£4500M
A consortium of high-profile property and data figures has acquired a 41% stake in the land acquisition technology platform.
"This is an exciting strategic milestone for the business that demonstrates proof of concept, where we are leveraging sophisticated technological solutions to unlock a deeply opaque land market. Our new investors recognise that as the AI landscape evolves, there is early mover advantage to be had by backing emerging companies applying it to a part of the real estate market that has always suffered from a lack of innovation."
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Verafind—London, UKMark O'Hare + 3 others