• FOUNDING YEAR: 2014
    LOCATION:
    Mexico
    REGION:
    ON
    Last Update:
    27 Jun, 2019
    Global presence:
    United Kingdom, United States

Description

FOCUS

PRODUCTS & SERVICES:
Online investment platform.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail investors and savers

PEOPLE

FOUNDERS:
Mike Katchen, Michael Katchen
Board Members and Advisors:
Rudy Adler, Bruno Virlet
NUMBER OF EMPLOYEES:
1-10
INVESTORS:
Power Financial Corporation, Impression Ventures, David Ossip, Joe Canavan, Christian Lassonde, Dan Debow, Roger Martin
KEY EMPLOYEES:
Michael Katchen(CEO)

TRACTION

VALUATION / MARKET CAP:
$346.67 MM in 2017
COMMENT:
The company manages approximately $1.45 billion for over 65,000 clients in Canada, United States, and United Kingdom (Feb 2018).

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$128.84 Millions
DATE OF LAST FUNDING:
Feb 2018
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).
SEED & PRIOR FUNDING:
$1.74 Millions
SEED CLOSED ON:
May 2014
FUNDING SERIES:
SERIES A
$23.9 Millions Closed: Apr 2015
SERIES B
$52.2 Millions Closed: May 2017
SERIES C
$51 Millions Closed: Feb 2018
LISTED:
NO

LATEST RESEARCH