Real Matters, a Toronto, Canada-based provider of property information and insights to the real estate lending & insurances markets, secured an additional $60m in funding.
Whitecap Venture Partners, a diversified early stage venture capital fund investing in high growth companies across Information and Communications Technology (ICT), Med Tech and Food Tech, was one of the investors.
The company intends to use the funds to expand its reach through strategic acquisitions.
Led by Jason Smith, President and CEO, Real Matters provides a cloud-based technology platform that offers property information and insights to the real estate lending & insurances markets. The company serves the North American mortgage industry through its Solidifi and Southwest Financial Services offerings, and the property and casualty (P&C) insurance industry through its iv3 business. Leveraging its cloud-based technology platform, redihive™, it provides its customers with subject matter expertise gathered through partnerships with more than 28,000 field agents, comprised of Solidifi independent appraisers as well as iv3 insurance inspectors.
Established in 2004, the company Real Matters has its U.S. head office in Buffalo, NY.