Landeed Secures $5 Mn in Funding Led by 10x Founders

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Property title search engine platform Landeed has raised $5 million in its Series X funding round, led by 10x Founders Fund.

The round also saw participation from notable investors such as Oliver Jung, Paradigm Shift, Pioneer Fund, Jeffrey Epstein (Founder of Onboard), and Aaron King (Founder of Snapdocs).

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The newly acquired funds will be directed towards enhancing the platform’s AI and machine learning (AI/ML) capabilities.

Landeed provides instant access to key data points like Sale Deeds and Encumbrance Certificates, ensuring properties are free from legal or financial disputes. Its advanced technology claims to deliver results 10 times faster than traditional methods.

Also read – VuNet Systems Raises Rs 60 Cr in Series B Funding

This follows Landeed’s previous funding efforts, including an undisclosed strategic financing round led by Paradigm Shift VC in June last year and an $8.3 million seed round in January 2023, led by Y Combinator, Draper Associates, and Bayhouse Capital.

Landeed, with over 5 million downloads across 24 states, has achieved 22x financial growth. Trusted by 100,000+ users, including property owners and developers, it streamlines property transactions and loan facilitation, revolutionizing real estate in India.

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About Landeed

Founded in 2022 by Sanjay Mandava, ZJ Lin, and Jonathan Richards, Landeed is designed to streamline property title searches, offering users easy access to essential land documents for a nominal fee.

Also read – Zeelab Pharmacy Secures $2.4 Mn in Funding Led by OTP Ventures

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