1VALET, the smart-building and resident-experience platform built by real estate operators, has announced a new $15 million revolving credit facility with Scotiabank and its wholly-owned subsidiary, Roynat Capital. The facility provides non-dilutive growth capital to accelerate 1VALET’s sales expansion across North America.
Demetrios Barnes, CEO of 1VALET, said, “This facility lets us invest directly in our North American growth, expand our sales capabilities, and continue delivering the technology and service our customers rely on every day. Our focus remains clear: deepen the value we deliver to existing customers, expand our footprint, and bring the 1VALET platform to more multifamily portfolios across North America.”
Matt Tedford, Senior Vice President and Head, Roynat Capital, said, “Our focus is delivering capital solutions that help Canadian companies execute their strategic plans and pursue opportunities for expansion.”
1VALET provides multifamily owners and operators with a unified platform connecting building access, resident experiences, and property operations, consolidating traditionally fragmented building technologies into a single system designed to improve operational efficiency and create more connected resident experiences.
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