PropTech startup Titl has secured $2.5m in seed funding to accelerate the rollout of its AI-driven title verification platform, as pressure grows on the real estate industry to modernise one of its most manual and risk-prone processes.
The round was led by Cofounders Capital, with participation from FIT Ventures, and will support Titl’s expansion beyond Florida into Georgia, Maryland and Connecticut, with plans to operate in nearly 20 US states by the end of the year.
“We are thrilled to invest in this technology and team. AI-powered applications like this create real demonstrable value for customers and investors.”
David Gardner, Founding Partner, Cofounders Capital
While much of the property transaction process has shifted online, title verification remains slow, fragmented and heavily dependent on manual checks across thousands of local land registries. This creates delays at closing, increases costs for lenders and buyers, and leaves the system vulnerable to fraud.
Titl is positioning itself as a digital alternative to this legacy infrastructure. The platform automates title search and continuously monitors ownership records, enabling verification to take place in minutes rather than days. By connecting and standardising disparate public records, the company aims to create a unified, auditable source of truth for property ownership.
The risk of maintaining outdated, paper-heavy workflows has become more pronounced as real estate-related cybercrime increases. According to the FBI’s 2024 Internet Crime Report, losses linked to real estate fraud reached $173.6m last year, driven in part by forged documents, identity theft and AI-enabled impersonation.
Titl combines artificial intelligence (AI) with blockchain technology to address these vulnerabilities. AI is used to surface and analyse ownership history, liens, taxes, permits and code violations, while an immutable ledger ensures records are tamper-resistant and independently verifiable.
“We set out to find an extremely niche, inefficient process where we could create a significant impact, and the title process was it. Titl is unifying property ownership verification and transfer through a centralised, digitised U.S. registry. We’re not digitising yesterday’s workflow; we’re reimagining ownership for the digital age.”
Ori Ohayon, Co-founder, Titl
The company was founded by Ori, a former Goldman Sachs banker, alongside Tory Ricalis, a real estate developer. Ori previously worked on Web3-enabled settlement solutions within capital markets, while Tory brings first-hand experience of the delays and friction that regularly derail property transactions.
Since launching in 2022, Titl has developed a suite of tools covering the full title lifecycle. These include near-instant title reporting, automated title production from closing documents, continuous monitoring for fraud or unauthorised changes, and pre-listing checks designed to surface issues before a property goes to market.
Investors say the platform reflects a broader shift towards AI-led infrastructure in real estate.
“FIT Ventures is excited to join the founders of Titl on their journey to help modernise an antiquated industry as they build new, essential infrastructure for American land registries.”
Brian Becker, Partner, FIT Ventures
As transaction volumes fluctuate and regulatory scrutiny increases, automated title verification is emerging as a critical layer of real estate’s digital transformation, with implications for lenders, agents, insurers and homeowners alike.
