Ourboro
Ourboro is a Toronto-based shared-equity platform that co-invests up to $250,000 toward the down payment of creditworthy first-time Ontario homebuyers in exchange for a share of the home's appreciation, with no interest or monthly payments.
- Company typePrivate
- Founded2019
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Ourboro does
Ourboro Inc. is a Toronto-based shared-equity homeownership platform that helps creditworthy first-time homebuyers in Ontario bridge the down payment gap by co-investing up to $250,000 toward their purchase in exchange for a proportional share of the home's future appreciation. Unlike a loan, the arrangement carries no interest and no monthly payments; Ourboro's return is realized only when the home is sold, aligning the company's outcome with the homeowner's. The technology layer is intentionally light — a web application portal (app.ourboro.com), a proprietary co-ownership agreement framework, and a partner portal — rather than a deep technical platform.
The business model combines a direct-to-consumer digital application flow with a 2,600+ referral partner network of realtors and mortgage brokers across 12 Ontario regions. As of late 2025, Ourboro has co-owned roughly 270 homes representing $200M–$230M in residential property value, with monetization occurring via equity-share appreciation upon sale. A separate B2B line markets Investment Management services to pension funds and family offices seeking exposure to owner-occupied residential real estate, most visibly through a $50M dedicated fund launched in June 2025 with Black Opportunity Fund.
The capital structure is unusually institutional for a company of its size: Peerage Capital is the majority owner, with Scotiabank, CMHC, LiUNA Pension Fund, Fengate Asset Management, and BOF Capital also on the cap table. The headcount is approximately 15–20, reflecting an asset-light operating model where capital deployment, partner relationships, and underwriting are the core competencies rather than software engineering.
Ourboro firmographics
Firmographics- Name
- Ourboro
- Legal name
- Ourboro Inc
- Website
- https://ourboro.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ourboro is a Toronto-based shared-equity platform that co-invests up to $250,000 toward the down payment of creditworthy first-time Ontario homebuyers in exchange for a share of the home's appreciation, with no interest or monthly payments.
- Ownership category
- akta.pro rank
Ourboro industry classification
Industry- Product category
- Shared Equity Homeownership / Residential Real Estate Investment Services
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- New Construction-to-Perm (Single-Family Owner-Occupied) (FSALAHAA)
- akta.pro secondary industries
- Home Equity & HELOC Intermediaries (FSALABAE), Home Equity Loan & HELOC Intermediation (FSAEAEAD)
Keywords
Where Ourboro is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Ourboro business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Equity Appreciation Sharing: Ourboro generates returns by sharing in the appreciation of co-owned properties. When a homeowner sells the home, Ourboro receives its proportionate share of any gains (or absorbs its share of any losses). This aligns Ourboro's financial success directly with the homeowner's success. The company does not charge interest, fees, or monthly payments on its co-investment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Co-investment up to $250,000 for down payment assistance |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Ourboro product offering
Product offeringCore offering
Ourboro co-invests up to $250,000 toward a first-time homebuyer's down payment in exchange for a proportional share of the home's future appreciation. The co-ownership structure is equity-based (not a loan), so there is no interest, no monthly payments, and no additional debt. Homebuyers occupy 100% of the property and Ourboro shares in gains or losses on sale.
Product overview
Ourboro is a shared equity homeownership platform that operates primarily through its core Co-ownership Program, which co-invests up to $250,000 alongside homebuyers to help them reach a 20% down payment and avoid mortgage insurance. The company also offers an Investment Management platform for institutional investors seeking exposure to residential real estate. A notable sub-brand is the $50M Ourboro BOF Capital Opportunity Fund, launched with BOF Capital to serve underserved communities. The platform supports homebuyers through a Referral Partner Network of over 2,600 real estate and mortgage professionals. The company manages several private real estate funds and has expanded its co-ownership term to 30 years for maximum flexibility.
Differentiator
Problem solved
Functional benefit
Products and services
- Ourboro Co-ownership Program The core offering for individual first-time homebuyers in Ontario: Ourboro co-invests up to $250,000 toward the buyer's down payment in exchange for a share in the home's future appreciation. Homebuyers occupy and enjoy 100% of the property; Ourboro shares proportionally in gains or losses on sale. No interest, no monthly payments, no additional debt.
- Ourboro BOF Capital Opportunity Fund A $50M dedicated fund operated in partnership with BOF Capital to provide shared equity home financing to Black Canadians and other underserved populations, addressing systemic homeownership gaps (44% Black homeownership vs. 72% broader population) and creating pathways to generational wealth.
- Investment Management Services Private real estate fund management for institutional and accredited investors (pension funds, family offices, private investors) seeking exposure to owner-occupied residential real estate through shared equity co-investments, with diversified exposure across the GTA, Southwestern Ontario, and Ottawa and 4x leverage through owner-occupiers.
Quantifiable outcome
- Homebuyers become homeowners up to 9 years sooner than saving alone
- +6 more outcomes
Companies that use Ourboro
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Ourboro technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Ourboro partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core, major and minor.
- BOF Capital / Black Opportunity FundcoreBOF Capital (sponsored entity of Black Opportunity Fund) partnered with Ourboro to launch a $50M Ourboro BOF Capital Opportunity Fund specifically focused on increasing homeownership rates amongst Black communities. Only 44% of Black Canadians own homes compared to 72% of the broader population. The fund addresses systemic barriers and creates pathways to generational wealth.
- Conestoga College - Social Innovation LabmajorOurboro partnered with researchers from Conestoga College Institute of Technology & Advanced Learning on a ten-year longitudinal impact study. The Baseline Ourboro Impact Study explores whether participation in a shared equity model significantly enhances quality of life compared to renting, surveying homeowners across seven key areas including happiness, economic resiliency, and community engagement.
- 8Twelve Mortgageminor8Twelve Mortgage is a mortgage brokerage partner that works with Ourboro homebuyers to secure financing. The partnership provides homebuyers access to mortgage products and rate negotiation services as part of the co-ownership process.
Scale indicators13 records
Recent moves12 records
Expansion highlights5 records
Ourboro competitors and assessment
Company assessmentDirect peers
- Point: U.S. shared equity / home equity investment fintech. Homeowners sell a portion of their home equity to Point in exchange for cash now, with Point sharing in future appreciation. Operates a virtually identical business model to Ourboro's.
- Divvy Homes: U.S. rent-to-own / lease-purchase platform that bridges the down payment gap. Different mechanic (rent credit toward eventual purchase) but addresses the same fundamental problem of helping buyers who cannot save a full down payment.
- Landed: U.S. shared-equity down payment assistance program primarily serving educators and healthcare workers. Structurally similar to Ourboro — provides capital for down payment in exchange for an equity share — though narrower in target segment.
- Unlock: U.S. home equity investment company that purchases an equity share in a homeowner's property and shares in appreciation. Closely comparable to Ourboro on product, mechanic, and target customer, though U.S.-focused.
- Hometap: U.S.-based shared equity investment company that provides homeowners with cash today in exchange for a share of the home's future value. Direct analogue of Ourboro's co-investment model, with similar incentive structure and target segment of homeowners needing liquidity.
Emerging players
- Pine: Canadian fintech focused on helping Canadians buy their first home earlier, including savings tools and mortgage products. Closest Canadian fintech analogue addressing the same down-payment-gap problem for first-time buyers, though without an equity co-investment product.
- Nesto: Canadian digital mortgage brokerage with technology-driven lender matching. Touches Ourboro's customer journey through mortgage execution, similar audience (first-time Canadian buyers), and partnership potential (Nesto or its peers could be a referral partner). Not shared equity, but adjacent.
Broad incumbents
- Sagen (formerly Genworth MI Canada): Canadian mortgage insurance provider covering low-down-payment mortgages. Sits on the alternative side of the same threshold Ourboro helps buyers cross, and represents a potential partner, competitor, or acquirer.
- Genworth Canada: Canada's largest private mortgage default insurer, focused on the high-ratio (sub-20%-down) mortgage market. A broad incumbent adjacent to Ourboro's positioning of helping buyers reach the 20% threshold; relevant as a channel/economic alternative.
Others
- Peerage Capital: Private equity firm and Ourboro's majority shareholder. Comparable for capital structure, governance, and Ontario real-estate adjacency rather than direct product competition; relevant as the controlling parent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Ourboro social profiles
Digital presenceOurboro financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ourboro leadership team
Management profileNumber of profiles
Profiles4 records
Ourboro funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ourboro M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ourboro
What does Ourboro do?
Ourboro co-invests up to $250,000 toward a first-time homebuyer's down payment in exchange for a proportional share of the home's future appreciation. The co-ownership structure is equity-based (not a loan), so there is no interest, no monthly payments, and no additional debt. Homebuyers occupy 100% of the property and Ourboro shares in gains or losses on sale.
Is Ourboro a public or private company?
Ourboro is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ourboro founded?
Ourboro was founded in 2019. It employs 11 to 50 people.
Where is Ourboro based?
Ourboro is headquartered in Toronto, Canada, in the North America region.
How does Ourboro make money?
One revenue line is on record: equity Appreciation Sharing.
Who are Ourboro's main competitors?
Direct peers on record are Point, Divvy Homes, Landed, Unlock and Hometap. Emerging players are Pine and Nesto. Broad incumbents are Sagen (formerly Genworth MI Canada) and Genworth Canada. Peerage Capital is listed as an others.
Does Ourboro have an API?
No public API is recorded for Ourboro.
What industry is Ourboro in?
Ourboro's product category is Shared Equity Homeownership / Residential Real Estate Investment Services. Its primary akta.pro industry code is FSALAHAA, New Construction-to-Perm (Single-Family Owner-Occupied), with a secondary code of FSALABAE, Home Equity & HELOC Intermediaries. Its SIC code is 6532.