ResVR, a Calgary, Canada-based property technology startup, has secured a total of CAD 1.7 million through a series of financings.
The round includes $1.43 million in pre-seed and seed funding and $270,000 in non-dilutive capital.
Investors
The round was led by Inverted Ventures and Weave VC, with participation from Bluesky Equity, InRoad Ventures, ThresholdImpact, Startup TNT, and a Canadian-based group of angels including Aaryn Flynn, CEO of Improbable Games. The non-dilutive capital was provided by Alberta Innovates ($170,000) and NRC-IRAP ($100,000).
Inverted Ventures is a single-family office with multiple businesses under its umbrella. They invest in seed and pre-seed stage venture capital as well as running a proprietary long-short trading business.
Weave VC is a venture capital firm that provides funds to Canada-based companies. It was founded in 2022 and is based in Vancouver, Canada.
ResVR Use of Funds
The company will use the funds to scale its operations and expand its customer base.
About ResVR
Founded in 2023 and led by CEO Nathan Nasseri, ResVR offers a 3D visualization platform that allows homebuilders and developers to showcase their designs and upgrades, helping homebuyers visualize and feel confident in their purchase decisions. Their team is located in Canada, Europe, Asia, and Brazil, allowing them to work around the clock to develop projects rapidly and support their clients.
Funding Details
Company: ResVR Inc.
Raised: CAD 1.7M
Round: Pre-Seed and Seed
Funding Month: June 2024
Lead Investors: Inverted Ventures, Weave VC
Additional Investors: Bluesky Equity, InRoad Ventures, ThresholdImpact, Startup TNT, Aaryn Flynn, Alberta Innovates, NRC-IRAP
Company Website: https://resvr.com/
Software Category: Sales and Design Software
Source: https://www.globenewswire.com/news-release/2024/06/06/2894508/0/en/ResVR-Announces-Oversubscribed-Financing-Seed-Round-Of-1-7M-CAD-To-Expand-Visualization-Software-For-Homebuilders.html