How Much Did iRestify Raise?
Funding & Key Investors

iRestify, a prominent player in the property technology sector, has successfully secured a total funding amount of $9.4M to accelerate its market expansion. This capital infusion, highlighted by a recent strategic investment of $6M, underscores the growing demand for digitized facility management solutions. By streamlining the complex workflows inherent in property maintenance, the company has positioned itself as a critical partner for property management firms seeking to modernize their operational infrastructure.

The firm's growth trajectory, marked by consistent backing from institutional investors, reflects a robust confidence in its ability to disrupt traditional cleaning and maintenance models. As the company scales, this latest injection of capital serves as a catalyst for further technological development and service optimization.

What is iRestify?

iRestify
Business ServicesSoftware TestingField Service Management

Headquartered in Ontario, Canada, iRestify operates as an enterprise-level platform specifically engineered to address the logistical challenges faced by property management companies. The platform facilitates the remote booking and management of cleaning services, providing property managers with a centralized dashboard to oversee service delivery. By integrating a dedicated team of service experts with a proprietary digital interface, iRestify effectively bridges the gap between manual facility maintenance and modern, data-driven property management. This approach not only enhances operational transparency but also ensures consistent service quality across diverse real estate portfolios.

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 Birchmere Ventures, Converge, and Export Development Canada

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

Key Investors in iRestify

Birchmere Ventures

Birchmere Ventures is a venture capital firm that supports innovative startups across various industries, focusing on community-focused technologies and scalable software solutions.

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.

Converge

Converge is a venture capital firm specializing in seed, startup, and early Series A investments, providing committed capital to B2B technology entrepreneurs.

What's next for iRestify?

With the recent strategic investment of $6M, iRestify is well-positioned to deepen its penetration into the North American commercial real estate market. The company is expected to prioritize the enhancement of its automated scheduling algorithms and the expansion of its service expert network. Furthermore, the focus will likely shift toward integrating advanced predictive maintenance features, allowing property managers to anticipate facility needs before they escalate into costly repairs. As the firm continues to leverage its enterprise-grade platform, it remains focused on driving long-term value for its stakeholders by setting new standards for efficiency and reliability in the facilities management industry.

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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 Birchmere Ventures. 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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