Toronto-based SaaS startup Altrio has secured $8 million CAD in an all-equity Series A round as it works to digitize global real estate capital markets.
Founded in 2020 by A&S alumnus Raj Singh (BA 2006) (CEO) and Jon Simpson (CTO), Altrio provides a digital-based solution for real estate investors and managers.
Its flagship product, Origin, is a deal management platform that provides insights into an organization’s investment pipeline, owned assets, and proprietary market knowledge. Origin’s users can manage equity and debt transactions in a number of different sectors across the Americas, Europe, and Asia.
“In addition to the significant growth we have seen in our customer base, the ability to secure this investment in just three months at a time when market conditions are particularly challenging is a testament to the value that Origin delivers to real estate investors,” said Singh.
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