Earlier this month, Google Canada announced participants of their 2023 Google for Startups Accelerator Canada program.
Five financial technology firms were selected for the cohort.
Of the five, four are based in Toronto, which is Canada’s largest fintech cluster and among the most formidable worldwide.
The geographical standout on the list is Gryd, a property technology startup headquartered in Winnipeg.
Founded in 2016, the Manitoba prop-tech has developed a suite of products and services designed to deliver increased efficiencies, increased asset value, and reduced costs to property owners, managers, and REITs nationwide.
“We strive to design products that create and capture value for our clients and their tenants by harnessing the power of technology,” the company says.
This includes 3D renders and tours, virtual staging, drone production, and more.
Gryds was built by a “team of innovators who grew tired of the industry’s outdated, cumbersome systems.”
“Our passion at Gryd is fuelled by the positive impact of our solutions across portfolios nationwide,” the company says.
GrydPark is another product from the company. The digital platform for property owners was concocted to optimize profitability of parking assets.
Gryd notes how there will “always be a demand for parking” and also sees a “need for more flexible parking options for commuters and residents.”
“There are 8 spots for every vehicle, yet it always feels like we can’t find parking,” the company laments. “This is the problem with parking systems in North America.”
GrydPark is thus designed to “help you increase the profitability of your parking lot, giving you the financial freedom to re-invest in your business,” says Gryd. “Making use of existing parking inventory creates a new revenue opportunity and fills in a public need by providing convenient, affordable, and reliable parking options.”
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“We take care of all customer service and enforcement for your spots,” the company adds. “Our proprietary GrydPark Portal allows you to manage your spot availability and will encourage you to list during peak demand times for increased revenue potential.”