How Much Did iRestify Raise?
Funding & Key Investors

iRestify, a prominent player in the digital facilities management sector, has successfully secured a major strategic investment, bringing its total funding to $9.4M. This latest capital injection of $6M underscores the company's robust growth trajectory and its increasing influence within the property management technology landscape. By leveraging this fresh infusion of financing, the Ontario-based firm is well-positioned to accelerate its operational footprint and enhance its proprietary service delivery platform.

What is iRestify?

iRestify
Business ServicesSoftware TestingField Service Management

iRestify operates as a sophisticated enterprise-level cleaning and facilities management platform specifically engineered for the complexities of modern property management. The company provides a centralized digital ecosystem that allows property managers to remotely book, monitor, and optimize cleaning services through a dedicated team of service experts. By digitizing traditionally fragmented facility maintenance workflows, iRestify addresses critical pain points in the real estate sector, offering scalability and transparency that traditional service providers often lack. Its market position is defined by its ability to bridge the gap between high-touch service requirements and automated, data-driven management tools.

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 Converge, Birchmere Ventures, and Export Development Canada

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

Key Investors in iRestify

Converge

Converge is a venture capital firm that specializes in seed, startup, early Series A, and early-stage investments, bringing long-term committed capital to B2B tech entrepreneurs.

Birchmere Ventures

Birchmere Ventures is a venture capital firm that supports innovative startups across various industries, with a portfolio spanning tutoring platforms, recruiting software, and predictive analytics.

Export Development Canada

Export Development Canada is a financial institution founded in 1944 that provides risk management, secure financing, and working capital services to support business growth.

What's next for iRestify?

With the successful closure of this major strategic investment, iRestify is poised to enter a new phase of market expansion and technological refinement. The company is expected to utilize this capital to deepen its integration capabilities, potentially expanding its service offerings to accommodate larger enterprise portfolios across North America. As the demand for automated, reliable facility management solutions continues to rise, iRestify's focus will likely shift toward scaling its service expert network and enhancing its predictive maintenance features. This strategic growth phase will be critical in solidifying its competitive advantage against legacy service providers and emerging prop-tech entrants alike.

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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 Converge. 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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