Mave Raises $2M CAD in Pre-Seed Round 

by Kay Aloha Villamor in October 25th, 2024

Mave, a Toronto, Canada-based AI assistant designed for real estate agents and brokers, has raised $2 million CAD in pre-seed funding and launched its beta program. 

Investors 

The funding round was led by Relay Ventures and N49P, with contributions from Alate Partners, Clarim Ventures, Gambit Partners, and several angel investors, including a past president of the Toronto Real Estate Board. 

Relay Ventures is an early-stage venture capital firm that invests in passionate entrepreneurs disrupting and creating new markets through mobile technologies. Relay exclusively focuses on mobile software and connected Internet solutions, offering a unique network and resources to help founders build world-class companies. With offices in Toronto and Calgary, the firm actively operates across North America. 

Founded in 2019, N49P is a venture capital investment firm based in Toronto, Canada, focusing on idea to seed-stage Canadian technology startups. 

About Mave 

Mave is an AI startup that empowers real estate agents and brokerages to deliver exceptional client service and grow their brands. As an AI assistant for real estate, Mave automates tasks and manages the backend marketing and operations of real estate transactions, freeing agents to provide excellent customer service, acquire new clients, and grow their businesses.  

Funding Details 

Company: Mave 

Raised: CAD$2.0M 

Round: Pre-Seed 

Funding Date: October 2024 

Lead Investors: Relay Ventures, N49P 

Additional Investors: Alate Partners, Clarim Ventures, Gambit Partners 

Company Website: https://www.maveai.co/  

Software Category: Real Estate AI Assistant 

Source: https://www.businesswire.com/news/home/20241024473560/en/ 

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