iRestify, co-founded by A&S alumnae, closes $6M to bring building maintenance solution to US

March 8, 2022 by BetaKit Josh Scott

Toronto-based proptech startup iRestify has raised $6 million CAD to take its “all-in-one” cleaning and maintenance software for property managers south of the border.

iRestify was co-founded in 2016 by A&S alumnae, Charlotte Gummesson (BA 1995) and co-CEO Erifili Morfidis (BA 1993), who previously worked together at Teleperformance. iRestify offers a cleaning and facilities management platform that helps property managers remotely book and automate their cleaning and maintenance operations. The company provides the underlying tech and maintenance and cleaning teams capable of serving enterprise-level, multi-residential, and commercial properties to a list of clients that include Minto and Canadian Urban.

The round follows a series of pivots for iRestify, which got its start serving residential properties before shifting its focus to individual tenant spaces like dental offices and restaurants before COVID-19

“When the pandemic hit, a very large portion of the business went away because everything was closed,” iRestify co-founder and co-CEO Charlotte Gummesson told BetaKit in an interview. “That’s when we said we need to do something different, and we need to do it very quickly.”

Read the full article here