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Landeed, an innovative property title search engine platform, has made headlines with a successful $5 million Series X funding round. The round was led by 10x Founders Fund, with key contributions from visionary investors such as Oliver Jung, Paradigm Shift, Pioneer Fund, Jeffrey Epstein (Founder of Onboard), and Aaron King (Founder of Snapdocs). This milestone follows the platform's oversubscribed seed round in 2023, reflecting unwavering investor confidence and sustained growth.
The new funding will fuel the creation of Landeed Labs, a specialized division focused on leveraging artificial intelligence (AI) and machine learning (ML) to redefine property transactions. With plans to onboard top-tier STEM and technical talent, the startup aims to bolster its core business and amplify its technological capabilities.
Co-founder and CEO Sanjay Mandava remarked, “AI and machine learning are more than tools—they’re the backbone of our vision for property ownership in India. Landeed Labs is our commitment to pushing boundaries, making property transactions seamless, transparent, and innovative."
Founded in 2022 by Mandava, ZJ Lin, and Jonathan Richards, Landeed simplifies property title searches through an AI-powered platform. It offers instant access to critical property data, including sale deeds and encumbrance certificates, ensuring properties are dispute-free.
The platform's mobile app delivers title search results 10X faster than traditional methods, making it a cost-effective and efficient solution for over 100,000 users, including property owners, bankers, agents, and developers. Since its inception, Landeed has achieved 22X financial growth, positioning itself as a game-changer in the proptech industry.
Looking ahead, Landeed envisions a fully digitized and transparent real estate ecosystem powered by AI and ML. With the establishment of Landeed Labs, the company is set to revolutionize property transactions and expand its footprint across India and global markets.
Co-founder Mandava emphasized, “We’re not here to be second best. With the majority of our seed funding still intact, we’re relentlessly innovating and launching products to meet the evolving needs of our users."
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