What is Perch?
Perch aims to empower Canadians with the knowledge and tools to make more informed decisions regarding their real estate assets, thereby facilitating wealth building. The company's platform provides insights and resources designed to demystify the complexities of the real estate market, assisting users in navigating property investments and wealth accumulation strategies. The humans behind Perch are dedicated to enhancing financial literacy and decision-making within the Canadian real estate sector.
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 Second Century Ventures, BEST Funds, National Association of Realtors, 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. They provide venture capital funding and strategic advisory services to support high-potential Canadian companies.
National Association of Realtors
The National Association of REALTORS® is America's largest trade association, representing over 1.5 million members involved in all aspects of the residential and commercial real estate industries.
Ontario Centre of Innovation
The Ontario Centre of Innovation (OCI) drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario's global competitiveness. They invest in sectors such as advanced health, information and communications technology, and advanced materials.
What's next for Perch?
With a substantial enterprise-level funding round and a recent strategic investment, Perch is well-positioned for accelerated growth. The company is likely to leverage this capital to enhance its technological infrastructure, expand its service offerings, and broaden its market reach across Canada. Future developments may include strategic partnerships, further product innovation, and increased marketing efforts to solidify its position as a leader in real estate decision-making tools. The focus on strategic investment suggests a potential for synergistic collaborations that could enhance Perch's value proposition and competitive edge.
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