Wealthsimple provides digital based investment advisory services. The Company offers on-demand financial planning solutions and also provides an application to invest savings and build diversified portfolio of exchange traded funds. Wealthsimple combines a robo-advisor platform with access to live advisors. Each client is provided an investment advisor who helps match investments to the client's long-term goals and risk tolerance.

Type
Private
HQ
Toronto, CA
Founded
2014
Size (employees)
146 (est)-2%
Wealthsimple was founded in 2014 and is headquartered in Toronto, CA
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Key People/Management at Wealthsimple

Michael Katchen

Michael Katchen

CEO

Wealthsimple Office Locations

Wealthsimple has offices in London, New York and Toronto
Toronto, CA (HQ)
860 Richmond Street West
London, GB
160 Victoria St
New York, US
100 Crosby St
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Wealthsimple Financials and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$133.7 m

Latest funding size

$51 m

Time since last funding

3 months ago

Investors

Wealthsimple's latest funding round in February 2018 was reported to be $51 m. In total, Wealthsimple has raised $133.7 m
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Wealthsimple Operating Metrics

Wealthsimple's Customers was reported to be 30 k in May, 2017.
May, 2017

Customers

30 k
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Wealthsimple News and Updates

Robo-adviser Wealthsimple raises $51 million to expand service: Reuters

Wealthsimple, a Toronto-based online wealth management startup, has raised $51 million (36.58 million pounds) in funding from Power Financial Corp (PWF.TO), as it seeks to compete in the increasingly crowded digital investment advice market, Reuters reported.

Wealthsimple becomes first robo-adviser to focus on social responsibility

Online wealth manager Wealthsimple will today become the first robo-adviser in the UK to launch socially responsible investment portfolios. The business, which has accumulated more than £1bn in assets under management globally, launched the offering in response to strong client demand. Any mon…
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