VendorPM raises $6M to Scale its Marketplace for Property Managers and Service Vendors

by Innovation Factory
February 2, 2022

ORIGINAL POST, Aisha Malik, techcrunch.com, February 1, 2022

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VendorPM, a Toronto-based marketplace that connects property managers with reputable vendors, has raised $6 million in seed funding led by Bessemer Venture Partners. The software-enabled marketplace aims to modernize the way property managers manage, source and procure service vendors. The startup currently manages a two-sided marketplace across Canada in support of both property managers and service vendors.

The platform supports over 400 building services across maintenance, operations, capital expenditures and professional services. In the past two years, VendorPM has scaled its business to cover more than 5,000 buildings, 30,000 vendors and 100 property management firms, including notable relationships with BentallGreenOak, Cushman & Wakefield | Stevenson and Avison Young.

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Original Article on Innovation Factory

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