Landeed, a property title search platform, has secured $5m in a Series X funding round.
The round was led by 10x Founders Fund, with participation from investors including Oliver Jung, Paradigm Shift, Pioneer Fund, Jeffrey Epstein, founder of Onboard, and Aaron King, founder of Snapdocs, according to a report from The Hindu Business Line.
Landeed provides a digital platform that streamlines the property title search process, enabling users to access accurate and verified property records efficiently.
The newly acquired funds will be used to expand the company’s workforce by hiring STEM and technical talent in India.
Landeed’s co-founder and CEO, Sanjay Mandava, emphasised the importance of AI and machine learning in the company’s operations, stating, “AI and machine learning are not just buzzwords; they are tools we have been using extensively to rewrite how property ownership works in India. With Landeed Labs, we’re pushing the boundaries of what’s possible in property transactions.
“AI and machine learning aren’t optional for us—they’re the backbone for everything you will see in our products going forward.”
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