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Lake.com raises $2.6M in a pre-seed round to enhance its lakeside vacation rental platform, led by the Business Development Bank of Canada and angel investors.

Sep 17, 20253 months ago

Amount Raised

$2.6 Million

Round Type

Pre-Seed

TorontoTravel

Investors

Angel InvestorsBusiness Development Bank Of Canada

Description

Lake.com has raised $2.6 million in a pre-seed round to support its lakeside vacation rental discovery platform. The investment was led by the Business Development Bank of Canada along with angel investors. The Toronto-based startup aims to innovate travel bookings through artificial intelligence. It plans to invest in B2C marketing to achieve its booking targets.

Company Information

Company

Lake

Location

Toronto, Ontario, Canada

About

Lake was founded by a husband-and-wife team with a shared passion for helping families experience the beauty of God’s creation. Since its launch, Lake has been dedicated to offering more than 40,000 vacation homes by the water across North America and Europe. Using advanced tools and features, Lake is building the next-generation platform for outdoor travel.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers