Conveyd Secures £2.5M to Transform UK Home Buying Process

London-based legal tech startup Conveyd has announced a successful £2.5 million seed funding round led by Eka Ventures, marking a significant breakthrough in the UK’s outdated property transaction landscape. The funding will fuel the company’s mission to revolutionize conveyancing through artificial intelligence, reducing home purchase completion times by approximately 70% compared to the national average.

Transforming Conveyancing Through Intelligent Automation

Founded in March 2025 by Manasi Kulkarni and Stephen Cowley—both former engineering leaders at Monzo and Thoughtworks—Conveyd has developed a hybrid platform combining AI automation with qualified legal oversight. The platform handles approximately 50% of the conveyancing workflow automatically, including ID verification, mortgage reporting, document analysis, and search requests. This approach dramatically reduces administrative bottlenecks while maintaining expert supervision throughout each transaction.

Kulkarni emphasized that the technology enables what traditionally takes weeks to be completed in minutes, freeing conveyancers to focus on complex legal analysis rather than repetitive tasks. “Our AI can complete in minutes what manual processes often take weeks to finish,” she stated.

Investor Confidence in Legal Tech Innovation

The impressive investor backing—including participation from Portfolio Ventures, Founders Factory, and prominent angel investors like Eileen Burbidge—reflects growing confidence in Conveyd’s vision. Jon Coker from Eka Ventures highlighted the startup’s technical expertise and determination to reimagine the home buying experience.

Looking ahead, Conveyd plans to enhance its AI capabilities further, aiming to develop intelligent agents capable of reviewing complex legal documents at a trainee solicitor’s level. With the UK housing market continuing to evolve, Conveyd’s approach could establish a new standard for modern, efficient property transactions.