Snapdocs
Snapdocs is a digital mortgage closing platform using its patented AI to connect lenders, title companies, and notaries.
Secondary Market Price
Secondary Market Price
How Snapdocs Measures Up
To help you manage your Snapdocs equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data and evaluating Snapdocs's rating. Check back soon for our rating on Snapdocs's worth 4 years from now.
Exit Risk
TBD
We are still gathering data on Snapdocs to train our machine learning model. Check back soon for our exit risk rating for Snapdocs!
Funding Stage
Series D
A Series D funding round suggests Snapdocs is a mature company that has already proven its business model and is focused on scaling. For a potential employee, this often means more stability and structure than an early-stage startup, but still with significant opportunities for growth.
Secondary Market Price Chart
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Prospect Projected Future Snapdocs Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Snapdocs's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Snapdocs provides a digital closing platform for the mortgage industry, connecting lenders, title companies, and notaries to streamline the final stages of a real estate transaction. The company's platform uses patented AI technology to automate workflows, digitize documents, and manage tasks like notary scheduling and payments, facilitating millions of closings annually. Founded in 2013, Snapdocs was established to improve the efficiency and security of the mortgage closing process. It has since grown significantly, raising over $250 million through several funding rounds to become a key technology provider in the sector.
The company continues to focus on expanding automation and integration within the mortgage ecosystem. A recent partnership with Vesta, a loan origination system, aims to deliver a more integrated digital closing experience for shared clients. Snapdocs has also achieved notable compliance milestones, becoming the first company to be certified as an eVault System by the Mortgage Industry Standards Maintenance Organization (MISMO). The platform's impact is shown in client results, with one case study highlighting how a signing agency cut its notary assignment times in half. Other reports indicate that title and signing teams have reduced notary coordination time by up to 80% using the system's automation features.
- Sequoia Capital
- Tiger Global
- Y Combinator
- Founders Fund
- Wellington
- F-Prime
- Lachy Groom
- Maverick
- Alkeon
- Freestyle Capital
- Co-Founder, CEO Michael Sachdev
- Co-Founder, Executive Chairman Aaron King
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Snapdocs worth joining?
Deciding whether to join a company like Snapdocs requires a deep analysis of its growth potential and the specifics of your equity offer. Platforms like Prospect use venture capital data and predictive models to help you evaluate startups and make an informed career decision.
What should I do with my Snapdocs stock?
Managing your stock in a private company like Snapdocs involves creating a strategy for exercising options and planning for taxes to maximize your returns. You can use specialized tools to model different scenarios and develop a personalized plan for your startup equity.
Can you sell Snapdocs stock?
As Snapdocs is a private company, selling your stock is more complex than with a public company and is typically done through secondary markets or company-organized liquidity events. Some platforms provide tools to help you understand your options and view secondary market prices to inform your selling strategy.
How can I find the value of my Snapdocs stock?
The value of stock in a private company like Snapdocs is typically determined by its latest 409A valuation and prices from recent funding rounds or secondary market sales. You can use an equity calculator and data-driven platforms to get an independent projection of what your equity might be worth.
What is Snapdocs's equity worth?
The overall worth of Snapdocs's equity is its valuation, which is established during fundraising rounds led by investors. To understand what your specific equity grant is worth, you can use platforms like Prospect that provide projected valuations and analysis based on venture capital data.
What is Snapdocs's stock ticker symbol?
Since Snapdocs is a private company, it does not have a stock ticker symbol. Ticker symbols are only assigned to companies when they become publicly traded on a stock exchange like the NYSE or NASDAQ.
Can I buy or sell Snapdocs stock?
Buying stock in a private company like Snapdocs is typically restricted to accredited investors, while selling is often limited to specific liquidity events. While platforms like Prospect help you evaluate equity, they do not act as a marketplace for buying or selling shares.
What is the criteria to buy or invest in Snapdocs stock?
Investing in a private company like Snapdocs is typically reserved for accredited investors who meet specific income or net worth thresholds set by financial regulators. Employees, on the other hand, receive equity as part of their compensation without needing to meet these criteria.
