Wealthsimple valuation, funding and investors
Wealthsimple works in investment management services, based in Toronto, Canada. Founded in 2016, it has about 2,490 employees.
- Last round
- Growth · $540M · Oct 2025
- Valuation at last round
- $7.10B
- Headcount
- 2,493 · growing
- Grade
- A
- Founded
- 2016
Wealthsimple valuation today
VCMC values Wealthsimple at $8.5B today, with a range of $6.2B to $9.8B and a grade of A. The valuation starts from its last funding round, a growth round in Oct 2025.
Valuation by date (159 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2014 | $6.36M | $2.32M – $17.5M | $6.67M (+5%) | before first round | – | unknown | D | 0% |
| 1 Feb 2014 | $6.39M | $2.32M – $17.5M | $6.69M (+5%) | before first round | – | unknown | D | 0% |
| 1 Mar 2014 | $6.41M | $2.33M – $17.6M | $6.72M (+5%) | before first round | – | unknown | D | 0% |
| 1 Apr 2014 | $6.43M | $2.34M – $17.7M | $6.74M (+5%) | before first round | – | unknown | D | 0% |
| 1 May 2014 | $8.00M | $5.26M – $24.4M | $16.0M (+100%) | after a round | – | unknown | C | 0% |
| 2 May 2014 | $8.02M | $5.26M – $24.4M | $16.0M (+100%) | after a round | – | unknown | C | 0% |
| 1 Jun 2014 | $8.48M | $5.26M – $24.4M | $16.0M (+89%) | after a round | – | unknown | C | 0% |
| 1 Jul 2014 | $8.98M | $5.26M – $24.4M | $16.0M (+78%) | after a round | – | unknown | C | 0% |
| 1 Aug 2014 | $9.53M | $5.26M – $24.4M | $16.0M (+68%) | after a round | – | unknown | C | 0% |
| 1 Sep 2014 | $10.1M | $5.26M – $24.4M | $16.0M (+58%) | after a round | – | unknown | C | 0% |
| 1 Oct 2014 | $10.7M | $5.26M – $24.4M | $16.0M (+50%) | after a round | – | unknown | C | 0% |
| 1 Nov 2014 | $11.3M | $5.26M – $24.4M | $16.0M (+41%) | after a round | – | unknown | C | 0% |
| 1 Dec 2014 | $12.0M | $5.26M – $24.4M | $16.0M (+33%) | after a round | – | unknown | C | 0% |
| 1 Jan 2015 | $12.7M | $5.26M – $24.4M | $16.0M (+26%) | after a round | – | unknown | C | 0% |
| 1 Feb 2015 | $13.5M | $5.26M – $24.4M | $16.0M (+18%) | after a round | – | unknown | C | 0% |
| 1 Mar 2015 | $14.2M | $5.26M – $24.4M | $16.0M (+12%) | after a round | – | unknown | C | 0% |
| 1 Apr 2015 | $15.1M | $5.26M – $24.4M | $16.0M (+6%) | after a round | – | unknown | C | 0% |
| 1 May 2015 | $16.0M | $5.26M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2015 | $16.0M | $5.00M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2015 | $16.0M | $4.76M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2015 | $16.0M | $4.52M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2015 | $16.0M | $4.30M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2015 | $16.0M | $4.09M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2015 | $16.0M | $3.89M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2015 | $16.0M | $3.70M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2016 | $16.0M | $3.52M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2016 | $16.0M | $3.34M – $24.4M | $16.0M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2016 | $16.0M | $3.19M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2016 | $16.0M | $3.03M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 May 2016 | $16.0M | $2.88M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2016 | $16.0M | $2.74M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2016 | $16.0M | $2.61M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2016 | $16.0M | $2.48M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2016 | $16.0M | $2.36M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2016 | $16.0M | $2.24M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2016 | $16.0M | $2.13M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2016 | $16.0M | $2.03M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2017 | $16.0M | $1.93M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2017 | $16.0M | $1.83M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2017 | $16.0M | $1.75M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2017 | $16.0M | $1.66M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 1 May 2017 | $16.0M | $1.58M – $24.4M | $16.0M (0%) | after a round | – | unknown | D | 0% |
| 12 May 2017 | $265M | $174M – $603M | $396M (+50%) | after a round | – | unknown | C | 0% |
| 1 Jun 2017 | $271M | $174M – $603M | $396M (+47%) | after a round | – | unknown | C | 0% |
| 1 Jul 2017 | $280M | $174M – $603M | $396M (+42%) | after a round | – | unknown | C | 0% |
| 1 Aug 2017 | $289M | $174M – $603M | $396M (+37%) | after a round | – | unknown | C | 0% |
| 1 Sep 2017 | $300M | $174M – $603M | $396M (+32%) | after a round | – | unknown | C | 0% |
| 1 Oct 2017 | $310M | $174M – $603M | $396M (+28%) | after a round | – | unknown | C | 0% |
| 1 Nov 2017 | $321M | $174M – $603M | $396M (+24%) | after a round | – | unknown | C | 0% |
| 1 Dec 2017 | $331M | $174M – $603M | $396M (+20%) | after a round | – | unknown | C | 0% |
| 1 Jan 2018 | $343M | $174M – $603M | $396M (+16%) | after a round | – | unknown | C | 0% |
| 1 Feb 2018 | $355M | $174M – $603M | $396M (+12%) | after a round | – | unknown | C | 0% |
| 1 Mar 2018 | $366M | $174M – $603M | $396M (+8%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $379M | $174M – $603M | $396M (+5%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $392M | $174M – $603M | $396M (+1%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $396M | $169M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $396M | $162M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $396M | $155M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $396M | $148M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $396M | $142M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $396M | $136M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Dec 2018 | $396M | $130M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Jan 2019 | $396M | $124M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Feb 2019 | $396M | $119M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $396M | $114M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $396M | $109M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $396M | $105M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $396M | $92.1M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $396M | $87.7M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $396M | $83.4M – $603M | $396M (0%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $396M | $79.2M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2019 | $396M | $75.4M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2019 | $396M | $71.7M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2019 | $396M | $68.2M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2020 | $396M | $64.8M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Feb 2020 | $396M | $61.6M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Mar 2020 | $396M | $58.7M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Apr 2020 | $396M | $55.8M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 May 2020 | $396M | $53.1M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Jun 2020 | $396M | $50.5M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Jul 2020 | $396M | $48.1M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Aug 2020 | $396M | $45.7M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Sep 2020 | $396M | $43.4M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Oct 2020 | $396M | $41.3M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Nov 2020 | $396M | $39.3M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Dec 2020 | $396M | $37.4M – $603M | $396M (0%) | after a round | – | unknown | D | 0% |
| 1 Jan 2021 | $396M | $35.5M – $603M | $396M (0%) | after a round | 360 | unknown | D | 0% |
| 1 Feb 2021 | $396M | $33.8M – $603M | $396M (0%) | after a round | 360 | unknown | D | 0% |
| 1 Mar 2021 | $396M | $32.3M – $603M | $396M (0%) | after a round | 360 | unknown | D | 0% |
| 1 Apr 2021 | $363M | $30.7M – $552M | $328M (-10%) | after a round | 360 | flat | D | 0% |
| 1 May 2021 | $360M | $29.2M – $547M | $325M (-10%) | after a round | 360 | flat | D | 0% |
| 4 May 2021 | $4.1B | $3.5B – $5.1B | $4.5B (+10%) | after a round | 360 | flat | A | 0% |
| 1 Jun 2021 | $4.1B | $3.5B – $5.1B | $4.5B (+9%) | after a round | 360 | flat | A | 0% |
| 1 Jul 2021 | $4.1B | $3.5B – $5.1B | $4.5B (+8%) | after a round | 360 | flat | A | 0% |
| 1 Aug 2021 | $4.2B | $3.5B – $5.1B | $4.5B (+7%) | after a round | 360 | flat | A | 0% |
| 1 Sep 2021 | $4.2B | $3.5B – $5.1B | $4.5B (+7%) | after a round | 360 | flat | A | 0% |
| 1 Oct 2021 | $4.2B | $3.5B – $5.1B | $4.5B (+6%) | after a round | 360 | flat | A | 0% |
| 1 Nov 2021 | $4.3B | $3.5B – $5.1B | $4.5B (+5%) | after a round | 360 | flat | A | 0% |
| 1 Dec 2021 | $4.3B | $3.5B – $5.1B | $4.5B (+4%) | after a round | 360 | flat | A | 0% |
| 1 Jan 2022 | $4.3B | $3.5B – $5.1B | $4.5B (+3%) | after a round | 360 | flat | A | 0% |
| 1 Feb 2022 | $4.4B | $3.5B – $5.1B | $4.5B (+2%) | after a round | 360 | flat | A | 0% |
| 1 Mar 2022 | $5.5B | $3.5B – $6.7B | $5.8B (+6%) | after a round | 1,200 | growing | B | 0% |
| 1 Apr 2022 | $5.7B | $3.5B – $6.7B | $5.8B (+3%) | after a round | 1,200 | growing | B | 0% |
| 1 May 2022 | $5.8B | $3.5B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | B | 0% |
| 1 Jun 2022 | $5.8B | $3.6B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | B | 0% |
| 1 Jul 2022 | $5.8B | $3.6B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | B | 0% |
| 1 Aug 2022 | $5.8B | $3.7B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | A | 0% |
| 1 Sep 2022 | $5.8B | $3.7B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | A | 0% |
| 1 Oct 2022 | $5.8B | $3.8B – $6.7B | $5.8B (0%) | after a round | 1,200 | growing | A | 0% |
| 1 Nov 2022 | $5.8B | $3.0B – $6.7B | $5.8B (0%) | after a round | 1,200 | unknown | B | 0% |
| 1 Dec 2022 | $5.8B | $2.9B – $6.7B | $5.8B (0%) | after a round | 1,200 | unknown | B | 0% |
| 1 Jan 2023 | $4.8B | $2.8B – $6.2B | $4.1B (-14%) | after a round | 1,100 | flat | B | 44% |
| 1 Feb 2023 | $4.8B | $2.7B – $6.2B | $4.1B (-14%) | after a round | 1,100 | flat | B | 44% |
| 1 Mar 2023 | $4.7B | $2.6B – $6.3B | $4.0B (-15%) | after a round | 1,100 | flat | B | 44% |
| 1 Apr 2023 | $4.7B | $2.6B – $6.4B | $4.0B (-16%) | after a round | 1,100 | flat | B | 44% |
| 1 May 2023 | $4.7B | $2.5B – $6.4B | $3.9B (-17%) | after a round | 1,100 | flat | B | 44% |
| 1 Jun 2023 | $4.6B | $2.4B – $6.5B | $3.7B (-20%) | after a round | 1,100 | flat | B | 44% |
| 1 Jul 2023 | $4.5B | $2.3B – $6.5B | $3.6B (-20%) | after a round | 1,100 | flat | B | 44% |
| 1 Aug 2023 | $4.4B | $2.1B – $6.5B | $3.5B (-21%) | after a round | 1,100 | flat | B | 44% |
| 1 Sep 2023 | $4.4B | $2.0B – $6.5B | $3.4B (-21%) | after a round | 1,100 | flat | B | 44% |
| 1 Oct 2023 | $4.4B | $1.9B – $6.5B | $3.5B (-21%) | after a round | 1,100 | flat | C | 40% |
| 1 Nov 2023 | $4.4B | $1.8B – $6.5B | $3.6B (-20%) | after a round | 1,100 | flat | C | 37% |
| 1 Dec 2023 | $4.5B | $1.8B – $6.5B | $3.6B (-20%) | after a round | 1,100 | flat | C | 34% |
| 1 Jan 2024 | $4.5B | $1.7B – $6.6B | $3.7B (-19%) | after a round | 1,100 | flat | C | 31% |
| 1 Feb 2024 | $4.6B | $1.6B – $6.6B | $3.7B (-19%) | after a round | 1,100 | flat | C | 29% |
| 1 Mar 2024 | $4.7B | $1.5B – $6.7B | $3.9B (-17%) | after a round | 1,200 | flat | C | 26% |
| 1 Apr 2024 | $4.7B | $1.5B – $6.7B | $3.9B (-17%) | after a round | 1,200 | flat | C | 24% |
| 1 May 2024 | $4.8B | $1.4B – $6.7B | $4.0B (-17%) | after a round | 1,200 | flat | C | 22% |
| 1 Jun 2024 | $4.7B | $1.3B – $6.4B | $4.1B (-13%) | after a round | 1,200 | flat | C | 21% |
| 1 Jul 2024 | $4.8B | $1.5B – $6.5B | $4.3B (-11%) | after a round | 1,300 | up | C | 19% |
| 1 Aug 2024 | $4.9B | $1.5B – $6.5B | $4.4B (-10%) | after a round | 1,300 | up | C | 17% |
| 1 Sep 2024 | $4.9B | $1.4B – $6.5B | $4.4B (-9%) | after a round | 1,300 | up | C | 16% |
| 1 Oct 2024 | $4.9B | $1.4B – $6.5B | $4.5B (-9%) | after a round | 1,300 | up | C | 15% |
| 1 Nov 2024 | $5.0B | $1.3B – $6.5B | $4.5B (-8%) | after a round | 1,300 | up | C | 14% |
| 1 Dec 2024 | $5.0B | $1.3B – $6.5B | $4.6B (-8%) | after a round | 1,300 | up | C | 12% |
| 1 Jan 2025 | $5.0B | $1.2B – $6.5B | $4.6B (-8%) | after a round | 1,300 | up | C | 11% |
| 1 Feb 2025 | $5.0B | $1.2B – $6.5B | $4.7B (-7%) | after a round | 1,300 | up | C | 11% |
| 1 Mar 2025 | $5.1B | $1.1B – $6.5B | $4.7B (-7%) | after a round | 1,300 | up | C | 10% |
| 1 Apr 2025 | $5.1B | $1.1B – $6.5B | $4.7B (-6%) | after a round | 1,300 | up | C | 9% |
| 1 May 2025 | $4.9B | $778M – $6.2B | $4.7B (-5%) | after a round | 1,300 | flat | D | 8% |
| 1 Jun 2025 | $5.0B | $740M – $6.3B | $4.8B (-4%) | after a round | 1,300 | flat | D | 8% |
| 1 Jul 2025 | $5.6B | $1.1B – $7.0B | $5.4B (-3%) | after a round | 1,590 | up | C | 7% |
| 1 Aug 2025 | $5.7B | $2.5B – $7.1B | $5.6B (-2%) | after a round | 1,623 | growing | B | 6% |
| 1 Sep 2025 | $5.7B | $2.5B – $7.1B | $5.6B (-1%) | after a round | 1,623 | growing | B | 6% |
| 1 Oct 2025 | $6.3B | $1.0B – $7.2B | $6.3B (0%) | after a round | 1,715 | up | C | 0% |
| 28 Oct 2025 | $7.1B | $6.2B – $9.0B | $7.8B (+10%) | after a round | 1,715 | up | A | 0% |
| 1 Nov 2025 | $7.1B | $6.2B – $9.0B | $7.8B (+10%) | after a round | 1,715 | up | A | 0% |
| 1 Dec 2025 | $7.2B | $6.2B – $9.0B | $7.8B (+9%) | after a round | 1,715 | up | A | 0% |
| 1 Jan 2026 | $7.2B | $6.2B – $9.0B | $7.8B (+8%) | after a round | 1,715 | up | A | 0% |
| 1 Feb 2026 | $7.3B | $6.2B – $9.0B | $7.8B (+7%) | after a round | 1,715 | up | A | 0% |
| 1 Mar 2026 | $7.3B | $6.2B – $9.0B | $7.8B (+6%) | after a round | 1,715 | up | A | 0% |
| 1 Apr 2026 | $7.4B | $6.2B – $9.0B | $7.8B (+6%) | after a round | 1,715 | up | A | 0% |
| 1 May 2026 | $7.6B | $6.2B – $9.4B | $8.2B (+7%) | after a round | 2,137 | growing | A | 0% |
| 1 Jun 2026 | $7.7B | $6.2B – $9.4B | $8.2B (+6%) | after a round | 2,137 | up | A | 0% |
| 1 Jul 2026 | $7.8B | $6.2B – $9.4B | $8.2B (+5%) | after a round | 2,137 | up | A | 0% |
| 1 Aug 2026 | $8.1B | $6.2B – $9.8B | $8.5B (+4%) | after a round | 2,489 | growing | A | 0% |
| 1 Sep 2026 | $8.3B | $6.2B – $9.8B | $8.5B (+3%) | after a round | 2,497 | growing | A | 0% |
| 1 Oct 2026 | $8.4B | $6.2B – $9.8B | $8.5B (+1%) | after a round | 2,493 | growing | A | 0% |
| 24 Oct 2026 | $8.5B | $6.2B – $9.8B | $8.5B (0%) | after a round | 2,493 | growing | A | 0% |
Key facts about Wealthsimple
- Founded
- 2016
- Headquarters
- Toronto, Canada
- Employees
- about 2,490 +45% in a year
- Total raised
- $1.19B
- Funding rounds
- 4
- Last round
- Growth Equity Oct 2025
Wealthsimple was founded in 2016 by Brett Huneycutt, Michael Katchen and Rudy Adler.
Wealthsimple funding history
Wealthsimple has 4 funding rounds on record, from May 2014 to Oct 2025, $1.19B in total. The latest disclosed valuation is $7.10B post-money (Growth Equity, Oct 2025).
Growth Equity 27 Oct 2025
Led by Dragoneer Investment Group, GIC; with Canada Pension Plan Investment Board, Power Corporation of Canada, IGM Financial Inc., ICONIQ, Greylock Partners, Meritech Capital.
Sources: newsroom.wealthsimple.com, gic.com.sg
$540M
$7.10B post-money
Growth Equity 3 May 2021
Led by Meritech Capital, Greylock Partners; with DST Global, Sagard, Iconiq, Dragoneer Investment Group, Technology Crossover Ventures, Inovia, Allianz X, Base10 Partners, Redpoint Ventures, STEADFAST, Alkeon, TSV, PLUS Capital.
Sources: winvestments.ca, fintechnews.ch, newswire.ca and 5 more
$610M
$4.07B post-money
$37M
Seed 1 May 2014
With Impression Ventures. Individuals: Joe Canavan, Roger Martin, David Ossip, Dan Debow.
Sources: pitchdeckhunt.com
$2.0M
Wealthsimple investors
20 investors have backed Wealthsimple; Dragoneer Investment Group, Greylock Partners and Meritech Capital and 1 more led at least one round.
- Dragoneer Investment Group lead, 2 rounds
- Greylock Partners lead, 2 rounds
- Meritech Capital lead, 2 rounds
- GIC lead
- Iconiq 2 rounds
- Alkeon
- Allianz X
- Canada Pension Plan Investment Board
- DST Global
- IGM Financial Inc.
- Inovia
- Power Corporation of Canada
- Redpoint Ventures
- STEADFAST
- Technology Crossover Ventures
- TSV
What Wealthsimple does
Wealthsimple works in investment consultants & financial advisors, with 15 recorded offerings and customers in financial services.
Wealthsimple Technologies Inc. is a Canadian financial services company that provides trading and investing solutions, including commission-free trading, managed investing, and self-directed investing. The company also offers financial products such as chequing accounts, credit cards, mortgages, and tax filing services. Wealthsimple operates an online platform and manages assets for both individual and business clients through a network of affiliates and service providers. The company is a member of the Canadian Investment Regulatory Organization and the Canadian Investor Protection Fund.
Description from Veridion's company data.
Products and services
- Investment Management Services
- Robo-Advisory Investing Services
- Commission-Free Trading Services
- Managed Investment Accounts Services
- Self-Directed Investment Accounts Services
- Corporate Investment Advisory Services
- Crypto Trading Services
- Chequing Account Services
- High-Yield Savings Account Services
- Credit Card Issuance Services
- Mortgage Brokerage Services
- Tax Filing Services
- Electronic Trading Platform Development
- Online Financial Platform Development
- Financial Advisory Services
Markets
- Financial Services
Business model
- Business-to-Business
- Business-to-Consumer
- Service Provider
- Investment Management
Industry codes (NAICS)
- 523940 Portfolio Management and Investment Advice 50% match
- 523150 Investment Banking and Securities Intermediation 30% match
- 522210 Credit Card Issuing 10% match
- 522310 Mortgage and Nonmortgage Loan Brokers 10% match
Questions about Wealthsimple
What is Wealthsimple worth?
Valuation $8.5B (range $6.2B to $9.8B), as of 24 Oct 2026. The last disclosed valuation was $7.10B (Growth Equity, Oct 2025).
Has Wealthsimple raised money?
Wealthsimple has 4 funding rounds on record, from May 2014 to Oct 2025, $1.19B in total. The latest disclosed valuation is $7.10B post-money (Growth Equity, Oct 2025).
Who has invested in Wealthsimple?
Dragoneer Investment Group, Greylock Partners, Meritech Capital, GIC, Iconiq and Alkeon, and 14 more. Lead investors include Dragoneer Investment Group, Greylock Partners, Meritech Capital and GIC.
How many people work at Wealthsimple?
About 2,490, up 45% over the last year. Headcount grew from 360 in Jan 2021 to 2,493 in Sep 2026.
What does Wealthsimple do?
Wealthsimple works in investment consultants & financial advisors, with 15 recorded offerings and customers in financial services. Its main offerings are investment management services, robo-advisory investing services and commission-free trading services.
When was Wealthsimple founded, and where is it based?
Wealthsimple was founded in 2016 and is based in Toronto, Canada. It has about 2,490 employees, up 45% over the last year.