Paraito raises C$2.65M to automate title searches for Québec notaries
What's the deal? Montréal proptech startup Paraito has raised C$2.65 million in pre-seed equity funding, led by Inovia Capital with participation from Boreal VenturesDealroom has a profile for this one. Try Dealroom →. The startup has also raised roughly C$650,000 from friends and family, including individual notaries and lawyers.
What's the endgame? Paraito uses generative AI to automate title searches — the verification of public property records for outstanding liens or claims that could block a clean sale. It calls this the most tedious step in Québec real estate transactions, much of which is outsourced to notaries.
Why now? Co-founder François ArbourDealroom has a profile for this one. Try Dealroom → said that in late 2025, AI models could not reliably analyze old handwritten documents, but now the ones Paraito uses are "ready for prime-time." Early demand was strong: "When we launched, I think we sent 35 emails to notaries and got 29 positive responses," Arbour said.
Following the thread: Notaries have been in short supply across Montréal and Québec, with more retirees creating a months-long backlog for notary consultations in Trois-Rivières. Paraito claims its platform lets firms process three times more files without new hires.
What could go wrong? The product is available only in French and sold per search to notary firms. Paraito plans to expand beyond Québec eventually, but for now it is a narrow, regional play with limited public traction data.
The signal: The round is small next to bigger AI-automation deals, but it fits a broader shift from generic productivity software to specialized AI assistants embedded in regulated, document-heavy professions. It is early validation that investors see room to standardize regional professional services beyond the usual US and UK legal markets.
Read more: BetaKit
Image credit: Generated with Gemini
