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WEALTHSIMPLE
Wealthsimple
Fintech · Canada · Founded · 2014 · ≈ · 1,000 · employees

Wealthsimple Funding — Last Valued at $7.6B

Private

Wealthsimple has raised $697M across 2 funding rounds. The latest round valued Wealthsimple at $4B post-money, with Meritech Capital Partners, Greylock Partners on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Wealthsimple funding · at a glance
Total raised, all rounds
$697M
sum of disclosed sizes
Funding rounds
2
priced rounds
Latest round
$4B
post-money · May 2021
Lead on that event
Meritech Capital Partners
DST Global, ICONIQ Capital, Dragoneer Investment Group, TCV, iNovia Capital, Allianz X, Drake, Michael J. Fox, Ryan Reynolds
2021
About Wealthsimple

Power Corporation of Canada is Wealthsimple's majority owner, holding a 52.4% stake through its subsidiaries Power Financial and IGM Financial and its Sagard Portage Ventures platform. The company reached a $10 billion CAD post-money valuation in October 2025.

Funding timeline

The Wealthsimple funding timeline

2 funding rounds, the latest highlighted.

2014
Wealthsimple founded

Wealthsimple was founded in 2014, Canada.

OCT 2020
Series C

Greylock Partners, Meritech Capital Partners, Two Sigma Ventures, Allianz X. $87M raised, led by Technology Crossover Ventures.

Valuation basisAmount$87MPrice / shareLeadTechnology Crossover Ventures
MAY 2021LATEST
Series D at $4B post-money

DST Global, ICONIQ Capital, Dragoneer Investment Group, TCV, iNovia Capital, Allianz X, Drake, Michael J. Fox, Ryan Reynolds. $610M raised, led by Meritech Capital Partners, Greylock Partners.

Valuation basispost-moneyAmount$610MPrice / shareLeadMeritech Capital Partners, Greylock Partners
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Wealthsimple funding rounds in full

2 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series D LATEST
May 2021
$610M
$4Bpost-money
—
Meritech Capital Partners, Greylock Partners
DST Global, ICONIQ Capital, Dragoneer Investment Group, TCV, iNovia Capital, Allianz X, Drake, Michael J. Fox, Ryan Reynolds
Series C
Oct 2020
$87M
—
—
Technology Crossover Ventures
Greylock Partners, Meritech Capital Partners, Two Sigma Ventures, Allianz X
Wealthsimple · investors

Investors

MMeritech Capital PartnersLEADGreylock PartnersLEADTTechnology Crossover VenturesLEADPPower Corporation of Canada

Frequently asked questions

Who has invested in Wealthsimple?›

Lead investors for each round are in the funding timeline.

Who are Wealthsimple's competitors?›

The closest fintech peers are on the competitors page.

How can I get exposure to Wealthsimple?›

The routes section explains what is realistically available for a company at this stage.

Is Wealthsimple publicly traded?›

No. Wealthsimple is a private company; its shares do not trade on a public exchange.

What is Wealthsimple's valuation?›

The last valuation is $7.6B.

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