conveyo
About conveyo
Conveyo automates residential property transactions through a centralized platform that utilizes artificial intelligence and real-time tracking to streamline communication and legal processes. This approach reduces the average transaction time from 22 weeks to 4-8 weeks, minimizing delays and enhancing accountability for buyers and sellers.
```xml <problem> The traditional conveyancing process for residential property transactions is often slow, inefficient, and lacks transparency, leading to delays and increased costs for both buyers and sellers. Communication between parties is fragmented, and tracking progress can be difficult, resulting in a stressful and uncertain experience. </problem> <solution> Conveyo offers a centralized platform designed to streamline and automate residential property transactions, leveraging AI and data-driven processes to improve efficiency and transparency. The platform provides a single source of truth for all transaction-related data, facilitating better coordination and communication between buyers, sellers, and legal professionals. By automating key tasks and providing real-time tracking, Conveyo reduces the average transaction time and enhances accountability for all parties involved. The platform also offers direct access to experts via a dedicated channel, ensuring timely support and guidance throughout the conveyancing process. </solution> <features> - AI-powered automation of key conveyancing tasks to reduce manual effort and errors - Real-time tracking of transaction progress with automated reminders and notifications - Centralized platform providing a single source of truth for all transaction data - Secure document sharing and management - Integration with partner solicitors for legal counsel and support - Direct communication channel for instant access to experts - Digital ID verification and AML (Anti-Money Laundering) checks - Open banking integration for secure and efficient financial transactions </features> <target_audience> Conveyo primarily targets home buyers and sellers, as well as estate agents and legal professionals involved in residential property transactions, who seek a more efficient, transparent, and streamlined conveyancing process. </target_audience> <revenue_model> Conveyo generates revenue through a fixed fee charged to clients upon instruction, as well as subscription-based pricing plans offering various features and levels of support. For example, they charge £299 upon instruction. </revenue_model> ```
What does conveyo do?
Conveyo automates residential property transactions through a centralized platform that utilizes artificial intelligence and real-time tracking to streamline communication and legal processes. This approach reduces the average transaction time from 22 weeks to 4-8 weeks, minimizing delays and enhancing accountability for buyers and sellers.
Where is conveyo located?
conveyo is based in London, United Kingdom.
When was conveyo founded?
conveyo was founded in 2022.
How much funding has conveyo raised?
conveyo has raised 802100.
Who founded conveyo?
conveyo was founded by Andrea Solza and Konrad Rotthege.
- Andrea Solza - Co-founder
- Konrad Rotthege - Co-founder & CEO
- Location
- London, United Kingdom
- Founded
- 2022
- Funding
- 802100
- Employees
- 7 employees
- Major Investors
- Clearance Venture Partners