ModernAdvisor
About ModernAdvisor
ModernAdvisor is a company based in Vancouver (Canada) founded in 2013 was acquired by Guardian Innovations (Guardian Caps & Pearl by Guardian) in January 2020.. ModernAdvisor has raised $2.2 million across 1 funding round from investors including Guardian Innovations (Guardian Caps & Pearl by Guardian). ModernAdvisor operates in a competitive market with competitors including Wealthsimple, Nest Wealth, Responsive, WealthBar and Investia Financial Services, among others.
- Headquarter Vancouver, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.2 M (USD)
in 1 rounds
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Latest Funding Round
$2.2 M (USD), Angel Round
Sep 23, 2015
- Investors
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Employee Count
Employee Count
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Acquired by
Guardian Innovations (Guardian Caps & Pearl by Guardian)
(Jan 30, 2020)
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Funding Insights of ModernAdvisor
ModernAdvisor has successfully raised a total of $2.2M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $2.2 million completed in September 2015. 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 1
- Last Round Angel Round — $2.2M
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First Round
First Round
(23 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2015 | Amount | Angel Round - ModernAdvisor | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ModernAdvisor
ModernAdvisor has secured backing from 1 investor. Prominent investors backing the company include Guardian Innovations (Guardian Caps & Pearl by Guardian). This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ModernAdvisor
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ModernAdvisor
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Modernadvisor Comparisons
Competitors of ModernAdvisor
ModernAdvisor 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 Wealthsimple, Nest Wealth, Responsive, WealthBar and Investia Financial Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services are provided.
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Fully managed investment account.
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| domain | founded_year | HQ Location |
AI-driven portfolios are adapted to global economic changes for users.
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| domain | founded_year | HQ Location |
Online portfolio management and financial advisory services are offered.
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| domain | founded_year | HQ Location |
Financial advisory and investment services are offered to individuals online.
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Automated financial advice is offered for US asset investments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ModernAdvisor
When was ModernAdvisor founded?
ModernAdvisor was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is ModernAdvisor located?
ModernAdvisor is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is ModernAdvisor a funded company?
ModernAdvisor is a funded company, having raised a total of $2.2M across 1 funding round to date. The company's 1st funding round was a Angel Round of $2.2M, raised on Sep 23, 2015.
What does ModernAdvisor do?
ModernAdvisor was founded in 2013 in Vancouver, Canada, as an online platform in the fintech sector focused on automated investment advising. Personalized portfolios of exchange-traded funds are constructed based on investors risk preferences. Once accounts are funded, investments are monitored, adjusted, and rebalanced by the system. Protection for accounts is provided through the Canadian Investor Protection Fund.
Who are the top competitors of ModernAdvisor?
ModernAdvisor's top competitors include Wealthsimple, Responsive and Investia Financial Services.
Who are ModernAdvisor's investors?
ModernAdvisor has 1 investor. Key investors include Guardian Innovations (Guardian Caps & Pearl by Guardian).