Doma
Doma is an AI-first title insurance technology company that uses proprietary machine learning on 20+ years of digitized title data to deliver instant title decisioning to U.S. mortgage lenders, most of the Top 10 lenders, and homeowners via the Fannie Mae Title Acceptance program.
- Company typePrivate
- Founded2016
- HeadquartersMiami, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Doma does
Doma, founded in 2016 by Max Simkoff originally as States Title, is an AI-first title insurance technology company that uses proprietary machine learning models to automate title risk decisioning for U.S. residential real estate transactions. Over nearly a decade and more than $100 million in R&D, the company has built a patented instant underwriting platform trained on over 20 years of digitized title insurance policy data, delivering title commitments in under three seconds for approximately 80% of transactions and producing comparable or better claims outcomes than traditional manual underwriting. The platform integrates with the dominant loan origination system (Encompass) and the major title middleware systems (ClosingCorp, Dark Matter, ValuTrust, TitlePort), and supports custom integrations via a Public API.
Doma sells primarily to U.S. mortgage lenders and mortgage brokers through direct enterprise relationships, serving the majority of the Top 10 mortgage lenders in the country. The product portfolio spans Instant Title (AI-powered risk decisioning), Upfront Title (earlier-in-the-process title data via POS/LOS integrations), Title Alternatives (powering Fannie Mae's Title Acceptance program launched in March 2024), and full-service Title & Closing Services. Revenue is predominantly transaction-based, with instantly underwritten title premiums priced at 63-76% of traditional title insurance premiums and closing service fees generated on each transaction; additional technology licensing flows from integration partnerships with platforms such as Blend. Following its 2021 NYSE IPO and 2024 take-private under Centerbridge Partners, Doma divested its West Coast retail title operations to WFG in 2023 and sold its closing and escrow operations to Opendoor in March 2026, retaining its AI risk-decisioning technology as the core operating business.
Doma firmographics
Firmographics- Name
- Doma
- Legal name
- Doma Holdings, Inc.
- Website
- https://doma.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Doma is an AI-first title insurance technology company that uses proprietary machine learning on 20+ years of digitized title data to deliver instant title decisioning to U.S. mortgage lenders, most of the Top 10 lenders, and homeowners via the Fannie Mae Title Acceptance program.
- Ownership category
- akta.pro rank
Doma industry classification
Industry- Product category
- Title Insurance Technology
- NAICS
- Direct Title Insurance Carriers (524127), Title Abstract and Settlement Offices (541191)
- SIC
- Title Insurance (6361)
- akta.pro primary industry
- Title Insurance & Underwriting (BPAJAOAA)
- akta.pro secondary industries
- Title Search & Examination (BPAJAOAB), Title, Settlement & Closing Services Technology (FSALALAK), Automated Valuation Models (AVM) & Property Data/Analytics (FSALALAJ)
Keywords
Where Doma is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Doma business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Title Insurance Premiums: Doma earns revenue through title insurance premiums on refinance transactions. The company uses its instant underwriting technology to provide title insurance at lower cost than traditional methods, with average instantly underwritten premiums ranging from 63-76% of traditionally underwritten policy costs.
- Closing Services: Full-service title and closing company providing closing services for title alternatives (Fannie Mae's Title Acceptance program), insured title for refinance and home equity, mortgage modifications, and replacement loan policies. Revenue generated through closing service fees.
- Technology Licensing: Integration with major mortgage technology platforms and enterprise lenders generates licensing/integration revenue through technology partnerships with platforms powering the nation's mortgage infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Title Alternatives - cost savings for homeowners |
| Transaction based/ take rate | Pay-as-you-go | Upfront Title - cost savings vs centralized title insurance |
| Transaction based/ take rate | Pay-as-you-go | Instant Title Underwriting Premium |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Doma product offering
Product offeringCore offering
Doma provides an AI-first title insurance technology platform that delivers instant title underwriting and risk-decisioning for residential mortgage closings. Its proprietary machine learning platform evaluates title risk in under 3 seconds using hundreds of datapoints, and powers title alternatives, upfront title information, and full-service title and closing solutions sold to mortgage lenders, brokers, and mortgage technology platforms across the United States.
Product overview
Doma is an AI-first title insurance technology company offering a unified platform with multiple integrated products. The core offering consists of Instant Title (AI-powered instant title decisioning technology), Upfront Title (early title information integration into loan origination), Title Alternatives (Fannie Mae Title Acceptance program), and Title & Closing Services (full-service title and closing solutions including insured title for refinance, home equity title, mortgage modifications, and closing services). The platform is powered by a proprietary instant underwriting technology built over nearly a decade with over $100 million in R&D, providing title commitments in under 3 seconds for approximately 80% of transactions and integrated with leading mortgage technology platforms. Additional offerings include a Doma Smart System for retail glass door access control and partnerships for domain tokenization and intelligent door technology.
Differentiator
Problem solved
Functional benefit
Products and services
- Instant Title AI-powered instant title decisioning technology that delivers title risk assessment and commitment letters in under 3 seconds for approximately 80% of transactions, using proprietary machine learning models and hundreds of datapoints to evaluate property characteristics and identify potential title issues. Sold to mortgage lenders and mortgage technology platforms.
- Upfront Title Solution that enables lenders to access critical title information earlier in the loan application process through integration with leading point-of-sale loan origination platforms, reducing loan processing time by 3-5 days and providing $200-$1,000 in borrower cost savings versus other centralized title insurance products.
- Title & Closing Services Full-service title and closing solutions including insured title for refinance, closing services for title alternatives (Fannie Mae Title Acceptance), insured title for home equity, uninsured property reports, mortgage modifications, and replacement loan policies. Sold to lenders and mortgage originators.
- Title Alternatives Modern alternatives to traditional title insurance powered by Doma's AI platform, including Fannie Mae's Title Acceptance program, designed to safely estimate and manage title risk for refinance transactions while saving homeowners and lenders billions in costs. Sold to lenders participating in the Fannie Mae program.
Quantifiable outcome
- ~$2B in cost savings delivered to American homeowners through title alternatives
- +5 more outcomes
Companies that use Doma
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Doma technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature5 records
Doma partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- BlendcoreDoma and Blend expanded their partnership to bring AI-powered instant title decisioning to more lenders. The integration enables lenders using Blend's platform to access Doma's instant title underwriting technology directly within their loan origination workflow, streamlining the mortgage closing process.
- Fannie MaeflagshipDoma's technology powers Fannie Mae's Title Acceptance program, which enables approved lenders to use automated title reviews instead of traditional title insurance for eligible refinance loans with LTV ratios under 80%. The program eliminates lender's title insurance requirements for low-risk refinance transactions, replacing manual title searches with algorithmic risk assessment. This partnership positions Doma as the first and primary technology provider for title alternatives in the secondary mortgage market.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Doma competitors and assessment
Company assessmentEmerging players
- Snapdocs: Digital closing platform for mortgage lenders, title companies, and notary signing services, including eClosing and closing workflow automation. Adjacent peer to Doma because it serves the same lender/title ecosystem with technology for the closing process, including integrations with title decisioning systems.
- Blend Labs: Digital loan origination platform for mortgage and consumer lending, and a current Doma integration partner. Comparable because Blend is a key distribution channel for Doma's instant title technology inside lender LOS workflows, and both target the same digital mortgage transformation opportunity.
- Qualia: Cloud-based real estate closing platform providing title, escrow, and mortgage software infrastructure. Comparable to Doma as a technology-focused title/closing platform targeting the same lender and title-agent ecosystem, though more focused on settlement workflow software than instant underwriting.
Broad incumbents
- ICE Mortgage Technology (Intercontinental Exchange): Provider of the Encompass loan origination system and broader mortgage technology infrastructure, including title and closing components. Broadly comparable as incumbent mortgage technology that Doma integrates with and that could, in theory, develop or acquire competing AI title decisioning capability.
- Black Knight (now part of ICE): Provider of mortgage and real estate technology including origination, servicing, and closing software. Comparable as a broad incumbent in mortgage technology whose platforms are adjacent to and integrate with Doma's title decisioning technology.
Direct peers
- Fidelity National Title (FNF): The largest U.S. title insurance underwriter through subsidiaries including Fidelity National Title and Chicago Title. Directly competes with Doma in title insurance underwriting, escrow, and settlement services for refinance and purchase transactions.
- First American Financial Corporation: One of the largest U.S. title insurers and settlement service providers, issuing owner and lender title policies and operating a national title plant. Directly comparable to Doma because both underwrite title insurance and provide closing services for refinance and purchase transactions, competing for the same lender and mortgage-broker customers.
- Williston Financial Group (WFG): Title insurance underwriter and provider of title and closing services; acquired Doma's West Coast retail title operations in 2023. Closely comparable business model with national title insurance and settlement operations, and now an operational acquirer of Doma's prior title assets.
- Stewart Information Services Corporation: National title insurance underwriter and real estate services company offering title insurance, escrow, and closing services. Comparable to Doma as a direct competitor providing title insurance and closing services to large U.S. mortgage lenders and resellers.
- Real Matters Inc. Provider of real estate appraisal, title, and closing services through integrated platforms serving U.S. and Canadian lenders. Comparable to Doma as a technology-enabled title and closing services provider competing for the same mortgage lender customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Doma social profiles
Digital presenceDoma compliance and trust
Trust signalCompliance1 record
Doma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Doma leadership team
Management profileNumber of profiles
Profiles7 records
Doma subsidiaries and ownership
Company hierarchySubsidiaries3 records
Doma funding detail
Funding detailFunding overview
Funding rounds8 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Doma M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Doma
What does Doma do?
Doma provides an AI-first title insurance technology platform that delivers instant title underwriting and risk-decisioning for residential mortgage closings. Its proprietary machine learning platform evaluates title risk in under 3 seconds using hundreds of datapoints, and powers title alternatives, upfront title information, and full-service title and closing solutions sold to mortgage lenders, brokers, and mortgage technology platforms across the United States.
Is Doma a public or private company?
Doma is a private company. It is classified as private equity controlled and is currently operating.
When was Doma founded?
Doma was founded in 2016. It employs 1,001 to 5,000 people.
Where is Doma based?
Doma is headquartered in Miami, United States, in the North America region.
How does Doma make money?
Three revenue lines are on record. Title Insurance Premiums are the primary driver. The others are closing Services and technology Licensing.
Who are Doma's main competitors?
Emerging players on record are Snapdocs, Blend Labs and Qualia. Broad incumbents are ICE Mortgage Technology (Intercontinental Exchange) and Black Knight (now part of ICE). Direct peers are Fidelity National Title (FNF), First American Financial Corporation, Williston Financial Group (WFG), Stewart Information Services Corporation and Real Matters Inc..
Does Doma have an API?
Yes. Doma offers a Public API that enables custom integrations with their platform, supporting the integration needs of mortgage originators and title insurance underwriters. Developer documentation is at www.doma.com/tech/technology.
What industry is Doma in?
Doma's product category is Title Insurance Technology. Its primary akta.pro industry code is BPAJAOAA, Title Insurance & Underwriting, with a secondary code of BPAJAOAB, Title Search & Examination. Its NAICS code is 524127 and its SIC code is 6361.