Altrio, a Toronto, Canada-based provider of software and data solutions to the global real estate investment and lending industries, raised CAD$8m in Series A funding.
The round was led by Whitecap Venture Partners with participation from Mantella Venture Partners, Alate Partners, and Colliers. Concurrent with the funding round, Shayn Diamond, partner at Whitecap Venture Partners, will join the Altrio board of directors.
The company intends to use the funds to double its headcount from 26 today to more than 50 by the end of 2022, and to accelerate the development of its product roadmap.
Led by Raj Singh, CEO, Altrio is a provider of software and data solutions to the global real estate investment and lending industries. The company’s data-driven deal management platform, Origin, helps investors and lenders of all sizes harness proprietary and market data, along with process automation, to build winning portfolios.
The deal management solution is used by customers with combined assets under management of more than $1 trillion, including two of the world’s three largest real estate investors. Origin’s users manage equity and debt transactions in every sector, across the Americas, Europe, and Asia.