Fundz

Urbanimmersive Secures A $0.7M Financing

PRIVATEOct 05, 2023

Amount Raised

$700,000

Round Type

Seed

LongueuilReal EstatePhotography

Description

Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) is pleased to announce having secured a non-brokered private placement of 10,510,500 units at a price of $0.07 per unit for gross proceeds of $735,735. Each unit consists of one common share of the Company and one share purchase warrant entitling the holder to purchase an additional common share of the Company at a price of $0.125 per share until October 5, 2026 (3 years). The proceeds are anticipated to be used for sales and marketing related activities and general purposes

Quick answer

Urbanimmersive raised $700,000 in a Seed round, dated October 5, 2023. Urbanimmersive is based in Longueuil, Quebec, Canada.

How much did Urbanimmersive raise?
Urbanimmersive raised $700,000 in a Seed round on October 5, 2023.
What does Urbanimmersive do?
Urbanimmersive develops and commercializes real estate photography technologies and services focused on redefining industry visual content standards.
Where is Urbanimmersive based and how big is it?
Urbanimmersive is based in Longueuil, Quebec, Canada.
Who are the decision-makers at Urbanimmersive?
Fundz holds 1 contact at Urbanimmersive. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Photography around the same time

Companies in the same sectors as Urbanimmersive that raised within 45 days of this round, from Fundz verified event records.

  • INGENIOUS.BUILD raised $37M (Series A) on November 16, 2023.
  • SwiftConnect raised $10M (Funding Round) on November 14, 2023.
  • SKYX Platforms raised $100K on November 10, 2023.
  • mogul raised $3.6M (Seed) on November 8, 2023.
  • Superhog raised $6.7M (Funding Round) on November 2, 2023.
  • Audience Town, Inc. raised $2M (Seed) on October 31, 2023.

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Company Information

Company

Urbanimmersive

Location

Longueuil, Quebec, Canada

About

Urbanimmersive develops and commercializes real estate photography technologies and services focused on redefining industry visual content standards. The Company all-in-one platform enables high-volume photography businesses to increase operational productivity delivering feature-rich 3D tours and floor plans, leading-edge property websites and high-resolution AI-indexed images. The Company operating segments include software (SaaS), 360 camera hardware and, in a growing number of North American cities, technology-powered real estate photography service business units leading the industry photo-shoots standards transformation. For more information: https://www.urbanimmersive.com.

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