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Dorado

216 employees

CoreLogic Dorado is a leading provider of intelligent software-as-a-service (SaaS) solutions and platform-as-a-service (PaaS) architecture to the financial services industry. The company offers banks a fully automated system for managing and tracking the consumer lending process from point-of-sale through funding. The company’s marquee ChannelMaster(R) mortgage origination suite is the leading cloud computing solution for mortgage production, capable of processing more than 10,000 complex transactions per day, and handling in whole or part, an estimated 16% of all U.S. loans produced. The company also provides Tier One banks with a services order management system. Along with the benefits of SaaS – increased functionality and dependability with minimal capital costs, flexible configurations, and rapid deployment, CoreLogic Dorado’s patented workflow solutions uniquely enable users to monitor transactions in real-time and to collaborate across multiple parties. Customers gain competitive advantage via efficiencies, better control over the product mix, and automated tracking and compliance. Moreover, the company’s pay-for-performance model provides a compelling alternative to single-point solutions, closed systems, and internal development. In 2010, Dorado's customers included six of the top fifteen U.S. mortgage lenders and leading financial institutions in Canada. Parent company CoreLogic is headquartered in California, with more than 10,000 employees worldwide.

Investor insights

Funding rounds participated in

$25M sweet spot round size

Investor type

Public Company

Basic info

Industry

Software Development

Sectors

Software Development

Date founded

1998

Funding rounds raised

Total raised

$25M

from 2 investors over 1 rounds

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Dorado raised $25M on March 12, 2001

Investors: Crosspoint Venture Partners and Palomar Ventures

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