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

US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025

The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025,...

EU, UK, and Switzerland Strengthen T1 Testing Plan for 2027 Transition

Three regions collaborate on testing ahead of joint financial move.Highlights: EU, UK, and Switzerland announce T1 testing plan.Collaboration...

NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration

New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite...

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...