Titl raises $2.5M to expand title automation technology

Titl, a technology company focused on automating title verification, has raised $2.5 million in seed funding to expand beyond Florida and increase operations nationwide.

The round was led by Cofounders Capital and FIT Ventures — with funds supporting expansion into Georgia, Maryland and Connecticut

Plans also call for operating in nearly 20 states by the end of the year, leadership added.

“We set out to find an extremely niche, inefficient process where we could create a significant impact and the title process was it,” said Ori Ohayon, co-founder of Titl. “Titl is unifying property ownership verification and transfer through a centralized, digitized U.S. registry. We’re not digitizing yesterday’s workflow; we’re reimagining ownership for the digital age.”

Titl was founded by Ohayon — a former Goldman Sachs banker — and Tory Ricalis, a real estate developer.

Ohayon previously worked on technology-focused initiatives at Goldman Sachs and TD Securities. Ricalis has managed real estate development projects and said his experience navigating property transactions highlighted inefficiencies in the title process.

Titl aims to automate title search and provide continuous monitoring for changes that could affect ownership.

The company uses artificial intelligence (AI) to aggregate and analyze property data, including ownership history, liens, taxes, permits and code violations.

It also uses a blockchain-based ledger designed to make records resistant to tampering and independently verifiable.

Since launching in January 2022, Titl has developed several products covering different stages of the title lifecycle.

These include automated title reports generated in minutes, tools for producing title commitments from closing documents, continuous monitoring for fraud or unauthorized filings and pre-listing title checks for sellers and agents.

“We are thrilled to invest in this technology and team. AI-powered applications like this create real demonstrable value for customers and investors,” said David Gardner, founding partner at Cofounders Capital, who will join Titl’s board.

The FBI’s 2024 Internet Crime Report showed losses tied to real estate crimes totaling $173,586,820 in 2024. Paper-based records, manual filings and identity fraud have contributed to vulnerabilities in the system, Titl added.

“FIT Ventures is excited to join the founders of Titl on their journey to help modernize an antiquated industry as they build new, essential infrastructure for American land registries,” said Brian Becker, partner at FIT Ventures.