WebsiteBox secures growth capital from BDC

WebsiteBox Corp. has secured a new debt financing from BDC Capital Growth & Transition Capital. Financial terms were not disclosed.

WebsiteBox intends to use new funds to further accelerate revenue growth and solution offering.

Thornhill, Ontario based WebsiteBox is a technology company offering feature-rich, mobile-friendly real estate websites fully integrated with marketing automation capabilities and MLS listing data integration – exclusively build for real estate professionals – for a market leading price of $99.

“WebsiteBox is a great example of a successful, high-growth technology firm fueled by talented and committed entrepreneurs,” said Enes Kula of BDC Capital. “After four successful years in operation, we believe WebsiteBox is at an inflection point having created a robust technology infrastructure as well as strong alliances with hundreds of regional MLS associations, covering more than 80% of real estate population in North America. We are excited to support WebsiteBox’ growth and look forward to participating in its ongoing success.”

“We have built the next generation marketing platform for real estate professionals at an extremely competitive price point,” stated Peyman Aleagha, founder and CEO of WebsiteBox. “Our primary objective is to remove all the pain and cost associated with launching and managing a mobile-friendly website with digital marketing capabilities. A new agent can have a personalized website in less than 10 minutes and WebsiteBox will look after the rest including cloud hosting for life, backup to MLS data integration, analytics and live support – all for a one-time fee of $99. We are excited to continue our journey and look forward to a long and successful partnership with BDC Capital.”

photo credit: WebsiteBox

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.