Vancouver’s Spark RE Technologies has raised a USD $5 million Series A round led by BDC Capital and Pender Ventures.
Originally created as an industry-specific CRM, Spark is transforming the way new multi-family real estate is sold by offering a comprehensive suite of products that eliminates the need for multiple platforms.
Today, real estate developers and project marketing firms across North America use Spark to sell their projects more intelligently resulting in the company’s accelerated growth over the past two years — doubling in both annual revenue and headcount.
“This is a huge step for both Spark, and the industry. From day one, we have always strived to provide tangible value to our clients. As a direct result, we’ve seen developers sell out projects 3x faster, simply by implementing our platform. Another advantage is the ability to execute hundreds of contracts completely digitally in a single day,” said CEO and Co-founder Simeon Garratt.
“Our intention is to own the entirety of new development transactions, both in North America, and globally.”
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