About Kanetix
Kanetix is a Financial Services company based in Toronto (Canada) founded in 1999, and was acquired by Ontario Teachers' Pension Plan in August 2018. IT support services are provided to the insurance industry. Kanetix has completed 1 acquisition, including Rates.ca. Its focus areas include IT Outsourcing Services for Insurance. Its legal entity is RATESDOTCA Group Ltd.
Company details
Kanetix was founded in 1999 and is headquartered in Toronto, Canada. IT support services are delivered specifically to companies in the insurance sector. Operations focus on technical assistance, system maintenance, and infrastructure management tailored to industry needs. The domain kanetixltd.ca is utilized for online presence. Services are extended across Canada, supporting digital operations for insurance providers in a regulated environment.
- Headquarters Toronto, Canada
- Stage Acquired
- SectorsFinancial Services
- Website kanetixltd.ca
- Acquired by Ontario Teachers' Pension Plan (Aug 2018)
- Legal Name Ratesdotca Group Ltd
- Investors
- Investments & Acquisitions
- Acquired byOntario Teachers' Pension Plan
(Aug 2018)
Investors in Kanetix
Kanetix has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ontario Teachers' Pension Plan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Pension funds focused on multiple sectors | 1990 | otpp.com | Toronto, Canada |
Investor details for Kanetix
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Kanetix
Kanetix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rates.ca.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online insurance comparison platform for individuals | rates.ca | Toronto, Canada | 2014 | Feb 2015 | •••• |
Complete acquisition details for Kanetix
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Kanetix
3 dated milestones of Kanetix across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Kanetix is founded.
- Acquisition Acquires Rates.ca.
- Exit Acquired by Ontario Teachers' Pension Plan.
Web traffic of Kanetix
The website of Kanetix (kanetixltd.ca) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 28.1% vs previous month
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Frequently Asked Questions about Kanetix
Kanetix was founded in 1999.
Kanetix is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Kanetix was founded in 1999 and is headquartered in Toronto, Canada. IT support services are delivered specifically to companies in the insurance sector. Operations focus on technical assistance, system maintenance, and infrastructure management tailored to industry needs. The domain kanetixltd.ca is utilized for online presence. Services are extended across Canada, supporting digital operations for insurance providers in a regulated environment.
Kanetix has made 1 acquisition, including Rates.ca.
Kanetix has 1 investor. Key investors include Ontario Teachers' Pension Plan.
Kanetix operates through Ratesdotca Group Ltd.
Yes. Kanetix was acquired by Ontario Teachers' Pension Plan in August 2018.