Wealthsimple Overview
- Year Founded
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2013
- Status
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Private
- Employees
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1,524
- Latest Deal Type
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2ndary - Private
- Investors
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39
Wealthsimple General Information
Description
Developer of a financial advisory and trading platform intended to assist users in achieving financial freedom by providing products and advice that are accessible and affordable. The company's platform offers investing services without the high fees and account minimums associated with traditional investment management through a globally diversified portfolio of low-cost index funds, enabling users to have access to the tools they need to make financial choices.
Contact Information
Website
www.wealthsimple.comCorporate Office
- 80 Spadina Avenue
- 4th Floor
- Toronto, Ontario M5V 2J4
- Canada
Corporate Office
- 80 Spadina Avenue
- 4th Floor
- Toronto, Ontario M5V 2J4
- Canada
Wealthsimple Timeline
Wealthsimple Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Secondary Transaction - Private | 01-Sep-2021 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series D) | 03-May-2021 | Completed | Generating Revenue | |||
| 8. Later Stage VC | 14-Oct-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 22-May-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 21-Feb-2018 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series B) | 11-May-2017 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 09-Apr-2015 | Completed | Startup | |||
| 3. Accelerator/Incubator | 01-Jan-2015 | Completed | Startup | |||
| 2. Seed Round | 15-Sep-2014 | $1.9M | $1.9M | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Startup |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Wealthsimple Comparisons
Industry
Financing
Details
Wealthsimple Competitors (40)
One of Wealthsimple’s 40 competitors is Freetrade, a Formerly VC-backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Freetrade | Formerly VC-backed | London, United Kingdom | ||||
| StashAway | Venture Capital-Backed | Singapore, Singapore | ||||
| WeInvest | Venture Capital-Backed | Singapore, Singapore | ||||
| eMoney Advisor | Corporate Backed or Acquired | Radnor, PA | ||||
| Ginmon | Venture Capital-Backed | Frankfurt, Germany |
Wealthsimple Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Wealthsimple Patents
Wealthsimple Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20200159834-A1 | Systems and methods of processing transaction data | Inactive | 15-Nov-2018 | ||
| CA-3024464-A1 | Systems and methods of processing transaction data | Pending | 15-Nov-2018 | ||
| US-20200204388-A1 | Scalable computing systems for generating notifications, and methods of operating thereof | Active | 09-Apr-2018 | ||
| US-10972302-B2 | Scalable computing systems for generating notifications, and methods of operating thereof | Active | 09-Apr-2018 | ||
| US-10469279-B2 | Scalable computing systems for generating notifications, and methods of operating thereof | Active | 09-Apr-2018 | H04L43/16 |
Wealthsimple Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Wealthsimple Investors (39)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alkeon Capital Management | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Base10 Partners | Venture Capital | Minority | ||
| Big Loud Capital | Venture Capital | Minority | ||
| Dragoneer Investment Group | Growth/Expansion | Minority |
Wealthsimple Acquisitions (3)
Wealthsimple’s most recent deal was a Merger/Acquisition with Plenty (Financial Software). The deal was made on 09-Apr-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Plenty (Financial Software) | 09-Apr-2025 | Merger/Acquisition | Financial Software | ||
| SimpleTax Canada | 24-Sep-2019 | Merger/Acquisition | Financial Software | ||
| ShareOwner | 02-Dec-2015 | Merger/Acquisition | Financial Software |
Wealthsimple FAQs
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When was Wealthsimple founded?
Wealthsimple was founded in 2013.
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Where is Wealthsimple headquartered?
Wealthsimple is headquartered in Toronto, Canada.
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What is the size of Wealthsimple?
Wealthsimple has 1,524 total employees.
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What industry is Wealthsimple in?
Wealthsimple’s primary industry is Brokerage.
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Is Wealthsimple a private or public company?
Wealthsimple is a Private company.
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What is Wealthsimple’s current revenue?
The current revenue for Wealthsimple is .
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How much funding has Wealthsimple raised over time?
Wealthsimple has raised $876M.
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Who are Wealthsimple’s investors?
Alkeon Capital Management, , Base10 Partners, Big Loud Capital, and Dragoneer Investment Group are 5 of 39 investors who have invested in Wealthsimple.
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Who are Wealthsimple’s competitors?
Freetrade, StashAway, WeInvest, eMoney Advisor, and Ginmon are some of the 40 competitors of Wealthsimple.
Data Transparency
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