Requity Homes, a Toronto, Canada-based property technology firm, raised $26M in funding.
The round was led by Highline Beta, Sam Sun, continued participation from major investor Boardwalk Investment Ltd (Kolias Family Office), Conconi Growth Partners and several angel investors, with new participants including Archangel Adrenaline Fund. Mike Dobbins, a financial services executive and investor, made a follow-on investment and was appointed to the Requity Homes’ board of directors.
The company intends to use the funds to make homeownership accessible, ensuring stability, and financial growth for families across the country.
Led by CEO Amy Ding, Requity Homes works to create a fair and flexible alternative path to homeownership in Canada by offering a modernized rent-to-own program that enables aspiring home buyers to live in their dream 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), Saskatchewan (Saskatoon, Regina), Alberta (Calgary, Edmonton) and Manitoba (Winnipeg).
FinSMEs
12/01/2024