Tech Company Financing Transactions
Wealthsimple Funding Round
Wealthsimple, based in Toronto ON, secured $15.3 million from Power Financial Corporation.
Transaction Overview
Company Name
Announced On
2/2/2017
Transaction Type
Venture Equity
Amount
$15,250,000
Round
Undisclosed
Investors
Power Financial Corporation (Mike Katchen)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
241 Spadina Ave. 3rd Floor
Toronto ON, M5T 2E2
Canada
Toronto ON, M5T 2E2
Canada
Phone
Website
Email Address
Overview
We're on a mission to make financial services simple and affordable for everyone. Backed by some of the biggest names in finance and tech, we're growing quickly and going global. We're motivated by delivering long-term value to our clients, and believe the opportunity to reinvent financial services for a new generation is all within our grasp.
Management Team
Title
Name
Email & Social
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About Database of VC Transactions
We document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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