Doormat raises $1.25 million to make real estate legal services easier
byDoormat is currently available in Ontario and plans to expand into British Columbia and Alberta.
proptech
Tough Commerce raises $2 million to become Shopify for “complex” industries like construction
byA former Shopify engineering lead joined Tough Commerce as investor, board member.
Unreserved dismisses portion of $25 million lawsuit against real estate associations as new regulations for open bidding expected
byThe lawsuit remains active against the Ottawa Real Estate Board.
RealSage secures $2.1 million CAD to help multi-family rental managers make better decisions with AI
byEx-real estate asset manager aims to help others parse data during “critical time.”
RBC acquires Canadian operations of US proptech startup Ojo
byDeal comes amid cooling housing market that has impacted homebuyers and proptech startups alike.
Properly pivots away from home sale guarantee as real estate market dips
byCompany attributes shift to “unprecedented volatility in the Canadian housing market.”
Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
byWiseday is led by RenoRun, Hopper, Ssense, Ubisoft, Nesto alumni.
Canadian tech layoffs continue as tough year comes to a close
byProperly, TealBook, D2L, League among latest firms to cut staff amid economic downturn.
SingleKey acquires competitor Naborly to take the risk out of renting
byThe deal stands to triple SingleKey’s user base.
Mortgage startup Perch raises $4 million with continued backing from venture arm of National Association of Realtors
byPerch wants to use data to change mortgages and real estate.
Ownly secures $2.55 million, aims to become “Shopify for real estate”
byCalgary startup aims to help “old school” real estate developers sell new homes.
Thoughtwire, Finaeo make staff cuts as Canadian tech continues to face economic headwinds
byBoth companies are staying mum on the number of employees cut.
VendorPM secures $20 million Series A to expand US footprint
byVendorPM’s backers include Bessemer and a plethora of real estate investors.
Report maps Canadian sustainable proptech industry and nearly $1.5 billion in investments
byAmp Energy, GoBolt, Ecobee, Brainbox AI among top funded startups in the sector.
Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools
byProvincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver.