BuyProperly, a Toronto, Canada-based AI-driven fractional real estate investing platform, closed $2M in funding.
The round was led by Nurture Ventures with follow-on participation from FastBreak Ventures and notable angel investors.
The company intends to use the funds to further develop its AI-driven property identification model, expand its national presence with properties in Ontario, Quebec, Nova Scotia and New Brunswick, and add properties in the US to its proprietary distribution network.
Founded in 2019 by Khushboo Jha, CEO, BuyProperly is a fractional real estate investing platform enabling individuals to invest in real estate for as little as $2,500.
BuyProperly’s proprietary AI evaluates over 1.5Million data points to identify high yield real estate opportunities that can deliver above average returns.