About Facet
Facet is a company based in Vancouver (Canada) founded in 1991 by Brent Weiss, Patrick McKenna, and Anders Jones. Facet has raised $40.23 million across 6 funding rounds from investors including Warburg Pincus, Multiplier Capital and Accelerator Ventures. Facet offers products and services including Financial Planning Service, Investing Guidance, Retirement Planning, and Tax Planning. Facet operates in a competitive market with competitors including Purpose Unlimited, iA Private Wealth, IG Wealth Management, RetireWare and WealthyPlanet, among others.
- Headquarter Vancouver, Canada
- Founders Brent Weiss, Patrick McKenna, Anders Jones
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Facet Wealth, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$40.23 M (USD)
in 6 rounds
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Latest Funding Round
$10 M (USD), Unspecified
Oct 08, 2024
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Investors
Warburg Pincus
& 3 more
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Employee Count
Not available
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Products & Services of Facet
Facet offers a comprehensive portfolio of products and services, including Financial Planning Service, Investing Guidance, Retirement Planning, and Tax Planning.
Provides unbiased financial advice and personalized roadmaps.
Offers strategies for goal-aligned investments and tax harvesting.
Assists with savings, withdrawals, and pre-retirement strategies.
Delivers tax reduction and efficient education savings plans.
People of Facet
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Funding Insights of Facet
Facet has successfully raised a total of $40.23M across 6 strategic funding rounds. The most recent funding activity was a Unspecified round of $10 million completed in October 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.
Investors in Facet
Facet has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Warburg Pincus, Multiplier Capital and Accelerator Ventures.
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Venture debt is provided to US-based technology companies.
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Multi-stage private equity investments are pursued across diverse sectors.
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Investor details for Facet
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Facet
Investment portfolio details for Facet
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Financial Statements - Facet
Detailed financials for Facet
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- Statement rows
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Facet Comparisons
Peer comparison for Facet
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Facet
Facet 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 Purpose Unlimited, iA Private Wealth, IG Wealth Management, RetireWare and WealthyPlanet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Wealth management services are provided by Purpose Unlimited in Toronto.
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Provides comprehensive wealth planning, investment advice, and tax strategies for individuals.
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Online financial advice and planning services are provided.
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Retirement planning is enabled through financial management and investment allocation.
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AI-driven tools for financial planning and debt management are provided.
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Detailed competitors of Facet
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Latest news on Facet
Complete news archive for Facet
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Frequently Asked Questions about Facet
Facet was founded in 1991 and raised its 1st funding round 20 years after it was founded.
Facet is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Anders Jones is the current CEO of Facet. They have also founded this company.
Facet is a funded company, having raised a total of $40.23M across 6 funding rounds to date.
Facet was established in 1991 in Vancouver, Canada, as an online video streaming service. Content is uploaded by creators and accessed by users through the platform, with emphasis placed on travel advice videos. Operations center on facilitating digital content distribution in the media sector. The company is led by co-founders Brent Weiss, Patrick McKenna, and Anders Jones as CEO. Services are provided via the domain facet.com.
Facet's top competitors include Purpose Unlimited, IG Wealth Management and Cascades Financial Solutions.
Facet offers Financial Planning Service, Investing Guidance, Retirement Planning, and Tax Planning.
Facet has 4 investors. Key investors include Warburg Pincus, Multiplier Capital, Accelerator Ventures, and Slow Ventures.