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Ownright, formerly known as Doormat, has announced a $4.5 million CAD seed round led by Alate and Relay Ventures. This funding aims to enhance technological capabilities and client experience for their digital real estate law services.

Mar 18, 20254 months ago

Amount Raised

$4.5 Million

Round Type

seed

TorontoLegalReal Estate

Investors

Relay VenturesAlate

Description

Doormat, Ontario’s trusted law service for real estate transactions, has rebranded to Ownright. The company has successfully closed a $4.5 million CAD seed funding round to drive growth and improve client services. The investment will aid in expanding technological capabilities. Ownright aims to solidify its position as a leading legal solution for homebuyers and sellers.

Company Information

Company

Ownright

Location

Toronto, Ontario, Canada

About

Ownright, formerly known as Doormat, is Ontario's trusted law service focused on real estate transactions. The company provides a modernized digital experience, streamlining property closings, mortgage refinancing, and status certificate reviews. Founded in 2023, Ownright aims to make real estate law more transparent and accessible to home buyers and sellers. With a commitment to enhancing client experience through technology, Ownright is setting new standards in real estate legal services.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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