Landeed, a property title search engine platform, has recently secured $5 million in its Series X funding round, with 10x Founders Fund leading the investment. Other notable participants in this round include Oliver Jung, Paradigm Shift, Pioneer Fund, Jeffrey Epstein, Founder of Onboard, and Aaron King, founder of Snapdocs.
This recent funding round comes on the heels of a successful strategic financing round last year, led by Paradigm Shift VC. In addition, Landeed raised $8.3 million in a seed round earlier this year, with key investors such as Y Combinator, Draper Associates, and Bayhouse Capital showing their support.
The capital raised in this latest round will be utilized to enhance Landeed’s AI and machine learning capabilities, further solidifying its position as a leader in the property title search space.
Founded in 2022 by Sanjay Mandava, ZJ Lin, and Jonathan Richards, Landeed offers users a streamlined platform to search property titles and access land documents at an affordable price. By simplifying the search process and aggregating all necessary data, Landeed ensures that property owners and buyers have all the information they need to make informed decisions.
One of the key features of the platform is its ability to provide instant access to critical data points such as Sale Deeds and Encumbrance Certificates, giving users peace of mind that the property is free from any legal or financial disputes. With a promise of delivering results 10 times faster than traditional methods, Landeed has quickly gained traction, boasting over 5 million downloads and coverage in 24 states.
The platform has experienced a remarkable 22x growth in key financial metrics, with over 100,000 property owners, bankers, agents, and real estate developers utilizing Landeed to facilitate transactions, secure loans, and streamline real estate processes.
Overall, Landeed’s success story is a testament to the growing demand for innovative solutions in the real estate industry. With a strong focus on technology and user experience, Landeed is well-positioned to continue its growth trajectory and make a lasting impact on the property title search market.
