RBC Ventures acquires venture-backed Smart Reno
RBC Ventures has acquired Smart Reno, a Montréal-based online home renovation marketplace that connects consumers and renovation professionals, for an undisclosed amount. Founded in 2012 by CEO Andrei Uglar, Smart Reno currently operates in Alberta, Ontario and Québec. The company previously raised financing from Anges Québec, Anges Québec Capital Fund and 500 Startups Canada. RBC Ventures is a startup creation, acquisition and investment affiliate of Royal Bank of Canada. It said Smart Reno will be given access to assets and resources to help it scale operations in Canada, expand capabilities, and improve the user experience.
30 May 2019•3 mins read
