AUSTIN, Texas--(BUSINESS WIRE)--Flueid, the leading independent technology company fueling digital real estate transactions, announced today it has acquired core proprietary technology and related assets from Vodii, a technology company building the next generation of software tools for the title and escrow industry. Vodii’s tools will enhance Flueid’s solutions suite and support clients in delivering a better consumer experience more in line with today’s on-demand expectations.
Over the last four years, Flueid has focused on developing independent digital solutions that fuel decision-making and help real estate transactions flow smoothly from start to finish. Vodii has a long history integrating with back-end production systems to easily connect all parties in the transaction workflow. By joining these collective strengths, the companies are unifying the title closing and escrow process to expedite production and accelerate the overall transaction timeline.
“Our teams at Flueid and Vodii have long collaborated to drive integration and streamline workflows for title agents, real estate professionals and more through our Flueid Pro solution,” said Peter Bowman, Flueid co-founder and CEO. “Bringing Vodii onboard enhances our collaboration and drives greater product innovation to support our promise of connecting every milestone within the transaction to fuel better decision-making and create a streamlined closing process for everyone.”
“We are building toward a future where our partners and, ultimately the consumer, can expect a truly immediate closing timeline at the start of the transaction journey. Joining Flueid and Vodii’s expertise will uniquely position us to unite every point in the real estate life cycle and achieve this goal,” added Peter Richter, co-founder and President of Flueid.
As a part of Flueid, Vodii’s tools and teammates are expected to provide immediate value to Flueid clients by driving integration with leading operating systems for faster closings, reduced costs and an overall better transaction experience.
“Vodii and Flueid share a common goal of achieving a simplified real estate experience. That is why we’ve been focused on creating innovative software environments that make data more accessible and communication more seamless, all while eliminating duplicative processes,” said Matt Regan, Vodii’s founder and CEO. “Together, we will reach new heights in creating the most efficient and effective workflow on the market.”
The acquisition is effectively immediately and Vodii now operates as a part of the Flueid product development and engineering team. To learn more about Flueid, its products services or leadership team, please visit: https://www.flueid.com/.
Flueid is on a mission to make the rigid real estate process more fluid – fueling transactions using data and insights to make them easily flow from start to finish. The company’s goal is not to eliminate critical functions or best practices within the process, but to re-think them and make them smarter, digitally. Working with major mortgage lending, servicing, settlement service, and FinTech and PropTech partners, Flueid has created a universal, patent pending digital solution for every market segment along the real estate journey. Flueid is fueling every part of the real estate transaction to deliver immediate certainty to our clients and drastically reduce the time to close for consumers. For more information, please visit https://www.flueid.com/.
Vodii, including its affiliate Nyaas, LLC, is a software company comprised of a dedicated group of technologists that believe the future of technology within the title & escrow industry will be based on security, efficiency, and simplified UX. Vodii’s flagship product is the TxM Software Suite, a white labeled, SaaS, web-based transaction management application that is designed to simplify and secure communication between closing agents and all stakeholders of a real estate transaction. TxM creates an easy-to-use environment that allows all parties to efficiently collaborate, exchange information, and close securely.