OverviewSuggest Edit

Wealthsimple is a company that provides digital-based investment advisory services. The Company offers on-demand financial planning solutions and also provides an application to invest savings and build a 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.

TypePrivate
Founded2014
HQToronto, CA
Websitewealthsimple.com
Employee Ratings4.5

Latest Updates

Employees (est.) (Nov 2020)393(+8%)
Cybersecurity ratingAMore

Key People/Management at Wealthsimple

Michael Katchen

Michael Katchen

Chief Executive Officer
Brett Huneycutt

Brett Huneycutt

Chief Operating Officer
Leen Li

Leen Li

Chief Financial Officer
Rudy Adler

Rudy Adler

Chief Product Officer
Marina Harris

Marina Harris

Chief People Officer
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Wealthsimple Office Locations

Wealthsimple has offices in Toronto, New York and London
Toronto, CA (HQ)
860 Richmond St W 3rd Floor
Toronto, CA
241 Spadina Ave 5th Floor
London, GB
3rd Floor, 20 Grosvenor Pl, Belgravia
New York, US
20 Jay Street, Suite 928
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Wealthsimple Financials and Metrics

Summary Metrics

Founding Date

2014

Wealthsimple total Funding

$220.5 m

Wealthsimple latest funding size

$86.84 m

Time since last funding

2 months ago

Wealthsimple investors

Wealthsimple's latest funding round in October 2020 was reported to be $86.8 m. In total, Wealthsimple has raised $220.5 m. Wealthsimple's latest valuation is reported to be C$1.4 b.
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Wealthsimple Revenue

Market valuation

1.4b
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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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Human Capital Metrics

Source: github.com
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Wealthsimple Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Wealthsimple Online and Social Media Presence

Embed Graph

Wealthsimple Company Culture

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    100/100

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Wealthsimple News and Updates

Wealthsimple set to launch new ETF for Muslim investors in 2021

Toronto-based Wealthsimple has revealed plans to launch an exchange-traded fund (ETF), which the startup says will offer investors access to a diversified index of...

Wealthsimple achieves $1.5 billion valuation on new fundraising round

Canadian robo-advisory firm Wealthsimple has achieved Unicorn status on a CA$114 million investment round led by by TCV, along with Greylock, Meritech, Two Sigma Ventures and existing investor Allianz X

New Unicorn Wealthsimple Pushes for Growth Spurt Before IPO

New Unicorn Wealthsimple Says Growth, Products Come Before IPO

Wealthsimple announces $114 million investment led by TCV, claims $1.4 billion valuation

Toronto-based FinTech startup Wealthsimple has raised $114 million CAD in equity financing. Following the raise, Wealthsimple claims it has reached a unicorn valuation of...

Robo Adviser Wealthsimple Hits Unicorn Status With TCV Deal

Robo Adviser Wealthsimple Gets Unicorn Status With TCV Backing

Wealthsimple launches cryptocurrency platform

Toronto-based FinTech startup Wealthsimple has launched its cryptocurrency platform, which provides users with commission-free trading of Bitcoin and Ethereum. Until now, the platform, called...
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Wealthsimple Frequently Asked Questions

  • When was Wealthsimple founded?

    Wealthsimple was founded in 2014.

  • Who are Wealthsimple key executives?

    Wealthsimple's key executives are Michael Katchen, Brett Huneycutt and Leen Li.

  • How many employees does Wealthsimple have?

    Wealthsimple has 393 employees.

  • Who are Wealthsimple competitors?

    Competitors of Wealthsimple include MoneyFarm, Axos Invest and iQuant.

  • Where is Wealthsimple headquarters?

    Wealthsimple headquarters is located at 860 Richmond St W 3rd Floor, Toronto.

  • Where are Wealthsimple offices?

    Wealthsimple has offices in Toronto, New York and London.

  • How many offices does Wealthsimple have?

    Wealthsimple has 4 offices.