RateHub

Toronto, Canada Founded: 2010 • Age: 16 yrs Acquired By Novacap
Mortgages and financial products are compared via RateHub platform.
Annual revenue - Latest available
Total funding $12.0M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About RateHub

RateHub is a company based in Toronto (Canada) founded in 2010 was acquired by Novacap in July 2022. RateHub has raised $12 million across 2 funding rounds from investors including NovaCap, National Research Council Canada and Simon Nixon. RateHub offers products and services including Mortgage Comparator, Credit Card Comparator, Banking Product Comparator, and Insurance Comparator. RateHub operates in a competitive market with competitors including Hardbacon, Lowest Rates, GreedyRates, Link2Lenders and Spring Financial, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Ratehub Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Jan 14, 2018

  • Investors
    NovaCap

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    Novacap

    (Jul 14, 2022)

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Products & Services of RateHub

RateHub offers a comprehensive portfolio of products and services, including Mortgage Comparator, Credit Card Comparator, Banking Product Comparator, and Insurance Comparator.

Product name locked
Category locked
Primary

Tool for comparing and applying to mortgage rates online.

Product name locked
Category locked
Locked

Platform for selecting and applying credit cards based on rewards.

Product name locked
Category locked
Locked

Service to compare savings and chequing accounts from various providers.

Product name locked
Category locked
Locked

System for evaluating auto, home, and life insurance options online.

People of RateHub

Headcount 50-200
Employee Profiles 61
Board Members and Advisors 1
Employee Profiles
People
Matthew Chawrun
Associate Vice President And Mortgage Agent
People
Avi Sabesan
Senior Email Marketing Manager
People
Bryan Freeman
COO, Mortgages
People
Matt Hands
VP, Insurance

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Board Members and Advisors
people
James Laird
Co-founder & Broker Of Record

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Funding Insights of RateHub

RateHub has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in January 2018. 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 RateHub

RateHub has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include NovaCap, National Research Council Canada and Simon Nixon.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm dealing with enterprise software, consumer internet, and mobile markets.
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Acquisitions are targeted by Novacap, a private equity firm.
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Scientific and technological research is conducted for Canada's benefit.
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Investor details for RateHub

Investor domains, locations, round participation, and complete history require an active premium plan.

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

Verified entity values are shown only after access is granted.

Investments & Acquisitions by RateHub

Investments
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Investment portfolio details for RateHub

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - RateHub

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Detailed financials for RateHub

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Ratehub Comparisons

RateHub Primary company
Description
Mortgages and financial products are compared via RateHub pl...
Location
Toronto, Canada
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for RateHub

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of RateHub

RateHub 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 Hardbacon, Lowest Rates, GreedyRates, Link2Lenders and Spring Financial, among others.

Company Name Domain Founded year HQ Location Description
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Financial products are compared through a mobile app for individuals.
Locked Locked Locked
Comparison platform for financial products
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Credit card comparison platform
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Online comparison platform for consumer loans
Locked Locked Locked
Serves as a platform for comparing various financial products.
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Detailed competitors of RateHub

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Ratehub

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Complete news archive for RateHub

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

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Frequently Asked Questions about RateHub

RateHub was founded in 2010 and raised its 1st funding round 6 years after it was founded.

RateHub is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

RateHub is a funded company, having raised a total of $12M across 2 funding rounds to date.

RateHub was founded in 2010 in Toronto, Canada, and operates in the financial services sector as a comparison platform. Mortgages are primarily compared, alongside credit cards and other products, by aggregating results from leading market providers based on user-provided details. Optimal alternatives are thereby presented to users, with a reported monthly user base exceeding 300,000. The platforms domain is ratehub.ca.

RateHub's top competitors include Hardbacon, GreedyRates and Lowest Rates.

RateHub offers Mortgage Comparator, Credit Card Comparator, Banking Product Comparator, and Insurance Comparator.

RateHub has 4 investors. Key investors include NovaCap, National Research Council Canada, Simon Nixon, and Elephant Elephant.

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