FirstClose
Austin, US · Founded 2019 · Delaware corporation · 70 employees on LinkedIn
FirstClose provides a software platform that helps financial institutions run and automate their home equity lending process, including real-time equity modeling, soft credit pulls, prequalification, order management, and a vetted provider marketplace. It serves banks and mortgage lenders in the U.S. seeking to reduce application drop-off and shorten time to close.
Founders & leadership
FirstClose was founded in 2019 by Tedd R Smith.
TR
Tedd R SmithFounder
TS
Tim SmithExecutive
Board
SB
Stuart BardenBoard director
MA
Matt AndersenBoard director
Reported raises · per SEC filings
Form D private placements$22.7M disclosed across 2 rounds · 2022–2025
▶$4.7MraisedOct 2025 · 2 investors · Other TechnologyRule 506(b)
▶$4.7MraisedOct 2025 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Tim SmithExecutive Officer, Director
- Stuart BardenDirector
- Matt AndersenDirector
- Tedd R SmithExecutive Officer, Director
- Offering amount
- $4.7M
- Amount sold
- $4.7M
- First sale
- Sep 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$18MraisedMay 2022 · 1 investors · Other TechnologyRule 506(b)
▶$18MraisedMay 2022 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Tedd R SmithExecutive Officer, Director
- Offering amount
- $18M
- Amount sold
- $18M
- Sales commissions
- $671K
- Placement agents
- FNEX Capital, LLC
- First sale
- May 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlap
Doxo114 shared keywordsdoxo operates an online bill pay network that lets U.S. consumers manage and pay all their household bills and due dates in one place across more than 120,000 billers and 45 service categories. It also offers doxoDIRECT for billers to receive payments and doxoINSIGHTS, which analyzes aggregated household bill pay data.
Zillow95 shared keywordsZillow operates an online real estate marketplace where consumers can search homes for sale and rentals across US and Canadian cities, view mortgage rate information, and access home financing through Zillow Home Loans. It covers residential property listings, apartments and houses for rent, and mortgage services nationwide.
Ice78 shared keywordsICE (Intercontinental Exchange) operates financial exchanges and markets for commodities such as oil, natural gas, power and coal, and provides fixed income data, indexing, clearing, and capital raising services. It also offers technology to digitize the mortgage process and delivers market data and analytics to support decision-making for financial market participants.
BirdEye76 shared keywordsBirdeye offers an AI-powered platform with multi-agent "AI Coworkers" that handle marketing, operations, and customer experience tasks such as search optimization, review generation, listings management, social posting, and front-desk coordination. It serves multi-location businesses, providing a unified view of customers, locations, and interactions.
Companies competing with FirstClose for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does FirstClose do?
- FirstClose provides a software platform that helps financial institutions run and automate their home equity lending process, including real-time equity modeling, soft credit pulls, prequalification, order management, and a vetted provider marketplace. It serves banks and mortgage lenders in the U.S. seeking to reduce application drop-off and shorten time to close.
- Who founded FirstClose?
- FirstClose was founded by Tedd R Smith in 2019.
- How much funding has FirstClose raised?
- FirstClose has disclosed $22.7M raised across 2 rounds.
- Where is FirstClose headquartered?
- FirstClose is headquartered in Austin, US.