A conveyancing platform that aims to “dramatically” speed up the process of buying a home by automating “critical parts of the admin-heavy conveyancing process” has raised £2.5 million in seed funding.
The platform combines purpose-built AI with specialist lawyers to handle the complete conveyancing process, from onboarding the home buyer to preparing the case for completion.
The platform’s automated systems deal with around half of the conveyancing process, its founders say, including ID checks, producing mortgage reports, requesting searches and producing search reports, ensuring essential documents are in place, and chasing third-parties on outstanding actions.
“Our AI platform can complete in minutes what a traditional conveyancer would spend weeks on,” said Conveyd CEO and co-founder Manasi Kulkarni (pictured left).
“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.”
Since launching in March 2025, Conveyd says it has supported hundreds of residential property transactions, with home-buying transactions completed in an average of six weeks and standard remortgaging transactions “typically ready for completion in under a day”.
Kulkarni, a former engineering leader at Monzo and Thoughtworks, and co-founder Stephen Cowley (pictured right), also a former engineering leader at Thoughtworks, developed the platform after experiencing what they called a “gruelling” six-month delay when purchasing their first home.
When the deal nearly fell through, they set out to streamline the process and attempt to “eliminate costly delays”.
Kulkarni explained:
“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.”
Jon Coker is general partner at Eka Ventures, which led the funding round. He commented:
“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 Ste 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.”
The funding will be used to further develop the platform, with Conveyd hoping to further reduce the average six-week timeline it says it currently achieves as the technology becomes more powerful. Further enhancements will include “the roll-out of AI agents that can review remortgage and purchase cases at a trainee-solicitor benchmark level, delivering more accurate and review-ready files for an expert human lawyer to review,” Conveyd said.
“Automating this admin also means the ‘human-in-the-loop’ lawyers allocated to the transaction are free to focus on areas that require more complex legal reasoning, such as providing legal advice on specific queries, registering title deeds with the land registry, and handling money transfers.
“This combination of lawyers-in-the-loop and cutting-edge technology allows home buyers to benefit from the speed of AI without losing the experience and assurance legal experts bring.”
