We’re happy to announce that Ratio.City has raised $1M in our seed round. We’ve really got some momentum!
The funding was led by 2048 Ventures, with participation from early customers and strategic investors in the Real Estate Industry.
Alex Iskold of 2048 Ventures says, “Modern cities are rapidly growing, and are generating enormous amounts of data. Ratio.city is building a platform and API that enables real estate developers, city planners, governments and businesses to search, plan and make decisions using public and private data sets. We are thrilled to back Monika, and Erin who have a massive vision and strong founder market fit in this exciting space.”
We’re looking forward to putting this seed funding to good use, by growing our sales team (welcome Emily and Dani!), expanding the tool geographically (York Region here we come!), and augmenting the analysis capabilities of the tool.
Our development team is already testing the new multi-massing function, which will allow users to divide a parcel of land into pieces and mass multiple buildings on a single site. We can’t wait to show our customers this new function.
With this funding also comes the deep industry experience and mentorship of our investors. Their enthusiasm for our company will propel Ratio.City to great places in the next year.
Here’s a link to our fancy official press release.
We can’t wait to see what the future will bring!