Wealthsimple Overview

  • Founded
  • 2013
Founded
  • Status
  • Private
  • Employees
  • 800
Employees
  • Latest Deal Type
  • 2ndary - Private
  • Investors
  • 37

Wealthsimple General Information

Description

Developer of a financial advisory and trading platform intended to assist users in achieving financial freedom by providing products and advice that are accessible and affordable. The company's platform offers smart and simple 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
Primary Industry
Asset Management
Other Industries
Brokerage
Financial Software
Primary Office
  • 241 Spadina Avenue
  • 3rd Floor
  • Toronto, Ontario M5T 2E2
  • Canada
+1 (855) 000-0000

Wealthsimple Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Wealthsimple Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private 01-Sep-2021 00000 Completed Generating Revenue
9. Later Stage VC (Series D) 03-May-2021 00000 00000 000 Completed Generating Revenue
8. Later Stage VC 14-Oct-2020 0000 00000 00.000 Completed Generating Revenue
7. Later Stage VC 22-May-2019 000.00 00000 00000 Completed Generating Revenue
6. Later Stage VC 21-Feb-2018 000.00 00000 Completed Generating Revenue
5. Early Stage VC (Series B) 11-May-2017 000.00 000.00 Completed Generating Revenue
4. Early Stage VC (Series A) 09-Apr-2015 000.00 000.00 Completed Startup
3. Accelerator/Incubator 01-Jan-2015 00.00 Completed Startup
2. Seed Round 15-Sep-2014 $1.9M $1.9M Completed Startup
1. Accelerator/Incubator Completed Startup
To view Wealthsimple’s complete valuation and funding history, request access »

Wealthsimple Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Developer of a financial advisory and trading platform intended to assist users in achieving financial freedom by provid
Asset Management
Toronto, Canada
800 As of 2021
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00000000000 00000

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000000000 00000000
Frankfurt, Germany
00 As of 0000
00.000
0000000000 0 00.000

00000000

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00000 0000000000
New York, NY
000 As of 0000
00000
0000000000 0 00000
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Wealthsimple Competitors (14)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Ginmon Venture Capital-Backed Frankfurt, Germany 00 00.000 0000000000 0 00.000
00000000 Venture Capital-Backed New York, NY 000 00000 0000000000 0 00000
0000000000 Corporate Backed or Acquired Singapore, Singapore 000000000000
000000000 Corporation Los Angeles, CA
0000000 Formerly VC-backed Irving, TX 00 0000 0000
You’re viewing 5 of 14 competitors. Get the full list »

Wealthsimple Patents

  • 7

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 1

    Granted

  • 1

    Pending

  • 000

    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 000000000
US-20200159834-A1 Systems and methods of processing transaction data Abandoned 15-Nov-2018 000000000
US-10469279-B2 Scalable computing systems for generating notifications, and methods of operating thereof Active 09-Apr-2018 000000000 0
US-20190312743-A1 Scalable computing systems for generating notifications, and methods of operating thereof Granted 09-Apr-2018 000000000
US-20200204388-A1 Scalable computing systems for generating notifications, and methods of operating thereof Granted 09-Apr-2018 H04L12/1895
To view Wealthsimple’s complete patent history, request access »

Wealthsimple Executive Team (17)

Name Title Board Seat Contact Info
Michael Katchen Co-Founder, Chief Executive Officer & Board Member
Leen Li Chief Executive Officer, Wealthsimple Foundation
Aimee Fearon Chief Financial Officer
Brett Huneycutt Co-Founder, Chief Operating Officer & Board Member
Karney Li Chief Technology Officer
You’re viewing 5 of 17 executive team members. Get the full list »

Wealthsimple Board Members (15)

Name Representing Role Since
Adam Felesky Portage Ventures Board Member 000 0000
Brett Huneycutt Wealthsimple Co-Founder, Chief Operating Officer & Board Member 000 0000
David Yuan TCV Board Member 000 0000
Jeffrey Carney Self Board Member 000 0000
Max Motschwiller Meritech Capital Partners Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Wealthsimple Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Wealthsimple Investors (37)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alkeon Capital Management Hedge Fund Minority 000 0000 000000 0
Aubrey Graham Angel (individual) Minority 000 0000 000000 0
Base10 Partners Venture Capital Minority 000 0000 000000 0
Dragoneer Investment Group Growth/Expansion Minority 000 0000 000000 0
DST Global Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 37 investors. Get the full list »

Wealthsimple Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 000 24-Sep-2019 0000000000 Financial Software 0000000 0
ShareOwner 02-Dec-2015 Merger/Acquisition Financial Software 0000000 0
To view Wealthsimple’s complete acquisitions history, request access »

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Wealthsimple Subsidiaries (2)

Company Name Industry Location Founded
SimpleTax Canada Financial Software Vancouver, Canada 2012
0000000000 Financial Software Toronto, Canada 0000
To view Wealthsimple’s complete subsidiaries history, request access »