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One ambitious Australian property start-up has announced that it has secured a significant round of investment of $1.85 million, with strategic partner RACV being the biggest contributor, as it looks to extend its influence in the burgeoning property AI arena.
Landchecker, developed by two architects and a property developer, provides users with unique information about planning constraints, including development zones, heritage overlays, flood areas and permit requirements.
The investment will facilitate a new developmental initiative, Claim My Property, which will allow home owners to register ownership, receive property reports and monitor buyer interest.
Landchecker CEO Will Leaf said that the platform was born from the need for a more streamlined process for obtaining property transaction information.
“When people want to buy, develop, renovate or extend, they currently face a lengthy and confusing ordeal to ensure they obtain the information they’ll require,” the CEO said.
“Landchecker is an easy-to-use, convenient and accessible platform that solves a genuine need in the property market.”
Mr Leaf also said that the support from RACV will be “instrumental” in Landchecker’s growth.
RACV managing director and CEO Neil Taylor said that the move is the latest by RACV to build its product and services offering in the home on behalf of its 2.1 million members.
He added that it is just one of the ways RACV assists its members in the home.
“We’re always looking for new ways to improve the lives of our members, and partnering with Landchecker will make the journey to home ownership easier,” Mr Taylor said.
“We’re pleased to be partnering with Landchecker to launch the Claim My Property tool, as it will provide meaningful benefits to all current and prospective Victorian home owners.”
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