Los Angeles-based Precise Real Estate Solutions has netted $1.5m for its Series A investment round.
Founded in 2013, the company is a loan life cycle management platform for the real estate sector, which helps to shorten the process.
The platform offers secured document management and workflow software, to reduce time and errors in the loan process.
While the name of the investor was not released, it is based in San Francisco and focuses on early stage software.
With the capital, Precise Real Estate the company hopes to develop its product to expand its existing features and create more.
The company also aims to increase its sales, business development and marketing teams, in order to increase its customer base.
JCF Advisors served as the financial advisor for the company through the transaction.
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