• Propy completes first acquisition under its $100M AI roll-up strategy, entering Alabama with a market leader holding 40% share in Mobile;
• Propy's AI and smart contracts will double profitability and aim for market dominance.

Propy, the AI-powered title and escrow platform modernizing U.S. real estate closings, today announced its first acquisition under its $100M AI-led national expansion plan: a premier title company in Alabama that commands over 40% market share in Mobile County.

The U.S. title and escrow industry remains one of the last analog strongholds in real estate-with closings still processed manually through spreadsheets, email, and paper documentation. The average transaction involves over 100 touchpoints and 15 stakeholders, taking 30–45 days to close. Coastal markets mirror the broader U.S. housing trend: strong demand, shrinking labor pools, and rising compliance costs form the perfect testbed for AI-driven transformation.

Propy's acquisition of Alabama's“Delta South Title Inc.” marks the first AI-driven consolidation in real estate infrastructure, part of recently announced Propy's AI roll-up strategy, targeting regional title firms long overlooked by legacy players in the a $49 billion US market of title and escrow. By integrating these“best of the mom-and-pops,” Propy isn't simply building scale; it's building efficiency, turning localized expertise into a unified digital network.

A Founder's Decision to Evolve

The acquired firm is known for its strong local reputation, loyal customer base, and exceptional profitability, achieved despite fully manual operations. From calculating commission checks to reconciling ledgers, preparing closing disclosures, and manually tracking EMD deposits, the company's team has handled every detail by hand.

Its success reflects deep community trust and expertise in local real estate, but also underscores the transformative potential of automation.

A Case Study in Digital Transformation

The Alabama title company is excited to embrace Propy's technology, recognizing the value it brings to their operations and long-term growth. Many have been with the company for over a decade and maintain strong relationships with local agents, lenders, and homebuyers.

By introducing Agent Avery, Propy's AI escrow officer – along with automated settlement tracking, compliance workflows, 24/7 digital closings, instant document processing, and onchain title recording, Propy will enable faster, fraud-resistant transactions and cut manual workloads by up to 70%.

Propy plans to leverage this acquisition as a model for future roll-ups, using AI automation to transform profitable but analog title firms into high-margin digital operations.

About Propy

Propy is the only title and escrow platform powered by AI and utilizing smart contracts. Its proprietary smart contracts automate the entire real estate closing process - from offer to deed recording - enabling instant, secure, and compliant transactions 24/7. Backed by Tim Draper and advised by former U.S. Treasury and SEC officials and Fortune 50 boards, Propy is modernizing the $25B title industry through technology infrastructure.

More information at .

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