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Brokrete: Closes US$3M Seed Funding

Brokrete Closes US$3M Seed Funding

  • Brokrete, a Toronto, Canada-based provider of an e-commerce platform for suppliers in the construction industry, called Storefront, closed a US$3M seed financing round
  • The round was led by Xploration Capital and was joined by new strategic investors, existing investors and key employees
  • The company intends to use the funds to further accelerate its growth in the North American and European markets
  • With financial and operational ERP integrations, Storefront can operate stand-alone or alongside integrated products
  • The company serves a global customer base of suppliers and contractors across three continents
  • Earlier this year, The company was backed by Y Combinator after graduating from its spring cohort
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