About Brim Financial
Brim Financial is a company based in Toronto (Canada) founded in 2017 by Rasha Katabi. Brim Financial has raised $101.79 million across 2 funding rounds from investors including Desjardins, goeasy and Export Development Canada. Brim Financial operates in a competitive market with competitors including Upgrade, Affirm, Neo Financial and BUY WITH IMPACT, among others.
- Headquarter Toronto, Canada
- Founders Rasha Katabi
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$101.79 M (USD)
in 2 rounds
-
Latest Funding Round
$85 M (USD), Series C
Apr 04, 2024
-
Investors
Desjardins
& 7 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Brim Financial
Unlock access to complete
Funding Insights of Brim Financial
Brim Financial has successfully raised a total of $101.79M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $85 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $85.0M
-
First Round
First Round
(16 Mar 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Series C - Brim Financial | Valuation | Export Development Canada | |
| Mar, 2021 | Amount | Series B - Brim Financial | Valuation | Desjardins , EPIC Ventures |
Investors in Brim Financial
Brim Financial has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Desjardins, goeasy and Export Development Canada.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Debt and equity solutions are provided to mid-to-late-stage technology companies.
|
Founded Year | Domain | Location | |
|
Early-stage technology companies are funded by this venture capital firm.
|
Founded Year | Domain | Location | |
|
A private investment firm focused on diverse asset classes.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Brim Financial
Financial Statements - Brim Financial
Brim Financial Comparisons
Competitors of Brim Financial
Brim Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Upgrade, Affirm, Neo Financial and BUY WITH IMPACT, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Consumer credit and banking products are offered to individuals.
|
|
| domain | founded_year | HQ Location |
Point-of-sale financing is facilitated via an online installment payment platform.
|
|
| domain | founded_year | HQ Location |
Provider of financial products and services including credit cards, accounts, and investment options
|
|
| domain | founded_year | HQ Location |
Operates an impact investment platform to connect users with meaningful opportunities.
|
Frequently Asked Questions about Brim Financial
Brim Financial was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Brim Financial is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Rasha Katabi is the current CEO of Brim Financial. They have also founded this company.
Brim Financial is a funded company, having raised a total of $101.79M across 2 funding rounds to date. The company's 1st funding round was a Series B of $16.79M, raised on Mar 16, 2021.
Brim Financial was founded in 2017 in Toronto, Canada, within the fintech sector. Credit card payment solutions with NFC capabilities are provided to individuals and families, enabling contactless payments, offline purchases, and money transfers. A loyalty program is included, allowing points to be redeemed at any purchase. Installment financing options are facilitated through an app-based platform available on iOS and Android devices.
Brim Financial's top competitors include Neo Financial, Upgrade and Affirm.
Brim Financial has 8 investors. Key investors include Desjardins, goeasy, Export Development Canada, Vistara Growth, and EPIC Ventures.