Orbital Witness is a property diligence automation platform that utilizes AI to streamline the legal due diligence process in property transactions by providing a legal risk rating. This technology enables lawyers and property professionals to efficiently locate, review, and report on property data, significantly reducing the time and risk associated with traditional diligence methods.
Funding
$14.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Legal due diligence in property transactions is traditionally a time-intensive process, requiring lawyers and property professionals to manually locate, review, and analyze large volumes of property data. This manual approach is prone to errors, can lead to overlooked risks, and increases the overall cost and time associated with property transactions.
Solution
Orbital Witness offers an AI-powered property diligence automation platform that streamlines the legal due diligence process. The platform enables users to efficiently locate, visualize, review, and report on property data in a single, secure location. By automating key aspects of the diligence process, Orbital Witness reduces the time and risk associated with traditional methods, empowering users to deliver outstanding results to clients, boost capacity, and stay competitive. The platform provides a holistic view of properties, allowing users to identify potential issues early and make informed decisions.
Target Audience
The primary users are real estate lawyers, conveyancers, surveyors, lenders, in-house legal teams, and other property professionals involved in property transactions.
Features
- Centralized platform for locating, ordering, and storing all data needed for property diligence.
- Property visualization and mapping tools for understanding complex properties and portfolios.
- AI-powered document review for quick, accurate analysis of property-related documents.
- Customizable report generation and interactive site plans for sharing insights with clients.
- Risk identification and highlighting to ensure quality and reduce exposure.
- Secure data storage to protect sensitive information.