Adaptive Shield: Raises $4M in Seed Funding

  • iRestify, a Toronto, Canada-based provider of a daily facilities management operations platform, raised $2.4m in seed funding
  • The round was led by Boston based Converge, with participation from Birchmere Ventures and Export Development Canada
  • Then the funding will used to expand geographically in North America
  • iRestify provides a platform for property management companies to manage their cleaning and maintenance services
  • Through the app, a property manager can get live updates on the cleaning crews progress and perform remote quality inspections on buildings
  • The app also has image sharing and chatting features for quick and easy communication
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Brink’s Strengthens Position with $6.6B NCR Acquisition

Brink's expands its services through strategic acquisition of NCR's Atleos.Highlights: Brink's acquires NCR Atleos for $6.6 billion.The deal...

Barclays Strengthens Blockchain Payments Platform Discussions

Bank explores blockchain vendors for enhanced payment solutions.Highlights: Barclays explores blockchain technology for payments.Bank engages with various vendors...

Lloyds Tightens Bank Account Opening Process in Branches

The bank limits account openings amidst ongoing service updates.Highlights: Lloyds will restrict opening some bank accounts in branches.The...

Jack Dorsey’s Block to Lay Off 4,000 Employees as AI Era Advances

Significant workforce reduction reflects shifts in technology focus.Highlights: Block announces 4,000 layoffs amid evolving AI landscape.The decision comes...