Orbital, an AI platform
for real estate law, has raised $60 million in a Series B funding round to
support continued growth in the US and UK. The round was led by Brighton Park Capital and
included participation from investors across the legal and real estate sectors,
including REV, The LegalTech Fund, Moderne Ventures, and Grosvenor Group.
Existing investors JLL Spark, Outward, and Seedcamp also participated.
Orbital develops AI technology tailored to the specific
requirements of real estate legal work, an area that has seen relatively
limited coverage from broader legal technology platforms. By combining AI
designed for real estate law with spatial visualisation, mapping, and property
data, the platform automates document-intensive legal processes and supports
more efficient transaction workflows.
The company was co-founded in 2018 by Will Pearce and
Ed Boulle. Its platform supports hundreds of thousands of residential and
commercial real estate transactions each year for thousands of property
professionals, including law firms, in-house legal teams, developers, title
companies, and real estate investment trusts. Orbital’s customer base includes
large international law firms and multinational companies across the real
estate sector.
Will Pearce, Orbital’sCEO and co-founder, noted that although real estate is the world’s largest asset class, the legal processes that support it are still largely manual, fragmented, and opaque, with many practices having changed little for more than a century.
Orbital is changing that with AI purpose-built for
real estate, making transactions more transparent and reliable for all parties.
With the new funding, the company plans to expand
across the wider real estate ecosystem and increase investment in product
development, with the goal of creating a single, secure workspace for real
estate legal work across the full asset lifecycle.
Following the opening of its
New York office in 2025, Orbital plans to grow its team and establish
additional US hubs to better support customers.