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Proptech Startup Landeed Raises $8.3 Million Funding

PRIVATEJan 24, 2023

Amount Raised

$8.3 Million

Round Type

Funding Round

WilmingtonSoftwareReal Estate

Description

Proptech startup Landeed said on Tuesday it has raised $8.3 million in round led by Draper Associates, Y Combinator and Bayhouse Capital.Landeed said it aims to build India's fastest and most comprehensive property title search engine. "This new funding is set to be utilised to infuse fresh talent into the company to support the accomplished team and further strengthen the technological infrastructure," the startup said in a statement.Landeed, which was founded in 2022, said it simplifies property due diligence for all parties to engage, communicate and close deals.The startup plans to hire ten more software developers to help it become an infrastructure-as-a-service (IaaS) provider for all real estate transactions."As India’s real estate market is expected to reach a size of $1 trillion by 2030, this funding presents the startup with a huge opportunity in the proptech market. Tapping into the industry need, the investment procured will be used in a manner to build for the maximum number of users to reach product-market fit," Landeed said. Sanjay Mandava, CEO and cofounder, Landeed, said, “Landeed weaves together multiple government departments across various states producing a ‘plaid-like’ property summary data

Quick answer

Landeed raised $8.3 Million in a Funding Round round, dated January 24, 2023. Landeed is based in Wilmington, Delaware, United States.

How much did Landeed raise?
Landeed raised $8.3 Million in a Funding Round round on January 24, 2023.
What does Landeed do?
Landeed is building India's (then for rest of the world) fastest and most comprehensive property title search engine.
Where is Landeed based and how big is it?
Landeed is based in Wilmington, Delaware, United States. Fundz records about 71 employees.
Who are the decision-makers at Landeed?
Fundz holds 1 contact at Landeed, including the Investor. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Software around the same time

Companies in the same sectors as Landeed that raised within 45 days of this round, from Fundz verified event records.

  • HOF Resort & Entertainment raised $800K (Seed) on March 6, 2023.
  • Engrain raised $11M on February 28, 2023.
  • Devyce raised $2.7M (Seed) on February 28, 2023.
  • SKYX Platforms raised $8.1M on February 6, 2023.
  • Kewazo raised $10M (Funding Round) on January 23, 2023.
  • zavvie raised $3.6M (Seed) on January 11, 2023.

Who to call at Landeed, and when

A new round usually means Landeed is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at Landeed, from your own LinkedIn network

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Company Information

Company

Landeed

Location

251 Little Falls Drive

Wilmington, Delaware, United States

About

Landeed is building India's (then for rest of the world) fastest and most comprehensive property title search engine. More than 84% of Indian household wealth is stored in real estate, property and land. However, with 2/3rds of all court cases in India dealing with land-related disputes, it is essential that people have accessible public records to both protect themselves against litigation and provide appropriate documentation for facilitating transactions.

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Related People

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Verified contactsJennifer S., Investor hiddenSee plans and pricing
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Landeed raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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