Total amount raised
$15.8 Millions
Latest funding date
Location
Landeed has successfully raised $5 million in a Series X funding round to enhance its AI/ML capabilities through Landeed Labs. The platform offers a comprehensive property title search engine, providing essential documents like Encumbrance Certificates and Records of Rights for real estate stakeholders in India.
Keep reading to explore the intricacies of Landeed's fundraising journey and the investors backing this innovative platform.
What Is Landeed?
Landeed, founded in 2022, is a prop-tech startup based in Hyderabad, Andhra Pradesh, India. The company was established by Jonathan Richards, Sanjay Mandava, and ZJ Lin.
Specializing in property title search engines, Landeed offers a streamlined method for obtaining essential real estate documents like Encumbrance Certificates and Records of Rights. Their platform serves a wide range of stakeholders, including real estate owners, agents, developers, and legal advisors.
With a team of 11-50 employees, Landeed is committed to simplifying the process of property document retrieval through advanced AI-driven tools and expert support.
How Much Funding Has Landeed Raised?
- Pre-Seed Round
- Amount Raised: ₹195M
- Date: August 2022
- Lead Investors: AVCF Fund, Chris Maurice, Christian Kaczmarczyk, Goodwater Capital, Justin Hamilton, Kunal Shah, Manmohan Chandolu, Olive Tree Holdings
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and launch of Landeed's property title search platform.
- Seed Round
- Amount Raised: $8.3M
- Date: January 2023
- Lead Investors: Bayhouse Capital, Draper Associates, Y Combinator
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and expand the platform's capabilities.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: June 2024
- Lead Investors: Paradigm Shift Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further enhance the platform's technology and expand market reach.
- Series X
- Amount Raised: $5M
- Date: January 2025
- Lead Investors: 10x Founders
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop Landeed Labs and enhance AI/ML capabilities.
Total Amount Raised: $13.3M + ₹195M. Current Valuation: Not publicly disclosed.
Key Investors
- 10x Founders
- Details: 10x Founders is a venture capital firm known for investing in high-growth technology startups. They led Landeed's Series X funding round.
- Investment Focus Areas: Early-stage technology startups, high-growth companies.
- Notable Investments: Not publicly disclosed.
- Paradigm Shift Capital
- Details: Paradigm Shift Capital is a venture capital firm that focuses on disruptive technologies and innovative startups. They participated in Landeed's venture round in June 2024.
- Investment Focus Areas: Disruptive technologies, innovative startups.
- Notable Investments: Not publicly disclosed.
- Bayhouse Capital
- Details: Bayhouse Capital is a venture capital firm that invests in various sectors, including technology. They were a lead investor in Landeed's seed round in January 2023.
- Investment Focus Areas: Technology, early-stage startups.
- Notable Investments: Not publicly disclosed.
- Draper Associates
- Details: Draper Associates is a venture capital firm founded by Tim Draper. They focus on early-stage technology companies and were a lead investor in Landeed's seed round.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Tesla, Skype, Baidu.
- Y Combinator
- Details: Y Combinator is a startup accelerator that has funded numerous successful startups. They participated in Landeed's seed round in January 2023.
- Investment Focus Areas: Early-stage startups across various sectors.
- Notable Investments: Airbnb, Dropbox, Reddit.
What's Next for Landeed?
With the establishment of Landeed Labs, the company is poised to revolutionize property title searches in India. The new division will focus on enhancing AI and machine learning capabilities, aiming to consolidate fragmented property records into a unified platform. This presents a significant opportunity to streamline real estate transactions, potentially making Landeed the largest and most comprehensive title search engine in the country.
Future fundraising efforts are likely, given the strong investor confidence and the company's growth trajectory. However, Landeed will need to navigate challenges such as competition from other proptech startups and ensuring the accuracy of AI-driven property records. Managing rapid growth while maintaining quality and efficiency will be crucial for sustained success.
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