Insider Brief
- Real estate AI company Mave raised $5 million in seed funding led by Staircase Ventures, with participation from existing investors, to scale its AI platform for brokers and agents.
- The funding will support engineering and product expansion, board and advisor additions, and a partnership with myAbode to reach a nationwide network of over 10,000 realtors.
- Mave is seeing strong traction with the majority of brokers using the platform weekly, thousands of agents onboarding, and plans to expand its team and footprint across North America.
PRESS RELEASE — Mave, a real estate AI company built for realtors and brokers, announced the close of $5 million in seed funding. The round includes notable participation from Staircase Ventures, along with returning investors Relay Ventures, N49P, and Alate Partners. Alongside the launch of Mave’s new AI platform, the funding will accelerate engineering and product expansion while building toward a future where brokerage owners can run their entire business and brand through Mave.
As part of the round, Staircase Ventures Founder and Managing Partner Janet Bannister will join the Mave board. Mave is also adding industry advisors to its growing team, including Natalka Falcolmer, Chief Real Estate Officer at Houseful; Rhoda Rahaii, Former VP of Strategy and Operations at Compass; Karen Yolevski, CEO of Carson Dunlop; Richard Silver, Senior Vice President at Sotheby’s International Realty Canada and Former President of TRREB; and Robbie Goldfarb, Former Product Leader for Meta AI.
In tandem, Mave is also excited to announce its partnership with myAbode and their agent and brokerage services platform to integrate its solution with their 10,000+ realtor network nationwide.
Mave has experienced unprecedented market demand, with over 70% of brokers using the platform every week. Mave is actively onboarding 8,500 realtors, and dozens of Ontario’s major brokerages, including Forest Hill Real Estate, PSR, Right at Home Realty, and many of RE/MAX’s major franchise groups, with another 10,000 agents and 100 brokerages on the waitlist. The company plans to grow its team to 25 people by the end of the year and expand across North America.
“The real estate industry is at a turning point, and I am very excited about how Mave will help realtors and brokers operate their business more effectively and profitably,” said Raz Zohar, Founder and CEO of Mave. “The early traction has been incredible. Mave’s platform has been developed by working hand in hand with the industry, and we’re building towards a future where every realtor has an AI partner to amplify their expertise, not replace it.”
Mave has partnered with realtors and brokers to develop tailored AI solutions that help their operations be more efficient. Mave’s platform collects realtors’ MLS data to build a personalized workflow customized to their brand that is brokerage and board-compliant. From there, Mave’s platform proactively detects when a listing goes live or when a meaningful market moment occurs, and generates a full brand-aligned campaign, delivering a complete strategy without realtors needing to flag basics like price changes or updates.
As one of Canada’s top venture capital leaders, Janet Bannister will help guide Mave’s growth. “AI is transforming every industry, and Mave is leading that change in real estate,” said Bannister, Founder and Managing Partner at Staircase Ventures. “Raz and his team deeply understand the needs of agents and brokers and are building technology that helps them grow faster and smarter with fewer resources.”
“When we met the Mave team, we saw more than great technology. We saw people who truly understand agents. We share the belief that AI should complement and enhance what agents do best. That’s why we’re proud to invest and bring their tools to our platform,” said Bronwyn Smith, CEO at myAbode.
To join Mave’s mission and sign up, visit www.maveai.co
ABOUT MAVE
Mave is an AI platform built to help real estate brokerages support their realtors at scale. Its expanding suite of AI-powered departments gives agents and brokerages access to industry-trained AI experts that grow their brand, streamline operations, and elevate the level of service delivered to clients.
Contacts
MEDIA CONTACT
Lindsay Silverberg
LPR Consulting
lindsay@lprconsulting.ca
416 710 3733
Featured image: Credit: Mave
