Ownright (previously Doormat), an Ontario-based law service for real estate transactions, announced it has successfully closed a C$4.5 million seed funding round led by Alate and Relay Ventures, bringing the total capital raised to $6.5 million CAD. Along with accelerating growth, this latest funding round will enhance the client experience through expanded technological capabilities, solidifying Ownright’s position as the go-to legal solution for homebuyers and sellers.
Launched in 2023 by Robert Saunders, Joel Fox, and Benjamin Berry, the company grew from a team of three to 19 full-time employees, has facilitated over a thousand transactions, and increase its volume four times annually. And the company has processed over $750 million in transaction value and is on track to surpass the $1 billion milestone by the end of the year.
As part of the transformation, Ownright is introducing a modernized digital experience with improved features that prioritize client experience, ensuring more efficient and transparent real estate transactions.
The key services include:
1.) Property Closings – Ownright streamlines property closings for home buyers and sellers with a clear, step-by-step process, real-time tracking, and instant access to legal experts. Clients benefit from flexible communication, exclusive service promotions, and a custom closing day experience to make homeownership seamless and stress-free.
2.) Mortgage Refinancing – Ownright simplifies mortgage refinancing for homeowners with fast processing, transparent pricing, and expert legal support. Homeowners can easily navigate complex terms, ensuring a smooth and efficient transaction.
3.) Status Certificate Reviews – Ownright provides thorough, fast-turnaround status certificate reviews for condo buyers. Clients receive expert legal insights, helping them understand financial obligations and make confident purchasing decisions.
KEY QUOTES:
“Our rebrand to Ownright goes beyond a name change—it’s our commitment to a smarter, seamless real estate law experience. Gone are the days of endless email chains. With our streamlined processes, clients upload documents remotely, and our legal team handles the rest. We’re expanding our referral network of real estate agents, mortgage brokers, and other Proptechs to better reach the clients who benefit from our informative and supportive approach. We’re raising the bar for trust, transparency, and efficiency in real estate law.”
– Robert Saunders, CEO of Ownright
“We believe Ownright is solving a critical gap in the market by making real estate law more transparent and accessible to home buyers and sellers. Their approach combines technology with human expertise in a way that no traditional law firm has been able to achieve.”
– Courtney Cooper, Partner at Alate
“At Ownright, we believe legal services shouldn’t feel intimidating—they should feel like getting trusted advice from a friendly neighbor. Our rebrand embodies that. Friendlier colors, human-centered illustrations, photography that’s consciously more diverse—all of these components enforce a brand that makes us more approachable to homebuyers, investors, and agents.”
– Mateo de Dios, Brand Designer at Ownright
