ResVR, a Calgary, Canada-based proptech startup that enables homebuilders and developers to sell more upgrades through a visualization platform, announced a series of financings that closed a total of $1.7M CAD in aggregate.
This included $1.43M in pre-seed and seed funding and $270K in non-dilutive capital.
The funding was led by Inverted Ventures and Weave VC, with participation from Bluesky Equity, InRoad Ventures, ThresholdImpact, Startup TNT, and a Canadian-based group of angels, including Improbable Games CEO Aaryn Flynn. Alberta Innovates ($170K) and NRC-IRAP ($100K) provided the non-dilutive capital.
The company intends to use the funds to expand operations and its development efforts.
Led by Founder and CEO Nathan Nasseri, ResVR develops 3D visualization proptech software for home builders that showcases all the options and upgrades for each floor plan. Later this year, ResVR will launch follow-up products for designing home exteriors and showcasing new communities for land developers.
The team is located in Canada, Europe, Asia, and Brazil, allowing them to develop projects rapidly and support their clients.
In addition to scaling its operations and expanding its customer base, ResVR has validated its product roadmap through a slate of programs to support its growth. The startup has completed Alberta Catalyzer, 500 Global, Plug and Play, and recently graduated from Creative Destruction Lab over the past 12 months.
FinSMEs
12/06/2024