Conveyd launches AI conveyancing platform

A London-based property technology firm is aiming to overhaul the home buying process after securing new investment.

Conveyd has raised £2.5 million in seed funding to accelerate the rollout of its AI-powered conveyancing platform, designed to cut delays and reduce failed property transactions.

The round was led by Eka Ventures, with support from Portfolio Ventures and existing backers including Founders Factory and a group of fintech and technology angels.

Founded by former Monzo and Thoughtworks engineering leaders Manasi Kulkarni and Stephen Cowley, Conveyd was built in response to their own experience of a near-collapsed house purchase caused by lengthy conveyancing delays. 

The platform combines purpose-built AI with specialist lawyers to manage the full conveyancing journey, automating around half of the process.

Administrative tasks such as ID checks, mortgage reports and searches are completed significantly faster, allowing lawyers to focus on complex legal work. 

Since launching in March 2025, the platform has supported hundreds of transactions, completing purchases in an average of six weeks.

Manasi and Stephen say the funding will be used to further develop the technology, including advanced AI tools to review complex legal documents and support faster, more reliable property transactions.

Manasi said: “If you’ve ever bought a house in the UK, you’ll know exactly how painful the conveyancing process can be. 

“Something that should take a matter of days can drag on for months, leaving you unsure when – or even if – you’ll get the keys to your new home. 

“These delays are completely avoidable. 

“We built Conveyd to remove unnecessary back-and-forth, so home buyers get complete purchases in weeks rather than months – in a way that doesn’t make them want to tear their own hair out. 

“Our AI platform can complete in minutes what a traditional conveyancer would spend weeks on. 

“This AI-powered approach removes lengthy onboarding and waiting around for documents to be manually reviewed. 

“And it means lawyers are free to focus on what they’ve been trained to do: value-add legal work, not glorified admin. 

“We’re creating a completely new way of handling conveyancing – the impact we’ve had so far is just the tip of the iceberg.”

Jon Coker, general partner at Eka Ventures, added: “Good consumer legal advice is critical at life’s most important moments but it is typically expensive, confusing and slow. 

“We believe technology, applied in the right way, has the opportunity to change this, giving people access to high quality advice when they most need it. 

“When we met Manasi and Stephen we realised they shared this view and had a unique drive and skill set that would enable them to deliver on their vision. 

“We are extremely excited to partner with them as their lead seed investor and look forward to working with them over the coming years.”  

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →