Warehousing
WareMatch Secures $2M Funding for International Expansion
Montréal-based proptech company WareMatch has successfully raised $2 million CAD in funding to fuel its international expansion efforts. The recent funding round was spearheaded by the American private equity firm Fit Ventures, with additional participation from notable investors such as Dubai-based Esanjo Capital, UK’s Farfill, A&S Holdings, and TankOne Medical.
Strategic Moves Towards Global Expansion
Founded in January 2025 by Ryan Kalisky, Ben Toulch, and Rahul Bains, WareMatch aims to modernize the warehouse booking process through its innovative platform. Often likened to an Airbnb for warehouses, the platform facilitates connections between customers and third-party logistics (3PL) providers. These providers can market their space, services, and certifications through WareMatch to meet the diverse needs of businesses seeking warehouse solutions.
With the new capital infusion, WareMatch plans to extend its reach beyond North America, targeting strategic growth across Europe, the Middle East, North Africa, Australia, and the Asia Pacific regions. Particularly, strategic investor Farfill has shown a keen interest in supporting WareMatch's expansion across these territories.
A Growing Need for Flexible Logistics Solutions
The global third-party logistics market generated an impressive US$1.16 trillion in 2023, underscoring the immense potential for platforms like WareMatch that offer flexible, short-term industrial lease options. These solutions are increasingly critical for businesses looking to manage inventory spikes and mitigate supply chain uncertainties, especially in a world where supply chain disruptions can have significant impacts on business operations.
"In the rapidly evolving logistics landscape, the ability to adapt and offer flexible solutions is more important than ever," said a representative from WareMatch. "Our platform is designed to match customers with the best-fit warehouse solutions tailored to their unique requirements."
Investor Confidence and Industry Support
The backing from a diversified group of investors highlights a strong vote of confidence in WareMatch's business model and growth potential. Fit Ventures' leadership in the funding round, alongside contributions from Esanjo Capital and others, reflects a shared belief in the platform's capacity to disrupt traditional logistics models and meet the growing demand for adaptable warehousing solutions.
Looking Ahead
As WareMatch gears up for its international expansion, the company remains focused on scaling its operations and reaching new markets. By leveraging the expertise and networks of its strategic investors, WareMatch aims to solidify its position as a leader in logistics warehouse solutions, meeting the evolving needs of businesses worldwide.
With its innovative approach to warehouse bookings and a strong foundation of support, WareMatch is poised to make significant strides in the global logistics market. The recent funding round marks a crucial step forward in its journey to revolutionize how businesses connect with warehousing services, providing them with the tools they need to navigate a complex and dynamic supply chain landscape.
Related Articles
- Amazon's High-Tech Warehouses: Future of US Manufacturing
- Robotics Enhance Efficiency and Resilience in Warehousing Operations
- MSI Acquires Link Logistics Warehouse in L.A. County for $65M, Reflecting Market Trends
- LogiPoint Wins Warehousing Operator of the Year at Logistics Saudi Awards
- Strategies for Optimizing Warehouse Labor Costs in Supply Chain Management