Orbital raises $60M to automate real estate’s outdated legal workflows

Orbital, founded in 2018, is leveraging AI to modernize the traditionally slow and inefficient legal processes within the $140 trillion real estate market. The company recently raised $60 million in a Series B round led by Brighton Park Capital, bringing its total funding to $75 million. Orbital’s platform combines document automation, spatial mapping, and property data to accelerate deals and reduce errors, addressing the pain points of lawyers spending excessive time reviewing lengthy documents and fragmented information.

Orbital differentiates itself from broader legal AI solutions like Harvey and Casetext by focusing exclusively on the complexities of real estate law, including spatial considerations and local jurisdictions. Its core features include automated contract review, interactive property maps, and risk-flagging dashboards, all trained and validated by experienced real estate legal professionals. The company emphasizes the importance of its team’s legal expertise in building effective AI models.

With this new funding, Orbital plans to expand its US presence, following the launch of its New York office, and build a unified workspace for all parties involved in real estate transactions – law firms, title companies, brokers, surveyors, and lenders – aiming to eliminate information silos and streamline the entire asset lifecycle.

(Source：Techfundingnews)