Kogan leads funding round for property start-up

PHOTO: Landchecker co-founder and CEO Will Leaf

Australian retail entrepreneur Ruslan Kogan has led a $3.5 million funding round for online property platform Landchecker, which is looking to take on retail listings sites such as Domain and realestate.com.au, with a more comprehensive offering of information about individual properties.

The Kogan.com founder is joined in the series A funding round by motoring organisation RACV, which led a seed funding round in the company last year, as Landchecker expands its national footprint from its Victorian roots into NSW.

Unlike most property listing sites, Landchecker collates a wealth of information about properties, which can be searched via an online map. This includes having features including high-resolution aerial imagery, detailed property reports, listings and sales histories, planning permits and zones in one listing.

Co-founder and CEO Will Leaf said Landchecker’s expansion into NSW from May this year had gone well and the site was now displaying more than 8 million properties. Rather than competing directly against the likes of Domain, he said he viewed his platform as complementary.