Land Sourcing Platform Searchland Secures £2.3M Funding
11/25/22, 10:51 AM
Location
londonMoney raised
£2.3 million
Industry
information technology
Round Type
seed
Investors
Fuel Ventures
London-based Searchland has received £2.3m in seed capital from Fuel Ventures for its platform used by property developers to find suitable land to build on.
Company Info
Location
london, ontario, canada
Additional Info
The company also announced plans to raise a Series A in 2023. The UK company claims it experienced nearly 30 per cent consistent month-on-month growth during the past 12 months. SearchLand said it will use the funds to hire new sales and marketing staff and build its automation tools to enhance its platform. In a previous interview with UKTN, SearchLand said it built the platform over a ten-month period during the pandemic before going live in early 2021. Founded in 2020 by Hugh Gibbs, Arthur Goodhart, and Archie Kennedy-Dyson, SearchLand is an off-market site sourcing tool.