What is Perch?
Perch operates within the real estate technology sector, aiming to democratize access to sophisticated financial decision-making tools for Canadian homeowners and prospective buyers. The company's platform is designed to provide clarity and actionable insights, enabling users to build wealth through strategic property investments. By focusing on education and informed choices, Perch is positioning itself as a key player in the Canadian proptech landscape, facilitating a more transparent and accessible real estate market.
How much funding has Perch raised?
Perch has raised a total of $4M across 1 funding round:
Series A
$4M
Series A (2022): $4M with participation from BEST Funds, National Association of Realtors, Second Century Ventures, and Ontario Centre of Innovation
Key Investors in Perch
BEST Funds
BEST Funds is a leading Canadian venture capital and private equity firm based in Toronto, specializing in software, cloud computing, financial services, and clean tech. With a proven track record of over 350 successful transactions, they provide venture capital funding, strategic advisory services, and publicly-traded investment vehicles to support high-potential Canadian companies.
National Association of Realtors
The National Association of REALTORS® is America's largest trade association, representing more than 1.5 million members involved in all aspects of the residential and commercial real estate industries.
Second Century Ventures
Second Century Ventures is an investment firm focused on the real estate technology sector, likely supporting companies that innovate within the property market.
What's next for Perch?
The recent major strategic investment signals a pivotal growth phase for Perch. This capital infusion is expected to accelerate product development, expand market reach across Canada, and enhance the company's data analytics capabilities. With a clear focus on empowering individuals through informed real estate decisions, Perch is poised to further solidify its position and drive innovation in the sector. The company's trajectory suggests a continued emphasis on leveraging technology to simplify complex financial planning for real estate wealth creation.
See full Perch company page
