Purpose Investments

Toronto, Canada Founded: 2012 • Age: 14 yrs
Diversified investment management firm
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About Purpose Investments

Purpose Investments is a company based in Toronto (Canada) founded in 2012.. Purpose Investments has completed 2 acquisitions, including Alliance REIT and Redwood Asset Management. Purpose Investments offers products and services including Purpose Solana ETF, Mutual Funds, and Separately Managed Accounts. Purpose Investments operates in a competitive market with competitors including Investec, Bank of America, S&P Global, Sun Life Financial and FIS, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Purpose Investments Inc.
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Purpose Investments

Purpose Investments offers a comprehensive portfolio of products and services, including Purpose Solana ETF, Mutual Funds, and Separately Managed Accounts. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

ETF providing Solana staking and cryptocurrency exposure.

Funds for equity, fixed income, and commodities investments.

Customized investment accounts for individual client needs.

People of Purpose Investments
Headcount 50-200
Employee Profiles 22
Employee Profiles
People
Som Seif
CEO
People
Shannon John Gomes
IT Systems Analyst
People
Alex V.
Director, Financial Reporting & Tax
People
Darcy Forster
VP Operations

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Funding Insights of Purpose Investments

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Purpose Investments

Purpose Investments has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alliance REIT and Redwood Asset Management. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
REIT services for family residential properties are provided.
2016
Diversified investment management services are provided to clients.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Purpose Investments

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Purpose Investments Comparisons

Employees
+
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Competitors of Purpose Investments

Purpose Investments 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 Investec, Bank of America, S&P Global, Sun Life Financial and FIS, 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
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
domain founded_year HQ Location
Insurance and asset management services are offered to diverse clients.
domain founded_year HQ Location
Software suites for banks and financial institutions are provided.
domain founded_year HQ Location
Financial services are provided to asset managers worldwide.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Purpose Investments

Frequently Asked Questions about Purpose Investments

When was Purpose Investments founded?

Purpose Investments was founded in 2012.

Where is Purpose Investments located?

Purpose Investments is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Purpose Investments do?

Purpose Investments was established in 2012 in Toronto, Canada, as a diversified investment management firm. Operations are centered on asset management and financial services within the investment sector. A range of investment products and strategies are offered to clients, with a focus on diversified portfolios. The firm operates primarily from its Toronto base, serving institutional and individual investors across Canada.

Who are the top competitors of Purpose Investments?

Purpose Investments's top competitors include Investec, S&P Global and Bank of America.

What products or services does Purpose Investments offer?

Purpose Investments offers Purpose Solana ETF, Mutual Funds, and Separately Managed Accounts.

How many acquisitions has Purpose Investments made?

Purpose Investments has made 2 acquisitions, including Alliance REIT, and Redwood Asset Management.

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