torontobased wealthsimple 610m 4b meritech greylocketheringtontechcrunch

Toronto-based Wealthsimple raised $610M from Greylock and Meritech

Wealthsimple is a renowned fintech company based in Canada with gigantic brand value, which they have gained through their work and reputation in the market. They raised about $750 million CAD or $610 million USD and stand at a valuation of $5 billion CAD or $4 billion USD. Greylock and Meritech led the funding round, including the funds from Sagard, Inovia and Redpoint, TCV, Two Sigma Ventures along with individual investors like Michael J. Fox, Ryan Reynolds and Drake, or basically all of the most famous Canadians. This funding round has made the valuation of Wealthsimple multiply triple times the...

  • 1
  • 3
  • 4