First American Financial Corporation
First American Financial Corporation runs Parker89, a venture team investing in proptech companies, alongside its title insurance, settlement, property data and financial services businesses.
First American Financial Corporation operates Parker89, a venture investment team backing technology companies serving the real estate and homeownership sectors. The unit invests alongside the corporation's core activities in title insurance, settlement services and property data, with stated areas of technical interest including property data and analytics, innovation in real estate transactions, title search and examination, and escrow and settlement processing. Check sizes, fund structure and portfolio composition are not disclosed.
The parent company, founded in 1889, describes itself as a provider of title insurance, settlement services and real estate-related solutions. Its title insurance business protects ownership rights for buyers and lenders through title searches, issue resolution and cover against unknown issues or fraud. Complementary lines include settlement and escrow services, a home warranty business, banking services for title and escrow companies, and wealth management, delivered through an expanded family of companies.
First American reports more than 135 years in business, hundreds of offices across the United States and operations in three international markets: Canada, the United Kingdom and Australia. Its property data and analytics operation is described as the nation's largest resource of its kind. Industry verticals span residential, commercial and industrial real estate, mortgage lending and financial services.