Proptech startup Paraito announced on Monday it raised $2.65 million CAD in equity pre-seed funding. The funding, led by Inovia Capital with participation from Boreal Ventures, aims to enhance its AI-driven platform for automating title searches. Paraito also secured about $650,000 from friends and family. The platform targets labor-intensive aspects of real estate transactions in Québec.
Who else raised in Real Estate and Software around the same time
Companies in the same sectors as Paraito that raised within 45 days of this round, from Fundz verified event records.
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Company Information
Company
Paraito
Location
Montreal, Quebec, Canada
About
Paraito is a Montréal-based proptech startup that uses generative AI to automate laborious parts of real estate transactions in Québec. Its AI-driven platform helps streamline title searches, which are essential for verifying property information. The company aims to alleviate the workload of notaries by allowing them to process more files efficiently. As it currently stands, the platform is available only in French.
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