Conveyd raises £2.5m for AI conveyancing platform

NewMod Conveyd Raises £2.5m For AI-Backed Conveyancing

Another NewMod business has arrived, this time Conveyd, which has raised £2.5m in Seed funding to massively improve the legal process around residential property sales, or as it’s called in the UK …

Conveyd raises £2.5m for AI conveyancing platform

Conveyd has raised £2.5m to support its artificial intelligence (AI)-driven conveyancing platform, aiming to speed up homebuying in the UK.  The platform, which launched in March 2025, has already been used in hundreds of residential property transactions, including purchases and remortgages.  The company said average house buying transactions are now being completed in six weeks, which it said is 70% faster than the usual five-month wait for UK…