Title startup States Title, now dba Doma, to go public via SPAC

The real estate money train keeps chugging along as another residential real estate tech startup is set to go public via SPAC. Opendoor was the first to usher in this popular go-public route when it went public in December 2020. Doma, which streamlined and digitized the title process and founded in late 2016, posted a net loss of $35.1 million in 2020 with expected 2021 losses of $103.1 million. Closing services and other services ancillary to brokerage continue to get swept up in the momentum as the brokerage industry consolidates and matures.