# iRestify

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/irestify

- Industry: Business Support Services
- Headquarters: Toronto, Canada
- Website: www.irestify.com
- Total disclosed funding: $8.1M
- Latest round: Seed (Mar 8, 2022)
- Investors on record: 7

## About

iRestify Inc. provides an integrated digital platform for property managers, facilitating effective building cleaning and maintenance operations across multiple properties with robust remote management features.Founded in 2016 and headquartered in Toronto, Canada, iRestify Inc. offers property management solutions that streamline cleaning and maintenance tasks. The company has raised a total of CAD 6.00 mn in funding through a Seed round co-led by Gutbrain Ventures and PBJ Capital, along with participation from Birchmere, Converge, and Export Development Canada. The latest funding round occurred on March 8, 2022, marking a pivotal moment in their growth strategy.iRestify offers an integrated, end-to-end solution designed specifically for property managers, focusing on building cleaning and maintenance operations. The company's primary product is its digital platform, which enables users to oversee cleaning services across multiple properties simultaneously. This platform allows for remote management through features such as interactive digital checklists, GPS tracking, and in-app communication, which facilitate real-time updates and oversight of cleaning tasks. iRestify serves a diverse clientele that includes property management companies overseeing multifamily residences, commercial office buildings, retail spaces, and healthcare facilities across North America. By providing fully-vetted cleaning experts and quality assurance audits, iRestify aims to enhance tenant satisfaction and operational efficiency, ultimately streamlining processes for property managers and allowing them to focus on delivering superior resident experiences.iRestify’s revenue model centers around a subscription-based structure, wherein property management companies subscribe to the platform to access its suite of cleaning and maintenance services. Clients can manage their cleaning operations digitally, scheduling regular services as well as last-minute requests through the platform. The pricing structure for services is established based on the specific needs and portfolio sizes of clients, ensuring that service delivery is tailored to each customer's requirements. This transactional relationship enables property managers to maintain high standards of cleanliness and operational efficiency while benefiting from transparency and accountability through the platform’s reporting features. The company's commitment to quality service is reinforced by the in-house quality assurance team that inspects work upon completion, providing an additional layer of assurance to clients regarding the standard of service delivered.In March 2022, iRestify Inc. raised CAD 6.00 mn in Seed funding to support its expansion plans. The company aims to enhance its presence across the United States, specifically targeting markets such as New York, Boston, Chicago, and Minnesota. The recent funding will be instrumental in these expansion efforts, allowing iRestify to develop its capabilities and reach new customers in these strategic locations.

## Funding rounds

- Seed, Mar 8, 2022, $4.7M — Export Development Canada, Birchmere, Converge, Gutbrain Ventures, PBJ Capital
- Seed, Aug 11, 2020, $2.4M — Export Development Canada, Birchmere, Converge
- Seed, Sep 25, 2018, $1M — Maple Leaf Angels, Birchmere, Good News Ventures

## Investors

- Maple Leaf Angels — Seed
- Birchmere (https://capitalatlas.ai/funds/birchmere) — Seed
- Good News Ventures (https://capitalatlas.ai/funds/good-news-ventures) — Seed
- Export Development Canada — Seed
- Converge — Seed
- Gutbrain Ventures (https://capitalatlas.ai/funds/gutbrain-ventures) — Seed
- PBJ Capital (https://capitalatlas.ai/funds/pbj-capital) — Seed