and seamless title experience for its customers. Progress can be tracked via its client portal, which also houses key documents and secures sensitive information, whilst automating and expediting the title transaction.
Now servicing the Ohio market, Empora said it will soon expand its footprint on a national level. It is backed by legacy companies and has partnered with industry veterans to deliver results to residential and commercial real estate investors, lenders, agents, buyers, sellers and more across the country.
Harris said, “Empora is re-thinking the title experience. Our intent was to launch a digital title agency for customers who want an entirely different experience than ever before. Whether you have 1 or 100 deals underway, everyone receives the same, best-in-class service, time savings and clarity throughout their closings.”
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