Wealthsimple logo — All of your investing, made simple.

Wealthsimple

All of your investing, made simple.

Founded 2014 Canada Toronto, Canada 2019 employees Post IPO Total: $1.59B Finance, Financial Services +2

General Information

Company Name Wealthsimple
Founded Year 2014
Location Canada Toronto, Canada
Employees 2019
Industries Finance, Financial Services, Fintech +1
Funding Stage Post IPO
Business Model B2C, B2B, Freemium
Revenue Model Service Fee, Usage Based, Subscription
Social

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About Wealthsimple

Wealthsimple, founded in 2014, is rapidly emerging as a formidable player in the Finance and Fintech sectors. Headquartered in Canada, this company distinguishes itself with the slogan, "All of your investing, made simple." By offering services that are more streamlined than traditional banks, they are positioning themselves as a modern alternative in the Wealth Management and Financial Services industry.

The company's remarkable growth trajectory was further solidified with a $750.00M Private Equity Round investment on 03 May 2021. This robust financial backing was supported by a diverse group of investors, including Plus Capital, Redpoint Ventures, TSVC, Technology Crossover Ventures, Sagard Capital, W Investments, Rhombuz VC, and Steadfast Capital Management. Additionally, high-profile individual investors like Ryan Reynolds and Patrick Marleau have also placed their confidence in Wealthsimple's potential.

Business keywords: financial tools, investment management, ETFs portfolio, financial goals guidance, financial advisory, investment advisory, portfolio diversification, personal finance, digital wealth management, investment solutions, automated investing, financial planning, robo-advisor

Services & Products

Self-Directed Investing
Managed Investing
Chequing and Savings Accounts
Financial Advisory Services
Business Banking Solutions

Target Customers

Individual Investors Families with substantial assets Businesses seeking financial solutions Users of digital financial services Cryptocurrency Traders

Funding Rounds & Investors (12)

View All
Funding Stage Amount Investors Lead Investors Date
Secondary Market $550.00M 8
CPP Investments, GIC +6
01 Oct 2025
Late VC $750.00M 21
Two Sigma Ventures, iNovia Capital +19
01 May 2021
Late VC $87.00M 5
Two Sigma Ventures, Greylock Partners +3
01 Oct 2020
Acquisition Undisclosed 1
Purpose Advisor Solutions
01 Jan 2020
Late VC $75.00M 2
Allianz X, financial
01 May 2019
Late VC £37.00M 1
financial
01 Feb 2018
Support Program Undisclosed 1
Tech Nation
01 Sep 2017
Series B $37.00M 1
financial
01 May 2017
Series B $20.00M 1
financial
01 Jan 2017
Series A $30.00M 1
financial
01 Apr 2015

View All 12 Funding Rounds

Wealthsimple Alternatives & Competitors

View All Alternatives
Wealthsimple vs
Climb
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Wealthsimple vs
Ramify
Ramify France

Votre patrimoine, notre expertise

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Wealthsimple vs
Wealthfront
Wealthfront United States

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IPO
436 employees
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FAQ About Wealthsimple

All of your investing, made simple.
Wealthsimple was founded in 2014.
Wealthsimple is headquartered in Toronto, Canada.
Wealthsimple operates in Finance, Financial Services, Fintech and Wealth Management. Its work centres on financial tools, investment management, ETFs portfolio and financial goals guidance. Its customers include Individual Investors, Families with substantial assets and Businesses seeking financial solutions.
Wealthsimple has a B2C, B2B and Freemium business model. Its revenue comes from Service Fee, Usage Based and Subscription.
Wealthsimple has approximately 2019 employees.
Wealthsimple has completed 12 funding rounds, raising a total of $1.59B. The latest funding stage is Post IPO.
Wealthsimple offers: Self-Directed Investing, Managed Investing, Chequing and Savings Accounts, Financial Advisory Services, Business Banking Solutions.
Top alternatives and competitors to Wealthsimple include Climb, Ramify, Wealthfront, Ginmon, Stockal. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wealthsimple and Climb are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Wealthsimple, https://bouncewatch.com/company/wealthsimple, updated 25 March 2026. When citing, please name BounceWatch and link this page.

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