bidmii announces $1M in pre-seed funding led by Scott McGillivray and the McGillivray Group

Home renovation technology company, bidmii, announces it has raised $1 million to bring their renovation marketplace to homeowners, contractors, realtors and landlords across Ontario.

“bidmii brings the fragmented renovation industry together to make home renovation challenges/horror stories/nightmares a thing of the past ,” said Jon Christensen, CEO of bidmii. “With bidmii, homeowners can easily hire reliable and trusted contractors to complete their projects, while contractors can efficiently connect with qualified homeowners, allowing them to focus on getting the job done.”

Canadian entrepreneur, investor, and HGTV host Scott McGillivray, led the round with participation from Tom Newton (Shopify), Andre Belisle (Home Hardware), and others. This investment brings the company’s total funding to $1.5 million dollars.

“Marketplaces have already transformed so many of the industries in our day to day lives, from food delivery, to transportation, and vacation rentals,” said Scott McGillivray. The home renovation industry generates $80 billion dollars annually in Canada alone. “It’s easy to see the huge potential that bidmii has to better connect and ease the pain points for both homeowners and contractors. This industry is vastly underserved and it’s time for its own face-lift.”

“The bidmii team has developed a compelling solution with a scalable tech stack to improve the renovation experience for homeowners while eliminating unnecessary expenses for contractors,” said Tom Newton, VP of Engineering, Shopify. “With their aggressive development pipeline, there is a clear path for bidmii to become the de facto lead generator and payment processor for renovation contractors.”

Andrew McGillivray, President of the McGillivray Group, and Tom Newton, Vice President of Engineering at Shopify, will also join bidmii’s Advisory Board.

About Bidmii International Inc.

Bidmii is a Toronto-based tech start-up dedicated to revolutionising the home improvement industry by making it easy for homeowners to find contractors quickly and pay for their services securely. They provide an online marketplace where homeowners can easily search for contractors based on price, ratings, reviews and more. Their payment protection system ensures that customers receive the services they pay for, as well as access to an embedded financing solution. With Bidmii, home improvement projects are now easier and more affordable than ever.

For more information about Bidmii, please visit https://bidmii.com, or connect with us on Facebook, Instagram, Twitter, or LinkedIn.