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SmartReno Acquires Competitor, Raises Angel Funding

SmartReno has acquired Zoomission.

The Montreal-based startup, which specializes in lead generation space for home renovation projects, scooped up Zoomission, its main competitor in the Canadian space, for an undisclosed sum.

The three-year-old company also raised a third round of financing from several angel investors, which it says will be used to fuel further growth.

SmartReno says the current Zoomission site will be maintained and its service offering to both homeowners and contractors will continue to be developed.

“It is with great pride that we make these announcements,” said Andrei Uglar, president and founder of SmartReno. “Thanks to the hard work of our entire team, we accomplished these new steps and we continue to actively work on other projects that will enable SmartReno to offer the simplest, most efficient and most comprehensive service on the market.”

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