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Home Canadian Startup Ecosystem

WareMatch Raises $2 Million to Grow Its Warehouse Marketplace

by Faith Amonimo
June 11, 2025
in Canadian Startup Ecosystem, Investor Hotspots
Reading Time: 4 mins read
WareMatch Founders Ryan Kalisky, Ben Toulch, and Rahul Bains. (CNW Group/WareMatch)

WareMatch Founders Ryan Kalisky, Ben Toulch, and Rahul Bains. (CNW Group/WareMatch)

A Montreal startup that connects businesses with warehouse space just got a big funding boost. WareMatch raised $2 million to expand its online marketplace for warehouses around the world.

What WareMatch Does

WareMatch works like Airbnb, but for warehouses. The company helps businesses find warehouse space when they need it. Users can browse different warehouses, compare prices, and book space directly through the website.

The platform launched in January 2025. Three founders started the company: Ryan Kalisky (CEO), Ben Toulch (COO), and Rahul Bains (CTO).

Before starting WareMatch, Kalisky worked in distribution. He saw that finding warehouse space was hard and old-fashioned. There was no easy way to see what warehouses were available or how much they cost. Toulch had experience running Airbnb properties. Together, they wanted to make warehouse booking modern and simple.

How the Platform Works

Businesses can use WareMatch in two ways:

  • Browse warehouses directly on the website
  • Fill out a short form to get matched with warehouses that fit their needs

Warehouse owners can list their space and set prices. They can also show what services they offer and what certifications they have.

The platform helps both sides save time. Businesses don’t have to call dozens of warehouses to find space. Warehouse owners don’t have to spend as much time on marketing.

The Funding Round

WareMatch raised the money through a SAFE agreement. This is a common way for startups to get funding before they’re ready for a full investment round.

The funding round was led by Fit Ventures, an American private equity firm. The company’s founder is David Baazov, a well-known entrepreneur.

Other investors included:

  • Esanjo Capital (Dubai)
  • Farfill (United Kingdom)
  • A&S Holdings
  • TankOne Medical

Global Expansion Plans

Right now, WareMatch focuses on North America. But the company plans to expand worldwide with help from its new investors.

Farfill, one of the investors, is a fulfillment company in the UK. They want to help WareMatch expand to Europe, the Middle East, North Africa, Australia, and Asia Pacific.

“We’re committed to supporting rapid expansion across Europe, MENA, and APAC. Our goal is to make warehouse discovery seamless for businesses of all sizes.” said Aamir Kassim, CEO of Farfill.

Why This Matters

The warehouse industry is huge but fragmented. According to Armstrong & Armstrong, the global third-party logistics market was worth $1.16 trillion in 2023.

Many warehouse operators are good at running their facilities but struggle with marketing. WareMatch gives them a platform to reach more customers.

For businesses, the platform solves a real problem. Companies often need extra warehouse space during busy seasons or when demand changes quickly. WareMatch makes it easier to find that space fast.

What’s Next

WareMatch plans to use the new funding to build better technology. Instead of growing slowly and adding features later, they want to invest in their platform now.

“We’re investing ahead of the curve. Our partners believe there’s a global need for a platform like WareMatch. With the right investment in technology, we have a real shot at transforming the warehousing industry worldwide.” said CEO Ryan Kalisky.

The company also wants to add more features to help warehouse operators work together and share knowledge.

Faith Amonimo

Faith Amonimo

Moyo Faith Amonimo is a Tech Writer and Newsletter Editor at Techsoma Africa, where she reports on technology and digital...

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