logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Canadian Real Estate Innovator Unreserved Inc. Raises $33.85 Million Seed Round

Jan 13, 2022almost 4 years ago

Amount Raised

$33.9 Million

Round Type

seed

OttawaMedia And EntertainmentCommerce And Shopping

Description

PropTech innovator Unreserved today announced that it has secured $33.85 million in seed funding led by Ryan O’Connor, who took his digital auto auction company E INC (TSE: EINC) public at a valuation of more than a billion dollars earlier this year. Unreserved addresses consumers’ biggest pain points when buying and selling a home by leveraging their auction technology. The platform provides 100% transparency to buyers while maximizing the upside for sellers. Investors in the round include O'Connor, former President of Royal Lepage, Simon Dean, technology investor Jason Chapnik of Intercap, and numerous real estate professionals.

Company Information

Company

Unreserved

Location

Ottawa, Ohio, United States

About

The Unreserved technology platform is paving the way for a transparent way to buy and sell homes allowing buyers to bid on homes in a real-time online auction environment, removing blind-bidding and bully offers from the equation. In addition, Unreserved is a full-service auction company, offering staging, marketing, and promotion to attract qualified buyers and interested sellers. Unreserved is privately held and is based in Ottawa.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech