Real Matters offers a cloud-based technology platform that supplies property information and insights to the real estate lending and property & casualty insurance markets. It serves the North American mortgage industry through its Solidifi and Southwest Financial Services offerings and the P&C insurance market via its iv3 business. The company leverages its redihive™ platform and partnerships with more than 28,000 field agents, including Solidifi independent appraisers and iv3 insurance inspectors. Led by President and CEO Jason Smith, Real Matters plans to use the new capital to expand its reach through strategic acquisitions. The company was established in 2004 and is based in Toronto, with a U.S. head office in Buffalo, NY. The article reports an additional $60M in funding for the business. Real Matters provides information and insights into residential and commercial properties to the mortgage and property & casualty (P&C) insurance industries. It operates Solidifi, an appraisal management service that leverages a cloud-based network platform, redihive™, and partnerships with more than 26,000 field agents including independent appraisers and iv3 insurance inspectors. Established in 2004 and led by President and CEO Jason Smith, the company has a Canadian head office in Markham, Ontario and a U.S. head office in Buffalo, NY. Real Matters closed $40M in equity funding and said it will use the proceeds for strategic acquisitions across North America. Backers for the round were not disclosed. Related prior financings noted in the article include a C$22M equity and debt financing in February 2012 and a $5M venture debt financing in September 2010. Real Matters is a provider of property insights to the North American mortgage and property and casualty (P&C) insurance industries, operating from Markham, Ontario with a U.S. office in Chicago, Illinois. The company serves mortgage lenders through its Solidifi offering and the insurance market through its iv3 CUS business, leveraging its cloud-based platform, redihive™. Real Matters creates insights into residential and commercial properties using subject matter expertise gathered through partnerships with more than 18,000 field agents. It currently serves top mortgage lenders in the United States, top Canadian banks and numerous North American insurance companies. Founded in 2004 and led by President and CEO Jason Smith, the company completed a C$22M equity and debt financing and plans to use the proceeds to continue growing organically and through acquisitions. Real Matters is a Toronto-based provider of property information services in North America. Its redihiveTM technology-based community enables a global network of data collectors to create insights into residential and commercial properties. redihive aggregates data from a network of over 15,000 North American field agents, validating, normalizing and assembling it into a comprehensive database. The company leverages that database through businesses including Solidifi, which provides appraisal management solutions, and iv3, which delivers insurance and inspection services. Real Matters also operates a U.S. office in Chicago. It recently received a $5M venture debt financing from Wellington Financial LP to provide additional working capital to accelerate strategic growth across Canada and the United States.

Total raised

$127M

Funding rounds

5

Latest round

Equity

Latest activity

May 2015