Ontario's Prince Edward County region has become a popular tourist destination with more than 40 wineries, a series of art galleries and plenty of hospitality and recreation destinations. Soon, it is also to host a major new housing development.

Landerz, a Montreal-based company, has raised $1.5 million in pre-seed funding as it seeks to expand its platform designed to simplify and shorten the process for complex commercial and multiresidential land transactions.