Venture Capital
Real estate tech company Snapdocs today closed a $60 million funding round. According to a spokesperson, the proceeds will be put toward product development and expanding the company’s workforce. (Snapdocs plans to double its 225-employee headcount within the next 9 months.) Mortgage lending is a complex process due to regulatory constraints, yet banks in many markets have managed to digitize parts of the mortgage journey, according to McKinsey.

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