Doma

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.

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

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

• Title insurance technology
• AI mortgage underwriting
• Instant title decisioning
• Real estate closing services
• Title alternatives platform

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core 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

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core and flagship.

• BlendcoreTechnology or Integration · 16 July 2025Doma 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 MaeflagshipTechnology or Integration · 1 March 2024Doma'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

Emerging 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

• Xx.com/DomaHQtweets
• Facebookfacebook.com/DomaHQ
• LinkedInlinkedin.com/company/domahq

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries3 records

Funding overview

Funding rounds8 records

Investors17 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Doma