LandTech clocks in at $57.9 million during the latest funding round.
The new era of Property Development is here.
When one considers the world or even just the term property development, we hardly imagine that it could be a quagmire of complications. Yet it involves an increasing length of red tape, regulations, and often stiff competition. How can you source land faster? Unlock unexpected opportunities, and streamline the process?
Introducing our data startup, LandTech. The company, which has thus far raised a total of $57.9 million of funding in over 4 rounds, presents a succinct business knife to cut through the complication of property development and to simplify it.
How do they work?
By using a combination of using the latest tech, and providing a home for all the tools that are required in this process. LandTech makes use of property developers who are able to assist you in finding sites faster. They also equip you with land agents to assist with the evaluation of the site. With the help of a New Homes Team and Planners to assist with the finer details, the process runs efficiently.
The results speak
Quite loudly, if we can be frank. Over 10 000 homes have been built with the help of the infrastructure that LandTech provides. They are amongst the fastest growing PropTech company in the UK, as well as being the third-largest seller of Land Registry documents in the country. Adding to that is the fact that they are open to everyone, regardless of whether you are a first-time project developer or whether you have entered veteran status in the field of property development. Investors have also expressed their confidence in the organization, with LandTech raising a total of $57.9 million in funding from its initial seed round to its Series A round.
Does a tweet count as humble beginnings?
In the instance of the founders, Andrew Moist and Jonny Britton, it would certainly seem so. The former took to the social media platform and tweeted that he was looking for a co-founder. Britton answered the call, and it began a business relationship that endures to this day. Britton is a graduate of The University of Manchester and began in roles that span being a Planning Consultant to the Director of TimeMaps. His career is connected by a thread of leadership and support of start-ups.
Moist hails from Staffordshire University and brings with him tech expertise that has seen him work in a number of industries. The former software developer delved in Social and Digital Media, before joining Moist in becoming a co-founder of LandTech.
Where to next then?
Onward, yes, but there is also something worth noting about LandTech and its messaging: Accessibility. Through the use of webinars, newsletters, and valuable insights, there is not only a need to simplify the processes around property development, but also a need to make a call to make it easier to understand, and accessible to all.