2 years ago

Orbital Witness Raises €8.6 Million to Automate Property Diligence

  • Orbital Witness, a UK-based company that automates the property diligence process with AI, has raised €8.6 million in Series A funding led by PropTech venture firm Parker89

  • The funding will be used to expand into the residential conveyancing market and enhance the company's product offerings

  • Orbital Witness' platform has already been used by over 2,500 lawyers and property professionals, saving more than 74 million minutes across 76,000 transactions.

      • ProblemReal Estate

      "Buying or remortgaging a property is a lengthy and stressful process due to the manual 'diligence' process of verifying property information, leading to delays, unexpected costs, and uncertainty for all parties involved."

      Solution

      "Orbital Witness automates the property due diligence process using AI, providing faster, more accurate, and efficient property information verification for lawyers, conveyancers, and their clients, making property transactions smoother and less stressful."

      Covered on