DocuTouch Grabbing Mortgage Money

Docutouch is close to announcing a funding round rife with mortgage companies smitten with the thought of not having to close deals using “snail mail.”

The legally-binding Web-based documents startup isn’t yet saying who the investors will be specifically, telling GlobeSt.com only that “major” mortgage companies would be involved, and that an announcement would be made shortly. Irwin Financial Corp. of Columbia, Ind., however, revealed itself as one of the investors in a recent quarterly earnings announcement.

Irwin Financial is an interrelated group of specialized financial services companies that includes Irwin Mortgage Corporation, Irwin Home Equity Corporation, Irwin Union Bank and Trust Company, Irwin Business Finance, and Irwin Ventures Inc., the subsidiary that invested in Docutouch.