CAD$6M was raised by iRestify, a Toronto-based PropTech provider for building maintenance services.
Gutbrain Ventures was the lead investor, PBJ Capital was a co-investor, and EDC, Joint Effects Birchmere Ventures and Converge participated.
The company intends to use the funds to expand into the United States.
Led by serial entrepreneurs Erifili Morfidis and Charlotte Gummesson, iRestify innovatively uses technology to digitize and simplify workflows of building maintenance for property managers and building owners. Leveraging technology capable of handling enterprise-level, multi-residential, and commercial properties, the platform has been adopted by many renowned property management brands, including Minto and Canadian Urban.