The raise brings total funding for the AI company to $15.4 million, according to PitchBook. Local Logic’s platform, which uses data to measure demand for real estate assets, is used by the likes of Sotheby’s, Zillow and Realtor.ca, among others. Toronto-based GroundBreak Ventures led the round, with participation from Shadow Ventures, BDC Capital, Jones Boys Ventures, Cycle Capital and Desjardins Capital. (BetaKit, The Logic)
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