JurisDeed
Date of Foundation
2020

JurisDeed

Accelerate dealflow with financially distressed properties.

The Idea origin story

For real estate investors, financially distressed properties can be a lucrative investment, but cloudy titles and complicated laws can wipe out profits as investors rely on slow, costly professional services for help or attempt to navigate the risks themselves. So we created JurisDeed, an AI-driven platform that automates legal compliance, minimizes title risks, and accelerates liquidity for investors in financially distressed properties nationwide.

The Mission

"Empowering real estate investors with AI-driven JurisDeed platform that simplifies legal compliance, mitigates risks and expedites liquidity."

Clients

Portfolio or institutional investors of delinquent tax sale properties with $1-25MM deployed annually across multiple states

Problems we solve

Client’s problem

Your startup could revolutionize the way investors identify and manage financially distressed properties. It could address issues like lengthy legal compliance processes, title risks, and slow liquidity. This could, in turn, increase portfolio values and reduce investment risks.

Confirmation of problem

investors typically face high risks and legal hurdles when dealing with distressed properties, causing financial loss and missed opportunities.

Solution

AI LegalTech for distressed property investors, navigating legal hurdles with less risk and cost, speeding market value liquidity.

Our technologies

This solution is based on technologies

Artificial Intelligence, Machine Learning, Big Data Analysis, Blockchain for secure transactions.

How it works

AI platform uses big data and predictive analytics to identify risks and provides compliance solutions for distressed property investments.

Value for the client

JurisDeed minimizes risks and accelerates profits for investors by automating legal compliance for distressed property investments.

Market and strategy

Market size

5000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

25

% of the market

Is our goal in the next 3 years

Team

My name’s

Stephen Morel

My key role in the product

My key role is Founder & CEO, and I'm responsible for setting company vision, building the team, raising funds, and overall strategic planning.

Team size and key members

Fractional CTO, William Sossamon

Competitors

Competitors

Other potential competitors could be platforms such as Realtor.com, Zillow, and Trulia that also provide real estate listings and data. They may not focus solely on financially distressed properties but still pose competition due to their large user bases and comprehensive data sets.

Our Advantages

JurisDeed takes investors beyond lead gen. We accelerate profits by providing marketable titles swiftly for faster sales at true market value. More than generating leads, we amplify liquidity to maximize your investment return.

Business model

We sell data/services online; offer $199/mo platform access with 10% off retail. Higher tier, $499/mo gives 20% discount on min $1k spend monthly.

Traction

Operational since April 2021, our beta platform enables batch order processing and exporting of research results in diverse formats. Alongside a public API designed for partner and enterprise customer integrations.

Company growth soars, hitting $2M in annual revenue. Fundraising makes strides with a robust Series-A round of $4-5M acquired. Additionally, we've etched 1-2 strategic partnerships with industry-heavyweights as potential future buyers.

Metrics

Active user average expenditure stands at $1500/month, illustrating strong customer investment and potential for revenue growth.

Achieved $600K revenue in beta testing phase without marketing efforts, maintaining an average annual income of $250.

Incorporation

Our company incorporated in

Delaware

Key risks

Key risks could include potential legal changes affecting distressed properties, data privacy regulations impacting AI use, reliance on technologically proficient clientele, competition from traditional law firms or similar platforms and need for constant platform advancement.

Investments

$

$335k pre-seed

We raised investments

Our Investors

Bootstrapped = $250k, Friends/Family = $125k, Angel Investors = $210k

Rising Investments

$

between 1000000 and 1200000

Currently, we are raising investments

$

6000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Online marketplace for distressed property deals opens income avenues, supplemented by sales of educational content on relevant topics.

MVP