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Company News

Jun 1, 2023

Announcing our $1.25M CAD pre-seed fundraise

2 minute read

Today, we’re excited to announce the completion of a $1.25M CAD pre-seed funding round for Doormat! This funding will help us bring much-needed simplicity and ease to the real estate buying and selling process in Canada. We had so many amazing investors come on board, including Alate Partners, The LegalTech Fund, Erin Bury of Willful, and Brandon Chu formerly of Shopify, just to name a few.

In Canada, a legal professional is an essential part of a real estate transaction, and yet, this component of the industry hasn't kept up with the technological advancements seen in other industries. At Doormat, we’re on a mission to provide Canadian homeowners, home buyers and home sellers with a better option for their legal real estate needs. Through our online platform, we bring transparency and simplicity to legal real estate services - from home buying and selling to mortgage refinancing to property ownership changes, enabling clients to feel confident and informed. With Doormat, Canadians can tackle the tedious legal tasks involved in the real estate process all from the comfort of their own home. 

"When I purchased my first property, I wasn't aware that I needed a real estate lawyer, and once I went through the lengthy process of finding one, I was confused and uncertain about the entire thing." said Robert Saunders, our CEO and Co-Founder. "This confusion inspired the creation of Doormat, as we set out to simplify the real estate journey. By addressing the critical need for accessible legal expertise in property transactions, Doormat empowers home buyers and sellers with the confidence and assurance they deserve. With the housing market slowly experiencing a rebound, we want Canadians to have access to a real estate tool kit and Doormat is a part of that. We are igniting change, driven by a disruptive passion to redefine the way we navigate the world of real estate."

To our past and future clients, thank you for choosing Doormat! This funding will help us to make our service even better, as we strive to make your Doormat experience the best that it can possibly be. If you are a current client of ours, this funding won’t disrupt your experience at all. We’re more committed than ever to you and your needs. Stay tuned for more exciting updates and we can’t wait for you to enjoy our ever-improving service!

To our investors, we want to thank you for your belief in us! We are passionate about bringing real change to the real estate law industry and we’re grateful that you support our mission. We’re excited to work with you to build Canada’s real estate lawyer!