Casalova

Ray Taaeb and Curtis Lane, of Toronto, Ontario, pitched Casalova, asking for $100,000 for 10% of their company. Casalova.ca is an end-to-end online rental marketplace that lets tenants search, book, and pay rent, offering landlords a $50,000 rent guarantee per tenant and assistance with evictions; the company charges landlords a booking fee equal to one month's rent. Since launching, the company has grown to 25,000 monthly active users, is live in 110 cities across Canada, has just under 1,000 landlords and property managers with about 3,000 active listings, and recently did $10,000 in bookings testing the rent guarantee and booking fee model in Toronto; the company also partnered with Yardi and another integrator for access to over 100,000 additional listings, earning $5 to $10 per lead from that inventory.

Manjit Minhas offered $100,000 for 20% equity, later willing to move to 15%, but the founders declined, wanting to stick close to their original ask. Michele Romanow, Jim Treliving, and Michael Wekerle went out, citing concerns about limited traction after 12 months and a low barrier to entry for competitors. No deal was made.

Casalova is still operating and sells through its website.