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Wealthsimple

Financial advisor.

Comparison tool

Overview
Funding
Acquisitions
News

Headquarters

Toronto, Ontario, Canada

Founded

2014

Operating Status

Active

Ownership Type

Private

Industry

Investment Management

Type

Enabler

Business Model

B2C

Links

Number of funding rounds 10

Number of investors 25

Total funding amount $1.44B

Date	Amount	Stage	Investors
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Business

Wealthsimple is laying off 13% of its staff

By Avi Ben-Hutta · Jun 15, 2022

Wealthsimple is backed by Allianz X.

Investments

Wealthsimple announces $610 million investment

By Gabriella Ben-Hutta · May 03, 2021

The round is led by Meritech and Greylock.

Financials

Betterment acquires Wealthsimple’s US investment advisory book of business

By Gabriella Ben-Hutta · Mar 08, 2021

Wealthsimple will transfer all of their existing US-based customers to Betterment, and will no longer support accounts based in the US.

Investments

Wealthsimple secured $114M in funding

By Gabriella Ben-Hutta · Oct 17, 2020

The investment was led by TCV.

Business

Wealthsimple launches its first spending account

By Avi Ben-Hutta · Jan 22, 2020

Wealthsimple Cash combines a saving and spending account, giving Canadians both an account that allows for everyday purchases while also providing a place to grow their money.

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