Snapdocs approves $150m series D

May 26, 2021 • Jordan Williams

Tiger Global Management led a round that boosted the DocuSign-backed digital mortgage platform developer's valuation to $1.5bn.

Snapdocs, a US-based digital mortgage platform developer backed by electronic signature software producer DocuSign, received $150m yesterday in a series D round led by hedge fund manager Tiger Global Management.

The round was also backed by F-Prime Capital, a subsidiary of investment and financial services provider Fidelity, in addition to Sequoia Capital, Y Combinator, Maverick Ventures, Alkeon Capital Management and Wellington Management.

Founded in 2013, Snapdocs operates an artificial intelligence-equipped platform that connects all the parties involved in the mortgage…

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