Participated · Seed · Jun 2024

ResVR develops 3D visualization proptech software for homebuilders that showcases all the options and upgrades for each floor plan. Led by founder and CEO Nathan Nasseri, the company plans to launch follow-up products later this year for designing home exteriors and showcasing new communities for land developers. The team is distributed across Canada, Europe, Asia and Brazil, which the company says enables rapid development and client support. ResVR closed aggregate financings totaling CAD1.7M, comprising CAD1.43M in pre-seed and seed funding and CAD270K in non-dilutive capital. The equity financings were led by Inverted Ventures and Weave VC, with participation from Bluesky Equity, InRoad Ventures, ThresholdImpact, Startup TNT and a Canadian angel group including Aaryn Flynn; Alberta Innovates ($170K) and NRC-IRAP ($100K) provided the non-dilutive funds. The company intends to use the proceeds to expand operations, scale its customer base and accelerate product development, and it has validated its roadmap through programs including Alberta Catalyzer, 500 Global, Plug and Play and Creative Destruction Lab.

Led · Seed · Oct 2022

Ownly is a SaaS e-commerce PropTech platform that enables customers to shop, pre-qualify, finance, and buy new homes online via a white-label MyHome Portal. The platform integrates with ERP, CRM, and lot management software to deliver data and analytics on shopping behavior. The company positions itself as a modern, frictionless alternative for new home buying and is often compared to a 'Shopify' for real estate. Since launching in 2020, Ownly has recorded over 100,000 online builds and about 4,000 homebuyers in Canada using its platform. Reported user engagement grew sharply, with average daily home-shopping time rising from eight minutes 24 seconds to roughly 51 minutes 23 seconds year-over-year. Ownly plans to scale the platform into U.S. and broader North American markets and continue expanding its technology and partner integrations.

Participated · Seed · Mar 2022

HonestDoor operates an online platform that provides estimated property valuations (AVMs) for houses and condos using real estate data, machine learning, data science, and a team of data analysts. The company aggregates property taxes, transaction and permit data, neighbourhood growth rates, home assessments and other insights to give realtors and homeowners comprehensive market information. HonestDoor was founded in 2018 by Daniel Belostotsky, who serves as founder and CEO, and is based in Edmonton, Alberta. It is currently the go-to resource for users in British Columbia, Alberta (including commercial property insights) and Manitoba. HonestDoor raised CAD$2.2M in seed funding and intends to use the proceeds to scale its platform to deliver on-demand AVMs across Canada and to test its model in select U.S. markets. The product aims to help realtors and prospective homeowners make informed decisions through trends and predictive rental and resale metrics. Honestdoor is an Edmonton-based proptech startup that provides real estate data to brokers, consumers, and financial institutions. Its platform uses machine learning algorithms to calculate weekly values and statistics on properties — including homes, condos, and empty land — and to predict mortgage renewal dates and lender information. The technology is used by financial institutions and real-estate professionals; Honestdoor is operational in 19 cities in Alberta and is piloting a mortgage system with brokers and banks. The company launched last June and was bootstrapped until this financing. Honestdoor raised $500,000 in its first round to scale its product and team and to expand to new cities, with the raise positioned as preparation for a larger future round. During the COVID-19 pandemic the company offered free advertising on its site to Alberta businesses affected by or helping during the crisis.

Participated · Series A · Nov 2021

StellarAlgo offers a customer cloud platform and flagship Customer Data Platform (CDP) underpinned by a modern data warehouse, serving sports, entertainment and live audience organizations. Its proprietary machine‑learning models are trained on over 40 billion interaction data points across more than 100 million unique records. The platform helps teams, leagues, sponsors and live-event properties monetize live audiences through insights-driven sales, marketing and analytics capabilities. StellarAlgo serves customers in North America and Europe and plans to expand commercial partnerships with brands supporting teams and leagues. The company intends to use new capital to continue growth of its cloud-based solutions and to extend its presence by opening headquarters in the United States and Europe. Financially, StellarAlgo completed a $16.5M Series A and has raised $19.0M to date. StellarAlgo offers a SaaS customer data platform that integrates online and in‑person sources (ticketing, email, etc.), builds fan profiles, and uses machine learning to help teams and live-audience businesses segment and personalize outreach. The company was founded in 2016 and operates with a team of about 25. It works with more than 50 customers, including the Vancouver Canucks, LA Kings, LA Galaxy, Vegas Golden Knights, and Portland Trail Blazers, and reported 180% year‑over‑year growth in 2019. COVID‑19 paused much live‑event activity and slowed new customer acquisition, but StellarAlgo says it has not lost any customers and signed additional MLB and NHL teams during the pandemic. The startup offered payment deferrals to customers, cut five mainly sales/marketing roles (about 16% of the team), and received the Canada Emergency Wage Subsidy to retain staff. Plans for the new funding include doubling down on platform development and automation, expanding integrations with brand partners and sponsors, and hiring in sales, marketing, and customer success, with potential geographic expansion interest from Europe and Australia. StellarAlgo offers a proprietary customer data platform and machine learning-powered notification system (StellarMoments™) that helps sports franchises and live-entertainment organizations collect, organize, and act on fan data to optimize pricing, retention, and customer acquisition. The platform is used by professional teams and events including the Portland Trail Blazers, the Vancouver Canucks, the LA Galaxy, the US Open Tennis, and clients in live entertainment such as MoPOP. The company’s algorithms drive predictive insights and real-time prioritization so customers can connect with fans at the right time and generate ROI in revenue and engagement. StellarAlgo says the new capital will allow it to scale its sales and growth strategy and significantly expand its existing client base of professional sports teams and entertainment organizations. The firm plans to extend its advanced analytics offerings to include better predictive modelling and forecasting of ticket sales opportunities. The company was founded by Vincent Ircandia, who previously led customer data teams at AEG Sports, the LA Kings, and the Portland Trail Blazers.

Led · Seed · Sep 2021

JITbase offers an AI- and IIoT-powered CNC machine management platform centered on its OPS (Optimal Path System). OPS uses optimization algorithms and real-time machine data to calculate optimal sequences of machinist activities and coordinate workflow across the shop floor. The system is designed to increase CNC machine uptime by 10–25% and reduce the operator-to-machine ratio by about 50%. JITbase targets high-precision CNC machines used in heavy manufacturing and provides data monitoring and analytics to improve human-machine interaction. The company is a graduate of the Founder Institute pre-accelerator. In September 2021 JITbase raised $650,000 in a Seed round and plans to use the funds to expand its team, increase implementation capacity with new customers, further develop software capabilities, and accelerate international expansion.