Property search engine platform Landeed has recently raised an undisclosed amount in a strategic financing round led by Paradigm Shift VC. During January 2023, the firm has collected $8.3 million in a seed round led by Y Combinator, Draper Associates, and Bayhouse Capital.

The freshly extracted funding will be used to increase Landeed’s product line and further enhance its expansion of workforce to support its growing expansion both domestically and internationally.

The company was founded in 2022, by Sanjay Mandava, ZJ Lin, and Jonathan Richards. The proptech platformhelps users to search property titles and receive land documents at a nominal fee. The platform makes the search of property easy to collects all the data that is required by the buyers of the property and ensures that, everything is in order with a particular property.

Since its beginning, the company has shown an excellent growth of 22x in the key financial metrics. More than 100,000 property owners and agents have preferred and already used Landeed’s platform to buy, sell, and to build real estate.

The company has recently launched their AI property Analyzer, which efficiently provides a complete ownership history of properties from the initial owner to the most recent, including any transactions or encumbrances.
The mobile application of Landeed allows property owners, agents, developers, and legal advisors to access real estate records for building, lending, and transacting properties.

The Co-founder and CEO of Landeed Sanjay Mandava said, "Though we weren't actively raising funds, were heavily oversubscribed in the last round, and still had the majority of our previous round's funding intact, we decided to move forward with their investment due to our strong relationship (with Paradigm Shift). We will use this additional firepower to expand our consumer-side offerings and scale our engineering team."