Unreserved Raises $33.85M in Seed Funding

Unreserved

Unreserved, an Ottawa, Ontario, Canada-based PropTech company, secured $33.85m in seed funding.

The round was 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, Simon Dean, Jason Chapnik, and numerous real estate professionals.

Led by Matthew Hoar, President, Unreserved provides a platform that addresses consumers’ biggest pain points when buying and selling a home by leveraging property auction technology.

The technology platform allows 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.

FinSMEs

19/01/2022