Machine learning title insurance and digital escrow technology platform for real estate transactions, acquired by Opendoor.
Location
San Francisco, CA, US
Founded
2016
Doma developed machine-learning technology designed to modernize title insurance, escrow, and closing workflows for residential real estate transactions. The platform automated title underwriting and risk assessment to accelerate mortgage refinances and home purchase closings for lenders and title agents.
The company provided digital closing solutions that replaced manual administrative processes with automated title search and instant risk scoring. Opendoor acquired the business to integrate its automated closing and escrow infrastructure directly into its digital home transaction platform.
Doma - Classification
Also Known As
Doma Holdings Limited
NAICS
524000Insurance Carriers and Related Activities
524100Insurance Carriers
524120Direct Insurance (except Life, Health, and Medical) Carriers