Flueid Awarded Patent for Its Real Estate Transaction Technology

Flueid, the leading independent technology company fueling digital real estate transactions, today announced that the U.S. Patent & Trademark Office has issued a patent for its Flueid Decision (formerly Insurful) platform

The Flueid Decision technology centralizes and automates the title-clearance decision in less than a minute. It is the only multi-tenant and agnostic system on the market, allowing it to embed into the core operating systems of point-of-sale platforms, lender operating systems, title production systems, servicing platforms, and marketplaces, to drive integration and streamline workflows for all parties involved in the transaction.

First launched in mid-2020, the Flueid Decision platform is designed to compress the closing timeline by expediting and digitally enhancing the title-search processes using traditional and nontraditional data sources, proprietary logic, and insights.

“For nearly 20 years, our leadership team has been on a journey to modernize the real estate transaction using data and technology,” said Peter Bowman, Flueid co-founder & CEO. “Our goal is to deliver trusted digital decisions to our partners that don’t replace, but support, their businesses. That’s why we’ve created a truly independent, multi-tenant solution that can power multiple decisions and provide clients with greater visibility and choice in their workflows no matter where a partner sits within the transaction ecosystem.”

The platform was issued U.S. Patent 11,095,756 on Aug. 17, 2021. 

The platform achieved SOC 2 Type 1 compliance in March 2021, and Type 2 compliance as of June 2021, validating its data security controls and best practices.

To learn more about Flueid, click here.