Real Matters, Inc.

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Real Matters, Inc. - overview

Established

2004

Location

Markham, ON, Canada

Primary Industry

Software

About

Real Matters, Inc. is a technology-driven company that provides residential real estate appraisal and title services, connecting mortgage lenders with independent professionals through its proprietary platform. Founded in 2004 in Markham, Canada, Real Matters, Inc. specializes in real estate appraisal and title services.


The company has undergone significant growth and operational expansion, culminating in an IPO in May 2017. Brian Lang is the current CEO. Real Matters has successfully executed 10 deals up to the most recent deal in May 2017, where it raised USD 156. 8 mn through the IPO.


Real Matters Inc. specializes in providing comprehensive residential real estate appraisal and title services aimed at mortgage lenders throughout the United States, as well as appraisal and insurance inspection services in Canada. The company operates a proprietary technology platform that functions as a marketplace, facilitating competition among independent field professionals including appraisers, property inspectors, notaries, abstractors, and closing agents. This platform is designed to enhance service quality, improve turnaround times, and elevate overall performance in the appraisal and title service sectors.


Key customers include mortgage lenders and financial institutions in the U. S. and Canada, targeting the needs of homebuyers and homeowners who require reliable appraisal and title services during real estate transactions. Real Matters generates revenue primarily through its technology-driven platform that connects service providers with clients in the mortgage lending sector.


The structure of transactions typically involves B2B relationships, where mortgage lenders engage the company for appraisal and title services required in the loan origination process. Clients pay for these services based on agreed-upon fees for each completed appraisal or title transaction, reflecting the level of service and the complexity of the work involved. The ongoing engagement with lenders represents a recurring revenue model, further solidifying Real Matters’ position in the marketplace. Following its IPO in May 2017, where Real Matters, Inc.


raised USD 156. 8 mn by selling 12. 10 million shares at USD 13 per share, the company plans to enhance its platform capabilities and expand into new geographic markets. The funds raised will support the development of new products aimed at improving service delivery.


Specific expansion targets have not been outlined, but growth in service offerings and market reach is expected.


Current Investors

Kensington Capital Partners, Radar Capital, Wellington Financial

Primary Industry

Software

Sub Industries

Data Centers, Mortgage Banking, Sales & Marketing Software, Browser Software & Plug-ins, Analytics & Performance Software, Accounting/Finance Software

Website

www.realmatters.com

Verticals

Big Data, Cloud Computing

Company Stage

Mature

Total Amount Raised

Subscriber access only

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