Courtney Cooper

TORONTO, CANADA–Amid the backdrop of a fast-growing real estate market and evolving technologies, Alate Partners recently launched with $40 million in seed financing. Alate works with companies ranging from early stage startups to mature companies who develop platforms which enhances how real estate is conducted.

“Technology is starting to play a bigger role in commercial real estate,” says Courtney Cooper, Director of Corporate Development, Alate Partners. “There is a lot of opportunities in the market including technologically thinking about how buildings are managed and how owners/property managers can seamlessly interact with their tenants.”

“Commercial real estate is ripe for new technology today,” says Jake Cassaday, Associate Partner, Relay Ventures; Director, Alate Partners. “Everyone has a smart phone in their pocket — maintenance workers, property managers, and owners. With technology at our fingertips, quantifiable and actionable data is accessible and we can quickly determine a building's water quality, the lifetime of the HVAC units plus determine specific building info which will allow property managers to promptly make decisions.”