Wealthsimple is a financial robo-adviser. The company handles portfolio management and investment decisions, and automates all of the back office to deliver investment advice. The minimum investment is $5000 to open an account.
Power Financial Corporation, Impression Ventures, David Ossip, Joe Canavan, Christian Lassonde, Dan Debow, Roger Martin
VALUATION / MARKET CAP:
$346.67 MM in 2017
The company manages approximately $1.45 billion for over 65,000 clients in Canada, United States, and United Kingdom (Feb 2018).
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the new capital to extend its investing product, explore new financial product offerings, accelerate growth across its three markets, and further develop its B2B platform (Feb 2018).