U-Rite is a Toronto-based startup focused on simplifying the underwriting process for commercial real estate professionals worldwide. The company offers Excel-based underwriting and valuation software as well as a managed underwriting service. Powered by U-Rite’s cloud engine, their software optimizes the underwriting workflow process and is claimed to be more than 70% faster than competing platforms. Their Underwriting-as-a-Service offering aims to free professionals to spend more time on value creation activities. Founded in 2019, U-Rite is making strides in Enterprise Software and SaaS industries with a mission to transform the real estate industry. Their last investment was the Pre Seed Round led by U investment on 01 October 2021, with Colibri Equity Management as the investor. U-Rite's team is comprised of expert real estate professionals dedicated to revolutionizing the industry's approach to underwriting. The combination of their innovative technology solutions and dedicated team positions them as a promising player in the real estate tech space.
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