Closepin

What Closepin does

GridBase (legal entity Grid151, LLC; tracked in this engagement as Closepin) is a cloud-based universal API middleware platform that connects mortgage lenders' Loan Origination Systems (LOS) with title insurance providers' Title Production Systems (TPS) through bi-directional, real-time data exchange, replacing the email-based order communication that the company identifies as the core friction point in the U.S. mortgage closing process. The platform is built around a modular product suite: Order Management for real-time title and settlement order handling, Closing Agent Management providing a directory of 14,000+ closing agents, Fee Engine for real-time title-fee data, Instant Title Verification for point-of-sale or default-servicing title status checks, an Integration Store that aggregates pre-built connectors to leading LOS and TPS systems, and a Managed Services (eAgency) module that packages those capabilities into an outsourced operating layer for lenders seeking to stand up their own national title agency. The technical differentiation lies in the integration-interoperability layer: lenders integrate once to GridBase rather than maintaining thousands of point-to-point integrations to title providers, and title providers connect to any LOS through a single integration. GridBase claims commercial traction with 11 of the top 20 U.S. mortgage lenders and 7 of the top 10 national title agents, citing quantified outcomes of an 18% reduction in per-file processing costs, 25% shorter average loan processing times, and 30% faster loan approval times with a 3-month ROI payback period.

The company is privately held, was founded in 2017, is headquartered in Plymouth Meeting, Pennsylvania, and reports a headcount of 1-10 employees based on the input data. It monetizes through subscription and recurring platform/API fees with no public pricing and a quote-based enterprise sales motion; the primary customer-acquisition path is a 'Book Demo' call-to-action supplemented by API documentation for developer-led adoption and an Integration Store as a partner-channel motion. Customers span mortgage lending (Freedom Mortgage, AmeriHome Mortgage, Homium, Fairway, Mortgage Connect), title insurance (Westcor Land & Title, Title Pac, Champion Title, First National Title & Escrow, Investors United Title Corp.), banking (Mercantile Bank, Lakeview, Columbia Bank, Civista Bank, Gateway), and real estate vendors, with named technology partners including Encompass, SoftPro, SnapDocs, ResWare, RamQuest, AtClose, X1 Analytics, and Stacx. Notable data gaps include undisclosed revenue, undisclosed funding history, undisclosed management team, and no published pricing or contract terms, all of which limit outside valuation triangulation.

Name

Closepin

Legal name

Grid151®, LLC

Website

https://closepin.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

GridBase is a cloud-based universal API middleware that connects mortgage lenders' Loan Origination Systems with title providers' Title Production Systems, automating title order and closing-agent workflows for 11 of the top 20 U.S. mortgage lenders and 7 of the top 10 national title agents.

Ownership category

akta.pro rank

Product category

Real Estate and Mortgage Technology Software

NAICS

Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Title, Settlement & Closing Services Technology (FSALALAK)

akta.pro secondary industry

Closing & Settlement Services (Settlement Agents) (BPAJAOAE)

Keywords

• Closing agent compliance
• Mortgage lender API
• Title verification software
• Settlement services platform
• Real estate integration

Headquarters

HQ city

Plymouth Meeting

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API and Platform Services: GridBase provides a universal API middleware platform connecting lenders and title agents. Revenue is generated through platform usage fees, likely per-transaction or subscription-based pricing for the integrations and automation services provided to mortgage lenders and title insurance companies.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Closepin (operating as GridBase®) provides a cloud-based, automated closing agent compliance validation platform for a lender's closing agent network. The platform delivers a Universal API that connects lender Loan Origination Systems (LOS) with title provider Title Production Systems (TPS), enabling real-time, bi-directional data exchange that replaces email-based order communication. Its product suite includes order management, closing agent management, a fee engine, instant title verification, an integration store, and managed services.

Product overview

GridBase is a platform-plus-modules architecture offering a Universal API for lender and title collaboration. The core platform provides data middleware connecting lenders' Loan Origination Systems (LOS) with title providers' Title Production Systems (TPS). The product suite includes: Order Management for real-time title and settlement order handling; Closing Agent Management for access to 14,000+ closing agents; Fee Engine for real-time title fee data; Instant Title Verification for title status checks; Integration Store for turnkey lender-affiliate title agency operations; and Managed Services (eAgency) providing a network of technology partners. These modules work together to enable bi-directional automation between lender and title systems, eliminating email-based workflows and reducing per-file processing costs by 18% with ROI achieved in approximately 3 months.

Differentiator

Problem solved

Functional benefit

Products and services

• Order Management

Quantifiable outcome

• 18% decrease in lender's per-file processing costs
• +3 more outcomes

Named customers16 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

Integration8 records

Feature7 records

Partnerships

One partnership is on record.

• EncompasscoreTechnology or IntegrationEllie Mae's Encompass LOS is pre-integrated with GridBase, enabling seamless order management for lenders using Encompass.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• RamQuest: RamQuest is a title production and closing platform used by title and escrow companies. Like SoftPro, RamQuest is a GridBase Integration Store partner that competes on the TPS layer, with overlapping customers in title and settlement.
• Mortgage Cadence: Mortgage Cadence is an enterprise loan origination platform serving large retail and wholesale lenders. It competes in the same lender LOS/MOS layer that GridBase integrates against and serves overlapping enterprise lender customers.
• SoftPro: SoftPro is a long-established title production system (TPS) used by title agents across the U.S. and is integrated into GridBase's Integration Store. While it sits on the title agent side rather than competing head-on as middleware, the two are tight comparables in the lender-title workflow stack.
• ICE Mortgage Technology (Encompass): ICE Mortgage Technology operates the Encompass LOS, which is GridBase's core integration partner and the dominant LOS for U.S. mortgage lenders. It is the central incumbent in the lender-side of the workflow and therefore GridBase's most important partner/competitive reference point.
• Black Knight (now part of ICE): Black Knight provided mortgage technology infrastructure (origination, closing, servicing) and is now part of ICE Mortgage Technology. Its LOS and document/closing solutions overlap significantly with the lender workflows GridBase intermediates.
• ResWare (by Adeptive): ResWare is a title and escrow production platform widely used by independent title agents. As a GridBase integration partner serving the same end customers, it is a comparable incumbent in the title technology stack.

Direct peers

• SnapDocs: SnapDocs is an eClosing and digital mortgage network that connects lenders, title agents, notaries, and signing agents for digital closings. It overlaps directly with GridBase on lender-title connectivity and is a listed Integration Store partner, indicating both cooperation and partial overlap.
• Qualia: Qualia is a digital closing and title production platform that connects lenders, title agents, and real estate professionals through a unified cloud workflow. It is directly comparable to GridBase in serving the lender-title integration use case, even though it also offers a title underwriter white-label, making it one of the closest direct peers in the space.
• Endpoint (formerly CloseSimple): Endpoint is a digital closing and title agent collaboration platform that links lenders and title companies in real time. It is a direct peer to GridBase in the lender-title connectivity category, with a comparable mid-market and enterprise title footprint.

Emerging players

• States Title (now rebrand to Vesta): States Title (renamed and operating as Vesta) applies data and technology to title insurance underwriting and closing. It overlaps with GridBase in bringing technology and automation to title workflows, though its focus leans more toward title underwriting than lender-LOS middleware.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Closepin_

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Closepin