TORONTO, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Today, InsurEye Inc. has announced its acquisition of the condo review platform, TheDirt.co. TheDirt.co was launched in 2013 by Brandon Donnelly and Mike Lerner to better inform Toronto residents about the city’s condominiums and create greater transparency in the marketplace. Today, TheDirt.co features nearly 1,000 condominiums in the Greater Toronto Area.
"InsurEye became known to many Canadians through its moderated insurance review platform for home, auto, and life insurance. Last year, it introduced credit card and mortgage reviews. The acquisition of TheDirt.co will allow InsurEye to expand its reviews’ scope and offer further information to Canadians about the condos they want to buy, sell or rent," says Alexey Saltykov, co-founder of the InsurEye platform.
“We started the condo review platform, CondoEssentials.com, to empower Canadians with real estate information that they may not find from MLS listings or even from real estate agents. Our platform offers valuable information that condo owners or tenants may only have from their own personal experiences with certain buildings,” says Henry Karimi, head of CondoEssentials’ real estate operations.
“Mike and I similarly started TheDirt.co because we believed that real estate information was too fragmented and that consumers deserved greater transparency,” says Brandon Donnelly, the co-founder and CEO of TheDirt.co. “We continue to believe that this is true and so we are thrilled that the CondoEssentials.com team will be picking up where we left off.”
"We know that Brandon and his team did an amazing job growing TheDirt.co into a major condo review hub. For years, it has been providing thousands of Canadians with valuable information and insights. We are looking forward to building on this same fundamental idea," comments Dmitry Mityagin, InsurEye co-founder and CTO.
TheDirt.co platform has been acquired for an undisclosed amount.
Currently, CondoEssentials.com provides reviews for condominiums in Toronto and condominiums in Mississauga as major Ontario condominium centers.
InsurEye Inc. is the leading Canadian digital platform for insurance and finance product reviews that also allows Canadians to get cheap insurance quotes for various insurance types, including condo insurance quotes.
TheDirt.co is the largest Canadian condo review platform, crowdsourcing thousands of independent condo reviews for nearly a thousand condos in the Greater Toronto Area.