Manzil Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 44

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $40M

  • Investors
  • 21

Manzil General Information

Description

Provider of financial services intended to offer support to the Muslim community who wish to balance their financial needs with their spiritual obligations. The company's services include taking into account personal credit, risk profile, the value of the property, the length of the repayment term, and the amount of the deposit, enabling clients to access loans and invest in diverse portfolios when required, in a hassle-free manner.

Contact Information

Website
www.manzil.co
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 100 King Street West
  • Suite 6200
  • Toronto, Ontario M5X 1A9
  • Canada
+1 (888)
Primary Industry
Asset Management
Other Industries
Thrifts and Mortgage Finance
Other Financial Services
Vertical(s)
FinTech
Corporate Office
  • 100 King Street West
  • Suite 6200
  • Toronto, Ontario M5X 1A9
  • Canada
+1 (888)

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Manzil Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 03-Oct-2024 $40M Completed Generating Revenue
8. Seed Round 06-Jan-2022 Completed Generating Revenue
7. Accelerator/Incubator 01-Jan-2021 Completed Generating Revenue
6. Equity Crowdfunding 23-Dec-2020 Completed Generating Revenue
5. Equity Crowdfunding 26-Aug-2020 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
3. Accelerator/Incubator 19-Aug-2019 Completed Generating Revenue
2. Seed Round 31-Mar-2019 $860K $860K Completed Startup
1. Accelerator/Incubator Completed Startup
To view Manzil’s complete valuation and funding history, request access »

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Manzil Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of financial services intended to offer support to the Muslim community who wish to balance their financial nee
Asset Management
Toronto, Canada
44 As of 2025

London, United Kingdom
 
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Manzil Competitors (1)

One of Manzil’s competitors is Wahed, a Venture Capital-Backed company based in London, United Kingdom.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Wahed Venture Capital-Backed London, United Kingdom
You’re viewing 1 of 1 competitors. Get the full list »

Manzil Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

Manzil Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3085525-A1 Computerized asset transfer and title recordal on distributed ledgers Pending 28-Jun-2019
US-20200410591-A1 Computerized asset transfer and title recordal on distributed ledgers Inactive 28-Jun-2019

Manzil Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Manzil Investors (21)

Investor Name Investor Type Holding Investor Since Participating Rounds
COTU Ventures Venture Capital Minority
Acreditus Partners Angel Group Minority
Angel (individual) Minority
Expert DOJO Venture Capital Minority
Innate Capital Partners Venture Capital Minority
You’re viewing 5 of 21 investors. Get the full list »

Manzil Acquisitions (3)

Manzil’s most recent deal was a Merger/Acquisition with Canadian Islamic Wealth. The deal was made on 25-Nov-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Canadian Islamic Wealth 25-Nov-2024 Merger/Acquisition Asset Management
Aghaz 04-Nov-2024 Merger/Acquisition Financial Software
Muslim Will Solutions 31-May-2022 Merger/Acquisition Other Services (B2C Non-Financial)
To view Manzil’s complete acquisitions history, request access »

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Manzil Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Aghaz Seattle, WA 2020
Canadian Islamic Wealth Winnipeg, Canada 2019

Manzil FAQs

  • When was Manzil founded?

    Manzil was founded in 2017.

  • Where is Manzil headquartered?

    Manzil is headquartered in Toronto, Canada.

  • What is the size of Manzil?

    Manzil has 44 total employees.

  • What industry is Manzil in?

    Manzil’s primary industry is Asset Management.

  • Is Manzil a private or public company?

    Manzil is a Private company.

  • What is Manzil’s current revenue?

    The current revenue for Manzil is .

  • How much funding has Manzil raised over time?

    Manzil has raised $43.7M.

  • Who are Manzil’s investors?

    COTU Ventures, Acreditus Partners, , Expert DOJO, and Innate Capital Partners are 5 of 21 investors who have invested in Manzil.

  • Who are Manzil’s competitors?

    Wahed is a competitor of Manzil.

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