The Canadian proptech landscape continues to expand, as Properly, a rapidly-growing online brokerage known for its sale insurance model, receives another hefty round of funding from investors.
The Calgary-originated tech startup, which has since expanded into the Greater Toronto Area and Vancouver markets, is announcing a $36M CAD financing round. The raise, which brings the brokerage’s total funding to $192M CAD — making it the best-funded and fastest growing real estate startup in Canada — closed in late July. It was led by Properly’s existing partners including Parker89, Bain Capital Ventures, Prudence, and FJ Labs, among others.
Anshul Ruparell, Properly’s co-founder and CEO, tells STOREYS that the company’s rapid growth in the real estate space — even as the industry enters a down market — has greatly encouraged investors, and has…