Requity Homes, a Toronto, Canada-based provider of a tech-enabled real estate platform, raised $1.2M in Pre-Seed funding.
The round was led by Boardwalk Investment Limited with participation from Highline Beta, Conconi Growth Partners, and Mike Dobbins. As a graduate of the Highline Beta Venture Studio program, Ben Yoskovitz, founding partner of Highline Beta, was appointed to the Requity Homes board of directors.
The company intends to use the funds to accelerate the development of its tech-enabled rent-to-own platform, to hire across several strategic technology, marketing, and operations roles, and to expand to Western Canada.
Led by Amy Ding, CEO, Requity Homes offers a modernized rent-to-own program that enables aspiring home buyers to live in their home today with the option to buy it back later while saving for their down payment one month at a time.
The program is currently available throughout Northern Ontario (Sudbury, North Bay, Sault Ste. Marie and Thunder Bay) with plans to expand into Western Canada by summer 2022.
FinSMEs
14/04/2022