Tuesday, 18 June 2024, Bangalore, India
Landeed is an online document search platform that has raised a funding from Paradigm shift VC in its strategic funding round. This proptech startup previously raised 8.3 million USD in a seed funding round from Y combinator, Bayhouse Capital, and Draper Associates. The company is planning to use these fresh proceeds to increase its product line and expand its network while enhancing its workforce.
The firm was founded by ZJ Lin, Jonathan Richards, and Sanjay Mandava in 2020 to offer its users a search engine platform to find property titles and receive land documents easily with a minimum fee. This platform makes it faster and easier to search multiple things and collect the data that is required by a buyer or landowner to have everything in proper order for a particular property.
This startup aims to simplify the property or land record accessfor its users and provide them with seamless experience. Landeed claims to be the most comprehensive and fast property title search engine across the country. The company reported a 22 times increase in its key financial metrics. The platform has worked for morethan 100k agents, buyer, and property owners to sell, buy, and build a real estate property.
This proptech startup has recently launched its own AI property Analyzer to analyze the property and provide a complete ownership history before offering any property from its first owner to the most recent. This analyzer will also provide a detailed history of all transactions made to date.
This Hyderabad-based startup provides mobile applications to help its users with property related queries. The founder of Landeed, Sanjay Mandava mentioned that Paradigm shift has always supported the startup and helped them to offer more innovative solutions. The startup competes with other proptech platforms including PropTiger, NoBroker, and Kashyap, among others.
Conclusion:
Landeed, a Hyderabad-based proptech startup that has raised fund for its expansion from Paradigm shift VC in a strategic funding round. The company previously raised 8.3 million USD in a seed funding round from Y combinator, Bayhouse Capital, and Draper Associates. The company is planning to use these fresh proceeds to increase its product line and expand its network while enhancing its workforce.
Landeed offers a platform makes it faster and easier to search multiple things and collect the data that is required by a buyer or land owner to have everything in proper order for a particular property. This startup aims to simplify the property or land record accessfor its users and provide them with seamless experience.
The platform has worked for more than 100k agents, buyer, and property owners to sell, buy, and build a real estate property. This proptech startup has recently launched its own AI property Analyzer to analyze the property and provide a complete ownership history before offering any property from its first owner to the most recent. The startup is planning to use these fresh proceeds on expanding its network and develop new product line.
