01
THE MARKET
$15B title insurance. Four companies own it.
First American · Fidelity National · Stewart · Old Republic. ~85% combined market share. Every closing in the US flows through one of them.
$15B
US title insurance revenue · 2025
INVESTOR DECK · 6 SLIDES · 90 SECONDS
The title plant the Big 4 should have built themselves.
A $15B oligopoly running on microfiche. A 30-day product that ate their workflow. Capital Title of Texas pilot in motion. Six months to one Big 4 LOI.
02
THE PAIN
$200-800 per manual title search. Per closing.
Clerks walk microfiche indexes. Underwriters re-key into three systems. Title officers wait 24-72 hours per search. The workflow is unchanged since 1975.
$5.5B
Annual labor cost of manual title work
03
OUR PRODUCT
Address → full title plant in 8 seconds.
Chain-of-title. Lien lookup. Easement extraction. Encumbrance flagging. AI underwriter chat. TIRBA T-7 commitment letter. Autonomous closing pipeline. $0.50 per lookup.
8s
Address typed → plant ready
04
THE BEACHHEAD
Capital Title of Texas. Dallas-HQ. 350 offices.
Meeting Tuesday May 19 with the Shaddock family. Pilot pricing $0.25/lookup for 12 months. White-label workspace already live. They can sign in today.
350
Capital Title offices = day-one network effect
05
THE FACTORY
Patten Labs ships 4 products in 90 days.
Cortivex (decision OS). Vantage (rendering). Ledger (property tax appeal). Title Plant. One Dallas-based founder + Claude. Pieter Levels mode.
4
Live products in 90 days · 0 hires
06
THE EXIT
Big 4 acquires to avoid disruption. 6-month window.
Same playbook as Base44 (sold to Wix in 6 months for $80M cash). Same window as Bolt.new ($20M ARR · $700M val in 60 days). The Big 4 will not let us scale.
6mo
Exit window · Big 4 LOI is the milestone
RAISE · SEED · $1M ON $8M PRE
We're building four products with one founder. Fund the factory.
$1M buys runway through the Capital Title rollout + the first Big 4 LOI. 6-month window to demonstrate the cap-table comp set (Base44, Bolt, Lovable).
Email Feild →