Columbia, SC – Land Intelligence, Inc. a software and services business for commercial real estate, focused on the land development sector, has successfully raised a $3.25 Million seed round. The round includes venture and angel financing. Notable investors are Second Century Ventures, SC Launch Inc., Kiwi-Tech, Angel Star Ventures, and AGSM. This fresh funding will further develop its innovative PropTech platform, LandSUITE®, providing a place to research, finance, and trade land deals. The company plans to use the new capital to commercialize its patents in the space, and deepen its work in geospatial machine learning, blockchain and artificial intelligence.
This latest funding is notable from Second Century Ventures (SCV), which believes the mission of Land Intelligence will help the real estate industry directly. SCV is a venture capital fund focused on promoting innovation in the real estate industry and helping to enable the entrepreneurial spirit of real estate thrive. SCV has been fully capitalized by the National Association of REALTORS® (NAR). Land Intelligence is also an alumnus of REACH – The #1 accelerator in real estate, as a member of the 2021 Commercial cohort.
“Capital from this seed round is great news for team Land Intelligence as we can now see the customer needs getting the right resources and helping them get ahead of market changes with the right planning in mind,” said CEO, Gore Bolton. “The new funding will go a long way in helping us serve our clients and the land development industry. We will continue to automate the land acquisition business by streamlining the steps of deal identification, due diligence, entitlement, financing, and trading. We want our software to provide efficient, quick, and reliable resources for the land development community.”
Land Intelligence was founded in 2019 by Gore Bolton with his Co-founder Jennifer Rohleder. They saw the need for a data-driven reporting, analysis, and technology platform in the field of land development, which is plagued by fragmented sources that focus on narrow segments within the industry. Land Intelligence bridges this technological gap by leveraging big data ingestion, on-the-ground relationships, and its patented software algorithm behind the SaaS product of LandSUITE®.
Land Intelligence is a technology and services company building a PropTech platform for the land development industry. The company mission is to automate the complex and confusing process of developing real estate. Land Intelligence operates at the intersection of property and financial technology.
By creating a balance between opportunity and financial risk, and by analyzing market, government, and financial interests at a macro and micro level, Land Intelligence is designed to serve land developers and financing companies to find the right deals, at the right time, at the right place.
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