How Much Did iRestify Raise?
Funding & Key Investors

iRestify has secured significant enterprise-level funding, with its total funding reaching $9.4M. The company recently announced a major strategic investment of $6M, underscoring its growth trajectory and market position in the facilities management sector. This latest capital infusion is expected to fuel further expansion and innovation.

What is iRestify?

iRestify
Business ServicesSoftware TestingField Service Management

iRestify operates as an enterprise-level cleaning and facilities management platform, specifically tailored for property management companies. The platform empowers property managers to efficiently book and oversee cleaning services remotely, while also providing access to a dedicated team of service experts. Headquartered in Ontario, Canada, iRestify aims to streamline operations and enhance service delivery within the property management industry.

How much funding has iRestify raised?

iRestify has raised a total of $9.4M across 3 funding rounds:

2018

Other Financing Round

$1M

2020

Angel/Seed

$2.4M

2022

Unspecified

$6M

Other Financing Round (2018): $1M, investors not publicly disclosed

Angel/Seed (2020): $2.4M led by Export Development Canada, Converge, and Birchmere Ventures

Unspecified (2022): $6M supported by PBJ Capital, Export Development Canada, Converge, Birchmere Ventures, JointEffects, and Gutbrain Ventures

Key Investors in iRestify

Export Development Canada

Export Development Canada, established in 1944, provides risk management, secure financing, and working capital services, supporting Canadian businesses in international trade.

Converge

Converge is a technology company focused on advanced data analytics and digital transformation, assisting businesses in leveraging technology for growth and efficiency.

Birchmere Ventures

Birchmere Ventures is a venture capital firm that invests in innovative startups across various sectors, including technology and B2B solutions.

What's next for iRestify?

The substantial enterprise-level funding and recent strategic investment indicate that iRestify is poised for significant scaling and market penetration. This capital will likely be directed towards enhancing its platform capabilities, expanding its service network, and potentially entering new geographic markets. The company's focus on remote management and dedicated service experts positions it to capitalize on the growing demand for efficient and reliable facilities management solutions.

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Frequently Asked Questions Regarding iRestify Financial Insights

What are the most recent funding rounds that iRestify has completed, and what were the funding rounds?
iRestify has recently completed 3 funding rounds: Unspecified on Mar 9, 2022, Angel/Seed on Aug 11, 2020, Other Financing Round on Oct 17, 2018.
What is the total amount of funding iRestify has raised to date?
iRestify has raised a total of $9.4M in funding to date.
How many funding rounds has iRestify completed?
iRestify has completed 3 funding rounds.
How much funding did iRestify raise in its most recent funding round?
iRestify raised $6M in its most recent funding round.
Who are the lead investors in iRestify's latest funding round?
The lead investor in iRestify's latest funding round was PBJ Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iRestify's history?
The largest funding round in iRestify's history was $6M.
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