Canadian Real Estate Innovator Unreserved Inc. Raises $33.85 Million Seed Round
01/13/22, 3:02 PM
Location
ottawaMoney raised
$33.9 million
Industry
media and entertainment
commerce and shopping
Round Type
seed
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 Info
Location
ottawa, ohio, united states
Additional Info
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.