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Columbia technology startup receives 2nd investment

Staff Report //April 27, 2021//

Columbia technology startup receives 2nd investment

Staff Report //April 27, 2021//

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SC Launch Inc., the nonprofit affiliate of S.C. Research Authority, has made a second, $200,000 investment in Columbia-based technology startup Land Intelligence Inc.

The company’s software solutions support transactions including land development, home construction and investing. Land Intelligence developed a one-step platform which consolidates the research involved in land development deals by providing customized tools and reporting capabilities.

“Success includes having a product or service that people need and having partners who believe in you and support your vision,” Land Intelligence CEO Gore Bolton said in a news release. “SCRA has been a staunch supporter of our products and are on this journey with us as we prepare for our next level of success. Our products offer a full range of site and civil land engineering services as they relate to different types and stages of projects. From initial data collection and surveys to final design, we have the expertise to serve throughout the entire development process.”

Land Intelligence became an SCRA member company in 2020 and progressed through the SC Launch program, becoming an SC Launch Inc. portfolio company the same year when it received its first investment of $200,000, according to the release.

“Land Intelligence had a swift journey through our SC Launch program and became investible in the same year as their acceptance,” Lee MacIlwinen, SCRA investment manager, said in the release. “They were able to do this because they were well-prepared with an experienced executive team. They also had a solid customer base, matured operations, and products already doing well in the market.”

Land Intelligence recently released a new line of software features and plans more releases in 2021.

“Land Intelligence is becoming the go-to source for land rating,” Bob Quinn, SCRA executive director, said. “Their suite of services makes it easier for bankers, developers, investors, and homeowners to make decisions regarding land transactions. We’re excited to be on the journey with them.”

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