Hyyve Selected for Proptech Collective’s Toronto Proptech LaunchPad 2025
Toronto, Ontario – April 10, 2025 – Hyyve, a Canadian real estate platform reimagining the home-selling process, has been selected to join Proptech Collective’s Toronto Proptech LaunchPad 2025 program.
Hyyve transforms the traditional real estate experience by creating a competitive marketplace where agents bid for the opportunity to represent home sellers. This model delivers substantial benefits for both parties. Homeowners receive upfront cash offers from agents competing for their listings—monetizing the value of their home before a deal is even signed. Sellers can then evaluate and compare multiple agent proposals, including past transaction history, client reviews, regulatory standing, marketing plans, and added services—empowering them to choose the best fit for their needs.
For agents, Hyyve offers direct access to motivated sellers, resulting in higher conversion rates and a stronger return on investment compared to traditional advertising. The performance-based model ensures agents only incur costs when they successfully win a listing, making every marketing dollar count. By fostering transparency and competition, Hyyve elevates the real estate process and ensures better outcomes for all parties involved.
The Toronto Proptech LaunchPad is a high-impact program designed for early-stage proptech and construction tech startups. Participants gain access to strategic business insights, peer collaboration, industry mentorship, and networking opportunities with real estate professionals. Funded by the City of Toronto, the program is open to Proptech Collective members and is committed to advancing equity and diversity within the innovation ecosystem.
“Being selected for the Toronto Proptech LaunchPad is a significant milestone for Hyyve,” said Patrick Armstrong, CEO of Hyyve. “This opportunity provides us with invaluable guidance and connections to further our mission of transforming the real estate experience for Canadians.”
Hyyve’s inclusion in the LaunchPad reinforces its position as one of Canada’s most forward-thinking real estate startups. As the company continues to expand its marketplace offerings, this partnership will accelerate its mission to deliver unmatched value to home sellers and buyers nationwide.
For more information about Hyyve, visit www.hyyve.ca. To learn more about the Toronto Proptech LaunchPad and Proptech Collective, visit www.proptechcollective.com/launchpad2025.