Real Matters, a Markham, Ontario and a U.S. office in Chicago, Illinois-based provider of property insights to the North American mortgage and property and casualty (P&C) insurance industries, has completed a C$22m equity and debt financing.
BMO Capital Markets served as sole agent for the financing.
The company intends to use the funding to continue to grow organically and through acquisitions.
Established in 2004 and led by President and CEO Jason Smith, Real Matters serves the North American mortgage industry through its Solidifi offering and the property and casualty (P&C) insurance industry through its iv3 CUS business.
Leveraging its cloud-based technology platform, redihive™, Real Matters creates insights into residential and commercial properties providing its customers with subject matter expertise gathered through partnerships with more than 18,000 field agents.
The company currently serves top mortgage lenders in the United States, top Canadian banks and numerous North American insurance companies.