# AvenueHQ Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avenuehq-technology

- Industry: Marketing/Advertising
- Headquarters: Vancouver, Canada
- Website: www.avenuehq.com
- Total disclosed funding: $4.5M
- Latest round: Seed (May 24, 2018)
- Investors on record: 3

## About

AvenueHQ Technology Inc. offers tailored online marketing solutions for real estate professionals, focusing on enhancing their digital presence and lead generation through comprehensive services.Founded in 2013 and headquartered in Vancouver, Canada, AvenueHQ Technology Inc. specializes in online marketing for the real estate sector. The company has undergone strategic developments to refine its offerings. CEO Steven Mulcahy leads the firm, which has raised a total of USD 4.5 mn through a Seed funding round led by Rhino Ventures and includes investors such as BDC Capital and Pallasite Ventures. The most recent funding round occurred on May 24, 2018, following a total of 2 deals.Avenue specializes in providing comprehensive online marketing solutions tailored specifically for real estate professionals. Their core offerings include custom-built websites, social media management, and targeted advertising services across platforms such as Facebook, Instagram, and Google Ads. The Avenue team manages the entire online marketing process, allowing real estate agents to focus on their core business activities without needing to engage with technical aspects or coding. The services aim to enhance visibility and lead generation for real estate professionals by connecting them with potential clients who are actively searching for properties online. Avenue primarily serves the North American real estate market, focusing on both urban and suburban areas where real estate professionals seek to bolster their digital presence and marketing strategies.Avenue generates revenue through a subscription model that encompasses various service packages designed for real estate professionals. Clients typically engage with Avenue by selecting a marketing package that aligns with their business goals, which may include website development, social media management, and advertising services. Each package includes a set fee structure based on the services provided, facilitating a predictable revenue stream for the company. For example, clients may subscribe to a tiered pricing plan that incorporates custom website design and ongoing marketing support. This model enables Avenue to establish long-term partnerships with its clientele, focusing on driving growth and delivering measurable results for their businesses.AvenueHQ Technology Inc. is poised for future growth with plans to introduce new products tailored to the evolving needs of real estate professionals, though specific launch dates are not disclosed. Additionally, the company aims to expand its reach into new geographic markets, focusing on further penetration within North America. The recent Seed funding of USD 4.5 mn will support these initiatives, facilitating the development of new marketing solutions and enhancing the company's operational capabilities.

## Funding rounds

- Seed, May 24, 2018, $4.5M — BDC Capital, Pallasite Ventures, Rhino Ventures

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- Pallasite Ventures (https://capitalatlas.ai/funds/pallasite-ventures) — Seed
- Rhino Ventures (https://capitalatlas.ai/funds/rhino-ventures) — Seed
