Landeed has raised $8.3 million in a seed round led by Draper Associates, Y Combinator, and Bayhouse Capital.
Funds will be used for hiring fresh talent to support the accomplished team and further strengthen the technological infrastructure, the company said in a press release.
Founded in 2022 by Sanjay Mandava, ZJ Lin, and Jonathan Richards, Landeed helps users search property titles and receive land documents at a nominal fee.
Landeed simplifies the multiple search methods and collects all the data that is required by a land owner or buyer to ensure everything is in order with a particular property.
“We built a standardised interface simplifying the multiple search methods across states into an intuitive and fluid user experience. This unique proposition has led our team to witness impressive revenue growth,” said Sanjay Mandava, CEO and Co-founder of Landeed.
Within four months of its launch, Bengaluru-based Landeed claims to have received 1.7 million searches for land titles across the seven states it operates.
Six months earlier, Landeed had raised a pre-seed round from Justin Hamilton (CEO, Clutterbot), Goodwater Capital, Olive Tree, Manmohan Chandolu, Chris Maurice (Yellow Card), Christian Kaczmarczyk (Third Prime VC), AVCF Fund, and nine Y Combinator alumni.
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