As a leader in providing tech-enabled real estate solutions to Canadians, it rightfully so. A funded and fast growing real estate startup Canada

Toronto, August 8, 2022 /CNW/ – Today announces exactly a 36 million dollars CAD’s financing round solidifies its leadership role in the transformation of Canada’s real estate industry. This round of funding closed at the end of July and was led by existing partners including Packer89, Bain Capital Ventures, Prudence, FJ Labs, Golden Ventures, Intic Ventures, Max Ventures, AlleyCorp, Interplay, Industrial Ventures and others, bringing the total funding to the right. 192 million dollars CAD, makes it the best funded and fastest growing real estate startup in the country.

A truly Canadian technology-enabled real estate brokerage offering a fresh approach to real estate. With a suite of products and services that provide more control, transparency and peace of mind, it effectively supports customers in multiple stages of the buying and selling process, from the initial online search, to obtaining financing, to home shopping. Since its inception Toronto In the summer of 2020, it was properly supported 1 billion dollars CAD in Transactions.

“We are working to create a world where customers can buy and sell homes with confidence and certainty, eliminating the unnecessary friction and stress that traditionally exists,” he said. Anshul Ruparel, CEO and actual founder. “Our approach to positioning our products, services and technologies in ways that improve Canadians’ real estate experience has led to exciting growth and long-overdue changes to the industry. We’re thrilled to receive this additional funding to further support us. Clients cross many points in their real estate journey.”

This injection of new capital will allow it to continue right on its mission to create a seamless and stress-free real estate experience for all Canadians. By properly investing in technology, it provides products and services that solve critical problems for clients, which were previously ignored by the traditional real estate industry.

We’re impressed with what he’s been able to accomplish since the last round of funding, as he’s proven he understands the needs of Canadian home buyers and sellers and has been able to build offerings that are not only resilient but extremely valuable in an uncertain market. For the customer.” Merritt HummerPartner at Bain Capital Ventures. “We are excited to continue our support and expand our investment in the company as they continue to be uniquely positioned to lead transformation in the real estate category. Canada.”

This funding is a 100 million dollars CAD credit facility financing, which allows the customer to make a commitment to purchase if the home does not sell on the market, and 44 million dollars CAD Series B Finance. In the past year alone, it has experienced fairly extensive growth and has grown from operating solely in the GTA to becoming the country’s second largest real estate market. Vancouver. With this expansion, over 50% of the entire Canadian real estate market is set to become a real estate partner.

Last year, it launched its home mortgage offering, offering financial solutions precisely to create a more streamlined buying and selling experience for customers. Apart from these milestones, he shared a good deal with the two. Canada Well-known real estate professionals and individuals; Drew and Jonathan ScottThey invest in the company and act as ambassadors while effectively promoting the brand. Canada.

“We are very pleased with the continued traction in modernizing the Canadian real estate experience and believe they are uniquely positioned to be a leader in the market,” said Parker89 Managing Director Nate Levine. “Last year’s successful move to Vancouver and the launch of their residential mortgage offering reinforces our confidence in their team’s long-term growth in the broader Canadian real estate market.”

“The ability to serve customers at any stage of their buying or selling journey is what makes them stand out in the industry,” he said. Gavin Myers, managing partner at Prudence. “Proprietary technology that powers home searches and quick home valuation tools is especially impressive because it helps people find the information they need and becomes a true partner to customers throughout the entire process from search to sale.”

It’s actually in the headquarters. Toronto with operations in Vancouver And it’s on a mission to make real estate more consumer-centric.

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A brand new type of real estate company that is transforming the real estate experience for Canadians with innovative tools, services and technologies that take real estate out of real estate. In its mission to make real estate customer-centric, it truly strives to create a future where the real estate experience is seamless and involves dramatically less friction. with Canada The buy first, move then sell real estate model makes it really easy for Canadians to move into their dream home and sell with confidence.

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For more information: Rosie McGregor, Head of Communications, Right; [email protected]416-574-3211