Landeed

Landeed

Closed: Jan. 2023

About this raise: Landeed, with a valuation of $35 million, is raising funds on Wefunder. The company has built a comprehensive and fast property title search engine for people to access public records. The platform helps people look for their property documentation to facilitate transactions and protect themselves against litigation. Landeed functions as a neobank where deposits are dealt with in land rather than cash, and it has its own lending, investments, and safeguarding measures. Sanjay Mandava, ZJ Lin, and Jonathan Richards founded Landeed in February 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for engineering costs to build out the platform for desktop users and admin and legal expenses.

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Investment Overview

Invested this round: $163,435

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/18/2022
Close Date
Not Provided
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$35,000,000

Discount

0%

Company & Team

Company

Year Founded
2022
Industry
Real Estate & Construction
Tech Sector
Proptech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Wilmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
7
Prior Founder Exits?
No
Founder Name
ZJ Lin
Title
CPO
Founder Name
Jonathan Richards
Title
CTO
Founder Name
Sanjay Mandava
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$4,500,000
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/09/2023 Wefunder $35,000,000 $163,435 SAFE Funded RegCF
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Add to portfolio
Landeed on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $35,000,000

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Follow Landeed on Wefunder 2022

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Warning: according to the close date for this deal, Landeed may no longer be accepting investments.

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