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Anshul Ruparell

Founder of Tourmalet Partners

Toronto, Ontario

Overview 

Anshul Ruparell is the Founder of Tourmalet Partners and the former founder and CEO of Properly, which was successfully acquired. With a background in private equity and investment banking, he has invested in companies like Float and InstaCarro, focusing on sectors such as Real Estate/PropTech and Marketplaces.

Work Experience 

  • Founder

    2024 - Current

    We are the private investment company of the Ruparell family. Our perspectives are formed by our shared experiences as entrepreneurs, operators, and investors. We seek opportunities where we can leverage our experience to foster profitable growth as long-term partners in Canadian companies.

  • Board Member

    2024

    Buy or sell your next car at clutch.ca, Canada's online car retailer.

  • Venture Partner

    2016

    FJ Labs is a venture capital firm based in New York that invests in marketplaces and network effect businesses globally. The team has backed over 1,000 companies including Alibaba, Flexport, Rappi, Stripe, and Uber (www.fjlabs.com).

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

  • Co-Founder & CEO

    2018 - 2023

    Properly enabled homeowners to access their home equity to buy their next home before selling their current one. In five years, we scaled the business to $30+ million in annual sales and $1.5+ billion in annual customer transactions, becoming one of the most recognized brands in Canadian real estate. Properly was backed by prominent investors including Bain Capital and was recognized as one of the best workplaces in Canada by Great Place to Work. Exit to Compass Real Estate (NYSE:COMP) in August 2023.

  • Private Equity

    2012 - 2015

    Focused on investing in companies across the industrials and business services sectors. Supported portfolio companies including Livingston International and Black Swan Energy.

  • Investment Banking

    2010 - 2012

The Rand Group is a San Francisco-based wealth management team led by Managing Director Daniella Rand.

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