About RateHub
RateHub is a Financial Services company based in Toronto (Canada) founded in 2010, and was acquired by Novacap in July 2022. Mortgages and financial products are compared via RateHub platform. RateHub has raised $12 million across 2 funding rounds from investors including NovaCap, National Research Council Canada and Simon Nixon. Its website ratehub.ca draws about 1.3 million monthly visits. RateHub offers products and services including Mortgage Comparator, Credit Card Comparator, Banking Product Comparator, and Insurance Comparator. Its focus areas include FinTech, Alternative Lending, Lead Generation Platforms and Loan Comparison Platforms. Its legal entity is Ratehub Inc. Its competitors include Hardbacon, Lowest Rates and GreedyRates; 1 of its 3 listed competitors has raised funding.
Company details
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.
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.
Tool for comparing and applying to mortgage rates online.
Platform for selecting and applying credit cards based on rewards.
Service to compare savings and chequing accounts from various providers.
System for evaluating auto, home, and life insurance options online.
Apps and channels of RateHub
its YouTube channel Ratehub.ca has 4.63K subscribers and 30 videos.
Videos from RateHub
The most watched videos on RateHub's YouTube channel, Ratehub.ca (4.63K subscribers). Click a video to play it here.
More on Ratehub.ca.
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.
- Total Funding $12M
- Total Rounds 2
- Last Round Series A — $12M
- First Round $375,928
(Aug 2016)
- Investors Count 3
All 2 funding rounds of RateHub with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $12M | Series A | – | Elephant Venture Capital | |
| Aug 2016 | $375,928 | Grant | – | – |
4 investors in total: 3 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm dealing with enterprise software, consumer internet, and mobile markets. | elephantvc.com | |||
Acquisitions are targeted by Novacap, a private equity firm. | 1981 | novacap.ca | Brossard, Canada | |
Scientific and technological research is conducted for Canada's benefit. | 1916 | nrc.canada.ca | Ottawa, Canada | |
SN Simon Nixon | British billionaire, angel investor, co-founder of Moneysupermarket.com, active in Indian startups | unknown_68743c19a8ff4b68a |
Investor details for RateHub
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
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People of RateHub
58 people are tracked at RateHub (11 in leadership, 1 in board & advisors, 46 in team).
| Name | Role | Group |
|---|---|---|
Matthew Chawrun | Associate Vice President And Mortgage Agent | Leadership |
Bryan Freeman | COO, Mortgages | Leadership |
Matt Hands | VP, Insurance | Leadership |
Karthik Sankar | Head, Product | Leadership |
Naga Parvatharajan | CEO | Leadership |
Jamie David | Senior Director of Marketing and Mortgages | Leadership |
Jennifer Pollock | Vice President Of Finance And Operations | Leadership |
Jaclyn Law | Managing Editor | Leadership |
Penelope Graham | Head Of Content | Leadership |
Cassia Miller | Vice President & Mortgage Broker | Leadership |
Lauren Haw | Director | Leadership |
James Laird | Co-founder & Broker Of Record | Board & advisors |
Avi Sabesan | Senior Email Marketing Manager | Team |
Brian Sloman | Team Lead | Team |
Maham Madani | Advertising Operations Specialist | Team |
Daisy Liu | Finance Manager | Team |
Damla Altunoz | Accountant | Team |
Chetna Suri | SEO Stategist | Team |
Lori Thorleifson | Documentation Officer | Team |
Christa King | Documentation Officer | Team |
38 more people are available in the full profile.
Complete people profiles for RateHub
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of RateHub
4 dated milestones of RateHub across 12 years, from founding to its latest funding, stage changes and deals.
- Founded RateHub is founded.
- Funding First funding round of $376K.
- Funding Latest funding round, Series A, of $12.0M.
- Exit Acquired by Novacap.
Competitors of RateHub
RateHub has 3 listed competitors in our database, 1 of them funded. They include Hardbacon, Lowest Rates and GreedyRates.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hardbacon.ca | 2016 | Montreal, Canada | $2.34M | Financial products are compared through a mobile app for individuals. | ||
| lowestrates.ca | 2012 | Toronto, Canada | Comparison platform for financial products | |||
| greedyrates.ca | 2013 | Montreal, Canada | Credit card comparison platform |
Detailed competitors of RateHub
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of RateHub
The website of RateHub (ratehub.ca) receives about 1.3M visits a month and ranks #53,829 among all websites worldwide, #3,410 in Banking Credit and Lending.
- Monthly visits1.3M
▲ 23.9% vs previous month
- Unique visitors566.5K
per month
- Global rank#53,829
among all websites
- Category rank#3,410
Finance · Banking Credit and Lending
- Bounce rate52%
- Pages per visit2.5
- Average visit1 min 28 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with RateHub. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
truenorthmortgage.ca | truenorthmortgage.ca | 100% | #214,322 | – | |
| scotiabank.com | 100% | 22.8M | #1,863 | View details | |
| wowa.ca | 97% | 383K | #174,536 | View details | |
| nesto.ca | 97% | 230.3K | #184,601 | View details | |
| creditcardgenius.ca | 92% | #216,223 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for RateHub
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Ratehub
Complete news archive for RateHub
Full article history, source details, and older brand coverage require an active premium plan.
- 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. The company's 1st funding round was a Grant of $375.93K, raised on Aug 2016.
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.
RateHub operates through Ratehub Inc..
Yes. RateHub was acquired by Novacap in July 2022.
The website of RateHub receives about 1.3 million visits a month and ranks #53,829 among all websites worldwide.