Press Release

Karen Richardson Joins States Title Board of Directors

San Francisco, CA, September 23, 2019 – Karen Richardson, an accomplished and highly regarded technology executive, has joined the States Title Board of Directors. 

Richardson is a growth-focused leader who has been at the forefront of every major phase of technology in Silicon Valley, helping to bring to market groundbreaking technologies that have shaped the way we live and work. During her 30-year career in the technology and software industry, Richardson has held senior operating roles in the public and private technology sector. Beginning her career with a series of sales and marketing roles at Lotus Development Corporation, 3Com, and cc:Mail. Richardson then moved to the role of Vice President of Sales for Netscape Communications Corp. which took its’ pioneering browser to market and opened the world wide web for business. From 1998 to 2005 Richardson’s executive leadership at publicly-traded enterprise software company E.piphany, including as CEO from 2003 to 2006, changed the way companies manage and sell to their customers.

Richardson has been on the board of both early-stage AI and machine learning startups (Ayasdi, Virtuoz) as well as larger global platform leaders (BT Group Plc. and Exponent). Richardson also served on the board of Worldpay from 2016 (including on the Audit and Risk committees) until their acquisition by FIS earlier this year in a transaction valued at $43 Billion. Richardson is a former advisor to Silver Lake Partners, a private equity investment firm that is the global leader in technology investing.  

Richardson holds a BS in Industrial Engineering from Stanford. 

“Karen’s experience with disrupting traditional industries by applying modern-day machine intelligence, combined with her knowledge of big company governance, will provide the operational excellence needed to continue to scale the States Title business. Her valuable perspective and expertise will help us continue to leverage our transformative title and escrow solution to dramatically reduce the time and complexity involved in closing residential real estate transactions across the US.” Said Max Simkoff, States Title CEO. 

“Over the past 20 years, I’ve seen modern-day predictive analytics and machine learning transform entire industries. Title and escrow is a traditional business that is now ripe for the same kind of transformation – and States Title is clearly best positioned to lead this change.” Said Richardson.

About States Title Holding, Inc. and States Title 

Founded in 2016 in San Francisco, States Title Holding, Inc. has grown rapidly to become one of the top ten largest title and escrow companies in the US. The States Title family of companies – States Title, North American Title Company (NATC), and North American Title Insurance Company (NATIC) – is able to impact 90% of all real estate transactions in the US. States Title’s first-of-its-kind, patented technology solution utilizes machine intelligence to make residential real estate closings vastly more simple and efficient. Current customers are able to close more loans, faster, and at a lower cost, while maintaining best-in-class quality and service. To learn more visit www.statestitle.com.