# Get ResQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/get-resq

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.getresq.com
- Total disclosed funding: $47M
- Latest round: Series A (Aug 18, 2022)
- Investors on record: 7

## About

Get ResQ Ltd. provides a facility management platform that enhances repair and maintenance operations, primarily in the hospitality sector, by connecting facility operators with vetted trades businesses for efficient service delivery.Founded in 2018 by Kuljeev Singh and Ryan Burch, Get ResQ Ltd. operates from its headquarters in Toronto, Canada. The company offers a facility management platform that integrates software with a network of trades businesses to improve repair and maintenance workflows. In August 2022, Get ResQ Ltd. raised USD 39.00 mn in a Series A funding round with investments from Canvas Ventures, Golden Ventures, Homebrew, Inovia Capital, and Tiger Global Management. This funding amount equals the total raised to date, which is USD 39.00 mn, and the company has completed 4 deals since its inception.Get ResQ offers a robust facility management platform designed to enhance the efficiency of repairs and maintenance in various industries, particularly within the hospitality sector. The core product integrates powerful facility management software with a network of vetted trades businesses to streamline operations. By facilitating communication between facility operators and trades vendors, ResQ addresses challenges such as managing multiple trades, tracking progress, and ensuring timely payments. The platform allows users to create and manage work orders, track asset history, and optimize decision-making regarding repairs and replacements. ResQ primarily serves clients in the United States, Canada, and the United Kingdom, focusing on both facility operators looking for reliable trades vendors and trades businesses seeking consistent work from reputable clients.ResQ generates revenue through a transaction-based model enabling seamless financial interactions between facility operators and trades businesses. Clients utilize the platform to create work orders and manage maintenance tasks, leading to direct payments for services rendered. The payment structure supports fast transactions, with terms allowing trades vendors to receive payments as quickly as seven days post-job completion. While specific pricing plans are not disclosed, the platform's design suggests a potential subscription or transaction fee structure that enhances value for both sides of the marketplace. This includes support for invoicing, client communications, and scheduling, thereby fostering long-term partnerships within the hospitality and trades sectors.Get ResQ plans to leverage its recent Series A funding of USD 39.00 mn raised in August 2022 to expand its product offerings and enhance its platform capabilities. Initiatives include the development of new features aimed at improving user experience and expanding its market presence. The company is focusing on entering new geographic regions, including additional markets in the United States and Canada, aiming for expansion by the end of 2023. The funding will facilitate these growth strategies and support the company’s ongoing operations.

## Funding rounds

- Series A, Aug 18, 2022 — FJ Labs
- Series A, Oct 12, 2021, $39M — Inovia Capital, Tiger Global Management, Golden Ventures, Homebrew, Canvas Prime
- Seed, Jun 22, 2021, $7.5M — Inovia Capital, Yum! Brands, Inc., Golden Ventures, Homebrew

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed, Series A
- Yum! Brands, Inc. — Seed
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A