1VALET lands $15M growth facility from Scotiabank and Roynat Capital
1VALET, the Ottawa-based smart-building platform, has secured a $15 million revolving credit facility from Scotiabank and Roynat Capital to fund sales expansion across North America. The non-dilutive financing gives the company more capital to grow without issuing equity.
Why it matters: - The $15 million facility gives 1VALET non-dilutive capital for expansion, which helps the company grow without giving up more ownership. - The financing supports a broader push to win more multifamily portfolios across North America as building owners look to simplify technology and improve resident experience.
What happened: - 1VALET announced a new $15 million revolving credit facility with Scotiabank and its wholly owned subsidiary, Roynat Capital. - The company said the facility will accelerate sales expansion across North America. - The announcement was made from Ottawa, Ontario, on Aug. 18, 2026.
The details: - 1VALET is a smart-building and resident-experience platform built by real estate operators. - The platform connects building access, resident experiences and property operations in a single system. - 1VALET said the system is designed to improve operational efficiency and create more connected resident experiences. - The facility will primarily fund continued commercial expansion. - The company plans to use the money to grow sales capabilities and market presence across North America. - Demetrios Barnes, CEO of 1VALET, said the facility will support direct investment in North American growth, sales capabilities and customer service. - Matt Tedford, senior vice president and head of Roynat Capital, said Roynat is providing financing to support 1VALET’s next phase of growth and strategic expansion. - 1VALET said it operates across Canada and the United States and works with multifamily owners, operators, developers and technology partners. - The company’s integrated ecosystem combines smart building access, resident experiences and property management capabilities.
Between the lines: - The deal signals lender confidence in 1VALET’s growth plan and in the market for multifamily technology platforms. - The company is positioning itself as an operating layer that connects residents, properties and management teams, rather than as a single-point product. - 1VALET is emphasizing portfolio-wide visibility and technology simplification, two priorities that can matter to large multifamily operators.
What's next: - 1VALET plans to use the facility to deepen service for existing customers and expand its footprint across North America. - The company is targeting more multifamily portfolios as it grows its sales organization and commercial reach. - Roynat Capital said the financing is intended to help Canadian companies execute strategic plans and pursue expansion opportunities.
The bottom line: - 1VALET now has fresh capital to scale without diluting shareholders, and it is using that runway to push harder into the North American multifamily market.
Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.
Sign up for:
Canadian News Online
The daily local news briefing you can trust. Every day. Subscribe now.
Check Your Email!
We sent a one-time activation link to: .
Confirm it's you by clicking the email link.
If the email is not in your inbox, check spam or try again.
Welcome back!
is already signed up. Check your inbox for updates.