Insights
Insights
Mave Raises $2M in Pre-Seed Funding
Mave raised CAD$2 million in pre-seed funding and launched its beta program for agents and brokers. The investment was led by Relay Ventures and N49P with participation from Alate Partners, Clarim Ventures, and Gambit Partners, along with several angel and strategic investors.
Courtney Cooper as one of the 10 Gamechangers on Maclean’s 2024 Power List: Housing
Courtney has been recognized “for being a pioneer in a too-traditional industry” by leading impactful investments here at Alate, including PadSplit and Promise Robotics, which have great potential to transform our housing industry.
Pronto Housing Raises $3 Million to Streamline Affordable Housing Compliance
In closing what Pronto calls a “pre-Series A” round of $3 Million, the startup has now totaled $9.5 million since it began raising funding in 2021 to aid in the development of affordable housing.
Alate Partners as one of the Canadian VCs breaking new ground in CVCA’s “The 50”
Alate Partners is honoured to be featured as one of the Canadian VCs breaking new ground in the 2024 “The 50: A Guide to the Canadian Venture Capital Ecosystem” by the Canadian Venture Capital & Private Equity Association (CVCA).
One of Canada’s first female proptech leaders: Courtney Cooper named partner at Alate Partners
Courtney Cooper has become one of Canada’s only female proptech partners. She was recently promoted to the role at Alate Partners, an early-stage venture capital fund specializing in real estate technology.
Promise Robotics raises $20.8 Million Series A to speed up home building with robots
Promise Robotics has closed $20.8 million CADin Series A financing as it looks to commercialize its robotic factory platform. The round was led by Horizons Ventures with participation from Radical Ventures, the Public Sector Pension Investment Board, United Brotherhood of Carpenters, Relay Ventures, and Alate Partners.
Doormat Raises $1.25M in Pre-Seed Funding to make real estate legal services easier
Toronto-based Doormat, which provides real-estate legal services to facilitate the closing of property purchases and sales, has raised $1.25 million CAD in pre-seed funding led by Alate Partners.
Courtney Cooper received 2023 Rising Woman Star Award (VC)
It’s inspiring to see the progress being made towards greater equity and diversity in the private capital industry, and we congratulate Whitney Rockley, Lisa Melchior, Courtney Cooper, and Kristin Smith on their well-deserved recognition as winners of the inaugural Canadian Women in Private Capital Awards.
Our investment in VendorPM
VendorPM is a marketplace that is creating visibility and bringing greater control to property managers and vendors for their everyday operations. For property managers, centralizing and organizing vendors broadens the range of choices, decreases friction, and reduces risk while screening or bidding on these opportunities. For vendors, the platform provides a fulsome toolset to advertise, win, and manage new or recurring business.
Our investment in Altrio
In 2020, Altrio launched their platform, Origin, to help investment teams make more efficient and informed decisions on deals. The platform automates the time-consuming process of extracting data from OMs, overlays market comparables and proprietary data, and organizes investment pipelines. Teams can screen deals faster, collaborate in real-time, and use a more data-driven approach when investing.
Lane and VTS join forces to redefine the future of tenant experience
We are thrilled to share that Lane has entered into an agreement to be acquired by VTS, the commercial real estate industry’s leading leasing, marketing, asset management, and tenant experience platform.
Our investment in Silofit
Alate is excited to announce that we are doubling down on our investment in Silofit, participating in their US$10.25MM Series A, alongside Whitecap Venture Partners and Courtside Ventures.
We are hiring: Venture Analyst (MBA/Masters, 4 month position)
In collaboration with our partners at Relay Ventures, we are looking for two Venture Analysts to join our team for a four-month internship.
Our Investment in Occupier
Alate is excited to be part of Occupier’s journey and invest alongside MetaProp, Second Century Ventures, and other real estate leaders in Occupier’s $5M seed round.
Welcoming PadSplit to the Alate Family
Today, we are excited to announce our participation in PadSplit’s $10MM Series A alongside Core Innovation Capital, Citi, Kapor Capital, Impact Engine, and Cox Enterprises.
Real Estate Industry Leaders Join Alate Partners Advisory Board
Alate Partners has created an advisory board that will play an important role in helping the company identify and scale the most promising real estate technology companies. The Alate advisory board is comprised of nine industry leaders that represent a diverse group of commercial and residential real estate and software companies with expertise in investment, development, asset management, operations, leasing, and technology
We’re hiring! Alate Partners is looking for an analyst / associate to join our team.
Alate Partners recently launched with $40MM in seed capital to support technology companies that are rethinking how real estate is designed, built, and managed. We are looking for an entrepreneurial Analyst to help us scale the business and support our investments and operations – everything from sourcing startups and supporting due diligence to managing our website and social media channels.
Alate Partners Launches with $40MM in Seed Financing from Dream and Relay Ventures
Alate Partners, a new business focused on the property technology (proptech) market, has launched today with $40MM in seed financing. Amid the backdrop of an exponentially growing real estate market and technologies that will drive efficiencies in this sector, Alate will build an ecosystem that brings together leading proptech innovators with influential real estate owners, operators, and managers. Alate will work with companies – ranging from early stage startups to growth companies – that are innovating to accelerate the development and adoption of technologies that enhance or augment how real estate is designed, built, and managed.