Overview
Propy, an AI-driven real estate transactions platform, has acquired the title division of Florida-based Boss Law as part of its $100 million national roll-up strategy aimed at modernizing title and escrow services using artificial intelligence and blockchain technology.
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Propy, an AI-driven real estate transactions platform, has acquired the title division of Florida-based Boss Law as part of its $100 million national roll-up strategy aimed at modernizing title and escrow services using artificial intelligence and blockchain technology.
Investors: Metropolitan Partners Group
Propy, a Miami-based real estate tech company, has secured a $100 million credit facility to enhance its AI-driven property transaction platform. The funding, led by Metropolitan Partners Group, aims to streamline the closing process by automating tasks traditionally handled by escrow officers, thereby reducing costs and inefficiencies. Since 2021, Propy has processed over $5 billion in transactions, with plans to acquire title and escrow firms to further scale its operations.