EquiSoft

Montreal, Canada Founded: 1994 • Age: 32 yrs
Digital solutions for insurance and wealth management are provided.
Annual revenue $2.6M Latest available
Total funding $134.0M 2 rounds
Employees 95 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About EquiSoft

EquiSoft is a company based in Montreal (Canada) founded in 1994. EquiSoft has raised $134.02 million across 2 funding rounds from investors including Export Development Canada, Gouvernement du Québec and Fondaction. The company has 95 employees as of April 01, 2024. EquiSoft has completed 8 acquisitions, including Altus Consulting, Altus Group and CompuOffice Software. EquiSoft operates in a competitive market with competitors including Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

  • Headquarter Montreal, Canada
  • Employees 95 as on 01 Apr, 2024
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Equisoft India Private Limited
  • Date of Incorporation 03 Nov, 2016
  • Jurisdiction Madhapur, Telangana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.64 M (USD)
    29.9
    as on Mar 31, 2023
  • Net Profit
    $237.54 K (USD)
    35.77
    as on Mar 31, 2023
  • EBITDA
    $365.52 K (USD)
    25.36
    as on Mar 31, 2023
  • Total Equity Funding
    $134.02 M (USD)

    in 2 rounds

  • Latest Funding Round
    $125 M (USD), Series D

    Mar 01, 2023

  • Investors
  • Employee Count
    95

    as on Apr 01, 2024

  • Investments & Acquisitions
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People of EquiSoft

Headcount 500-1000
Employee Profiles 25
Board Members and Advisors 7
Employee Profiles
People
Robert Chaoui
Vice President, Account Management
People
Jean Sabbagh
Vice President, Marketing
People
Olivier Lafontaine
Chief Product Officer
People
Annie Mongrain
Vice President, Human Resources

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Board Members and Advisors
people
Robert Héroux
Board Member
people
Annalee Moore
Board Member
people
Fulvio Bussandri
Board Member
people
Laird Elliott
Board Member

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Funding Insights of EquiSoft

EquiSoft has successfully raised a total of $134.02M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $125 million completed in March 2023. 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.

Investors in EquiSoft

EquiSoft has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Export Development Canada, Gouvernement du Québec and Fondaction.

All
Institutional
Investor Description Founded Year Domain Location
SME loans are provided to support business exports.
Locked Locked Locked
Government services are provided to residents of Québec, Canada.
Locked Locked Locked
Offers sustainable finance and REER for individuals and businesses.
Locked Locked Locked
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Investor details for EquiSoft

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by EquiSoft

EquiSoft has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Altus Consulting, Altus Group and CompuOffice Software.

Investments
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Investment portfolio details for EquiSoft

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Financial consulting services are offered to various clients.
Locked Locked 2005 Locked
Project management, asset management, and IT consulting services are provided.
Locked Locked 2005 Locked
Digital back-office & financial analysis solutions
Locked Locked 2000 Locked
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Complete acquisition details for EquiSoft

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Financial Statements - EquiSoft

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Detailed financials for EquiSoft

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  • Profit trends
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Equisoft Comparisons

EquiSoft Primary company
Description
Digital solutions for insurance and wealth management are pr...
Location
Montreal, Canada
Founded Year
1994
Annual Revenue
$2.64 M (USD)
Net Profit
$237.54 K (USD)
EBITDA
$365.52 K (USD)
Employees
95
As of 2024
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Peer comparison for EquiSoft

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Competitors of EquiSoft

EquiSoft 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 Addepar, Altruist, InvestCloud, sei and Avaloq, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Wealth management solutions are delivered for investment advisors.
Locked Locked Locked
Portfolio management software for financial advisors
Locked Locked Locked
Investment management software is provided for advisors and institutions.
Locked Locked Locked
Wealth and investment management solutions are offered to institutional investors.
Locked Locked Locked
Cloud-based solutions for financial institutions are provided by Avaloq.
Locked Locked Locked
Asset and wealth management software is provided for businesses.
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Detailed competitors of EquiSoft

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  • Full company profiles
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Latest news on Equisoft

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Complete news archive for EquiSoft

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about EquiSoft

EquiSoft was founded in 1994 and raised its 1st funding round 24 years after it was founded.

EquiSoft is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

EquiSoft is a funded company, having raised a total of $134.02M across 2 funding rounds to date.

As of Apr 01, 2024, the latest employee count at EquiSoft is 95.

Annual revenue of EquiSoft is $2.64M as on Mar 31, 2023.

EquiSoft was founded in 1994 in Montreal, Canada. Operations focus on the insurance and wealth management sector, where a SaaS platform is offered to investment and insurance advisors. Financial plans for clients are completed through these digital tools. Services include software for streamlining advisory processes, with headquarters based in Canada.

EquiSoft's top competitors include Addepar, Altruist and sei.

EquiSoft has made 8 acquisitions, including Altus Consulting, Altus Group, and CompuOffice Software.

EquiSoft has 4 investors. Key investors include Export Development Canada, Gouvernement du Québec, Fondaction, and Invest Quebec.

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