SmartReno raises $1.6 mln from angel investors, buys Zoomission
Montréal-based SmartReno, a technology platform that helps people find qualified renovation contractors, has completed a third round of financing. The company secured $1.6 million from members of Anges Québec, an angel investment group, and Anges Québec Capital Fund. SmartReno said the investment's proceeds will be used to continue its growth in Canada and internationally. The company also announced the acquisition of Zoomission, a local competitor. With the buy, SmartReno estimates it now handles over 40,000 project requests per year, with an aggregate value of more than $200 million.
24 November 2015•3 mins read
