Wealthsimple Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 2,364

Employees

  • Latest Deal Type
  • Series F

  • Latest Deal Amount
  • $300M

  • Investors
  • 41

Wealthsimple General Information

Description

Operator of a financial advisory and trading platform intended to assist users in achieving financial freedom by providing products and advice. 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.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 80 Spadina Avenue
  • 4th Floor, Suite 201
  • Toronto, Ontario M5V 2J4
  • Canada
+1 (855)
Primary Industry
Brokerage
Other Industries
Other Financial Services
Financial Software
Vertical(s)
FinTech
Corporate Office
  • 80 Spadina Avenue
  • 4th Floor, Suite 201
  • Toronto, Ontario M5V 2J4
  • Canada
+1 (855)

Wealthsimple Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Wealthsimple Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC (Series F) 27-Oct-2026 $300M Completed Generating Revenue
11. Later Stage VC (Series E) 27-Oct-2025 Completed Generating Revenue
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 13-Oct-2020 Completed Generating Revenue
7. Later Stage VC 22-May-2019 Completed Generating Revenue
6. Early 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 $23.8M $25.7M Completed Startup
3. Accelerator/Incubator 01-Jan-2015 $1.9M Completed Startup
To view Wealthsimple’s complete valuation and funding history, request access »

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Wealthsimple Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a financial advisory and trading platform intended to assist users in achieving financial freedom by providi
Brokerage
Toronto, Canada
2,364 As of 2026

Palo Alto, CA
 

Toronto, Canada
 
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Wealthsimple Competitors (50)

One of Wealthsimple’s 50 competitors is Wealthfront, a Formerly VC-backed company based in Palo Alto, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Wealthfront Formerly VC-backed Palo Alto, CA
Questrade Venture Capital-Backed Toronto, Canada
Asia Wealth Platform Venture Capital-Backed Singapore, Singapore
SigFig Venture Capital-Backed San Francisco, CA
AutoWealth Private Equity-Backed Singapore, Singapore
You’re viewing 5 of 50 competitors. Get the full list »

Wealthsimple Patents

  • 7

    Total Documents Applications and Grants

  • Total Patents Families

  • 4

    Granted

  • 2

    Pending

  • Expiring in next 12 mo

Wealthsimple Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3024464-A1 Systems and methods of processing transaction data Pending 15-Nov-2018
US-20200159834-A1 Systems and methods of processing transaction data Inactive 15-Nov-2018
US-20200204388-A1 Scalable computing systems for generating notifications, and methods of operating thereof Active 09-Apr-2018
CA-3000706-A1 Scalable computing systems for generating notifications, and methods of operating thereof Pending 09-Apr-2018
US-10469279-B2 Scalable computing systems for generating notifications, and methods of operating thereof Active 09-Apr-2018 H04L43/16
To view Wealthsimple’s complete patent history, request access »

Wealthsimple Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Wealthsimple Investors (41)

Investor Name Investor Type Holding Investor Since Participating Rounds
CPP Investments Asset Manager Minority
GIC Private Sovereign Wealth Fund Minority
IGM Financial Asset Manager Minority
Kensington Capital Partners PE/Buyout Minority
Lunate Asset Manager Minority
You’re viewing 5 of 41 investors. Get the full list »

Wealthsimple Investments & Acquisitions (5)

Wealthsimple’s most recent deal was a PE Growth/Expansion with Tetra Trust for . The deal was made on 03-Sep-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Tetra Trust 03-Sep-2025 PE Growth/Expansion Financial Software
Fey (Business/Productivity Software) 27-Aug-2025 Merger/Acquisition Business/Productivity Software
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 Brokerage
To view Wealthsimple’s complete investments and acquisitions history, request access »

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Wealthsimple Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Wealthsimple Technologies (alberta) Calgary, Canada 2024

Wealthsimple FAQs

  • When was Wealthsimple founded?

    Wealthsimple was founded in 2014.

  • Where is Wealthsimple headquartered?

    Wealthsimple is headquartered in Toronto, Canada.

  • What is the size of Wealthsimple?

    Wealthsimple has 2,364 total employees.

  • What industry is Wealthsimple in?

    Wealthsimple’s primary industry is Brokerage.

  • Is Wealthsimple a private or public company?

    Wealthsimple is a Private company.

  • What is the current valuation of Wealthsimple?

    The current valuation of Wealthsimple is .

  • What is Wealthsimple’s current revenue?

    The current revenue for Wealthsimple is .

  • How much funding has Wealthsimple raised over time?

    Wealthsimple has raised $1.71B.

  • Who are Wealthsimple’s investors?

    CPP Investments, GIC Private, IGM Financial, Kensington Capital Partners, and Lunate are 5 of 41 investors who have invested in Wealthsimple.

  • Who are Wealthsimple’s competitors?

    Wealthfront, Questrade, Asia Wealth Platform, SigFig, and AutoWealth are some of the 50 competitors of Wealthsimple.

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