About Rates.ca
Rates.ca is a company based in Toronto (Canada) founded in 2014 was acquired by Kanetix in February 2015. Rates.ca has raised $51 million across 2 funding rounds from investors including BMO, Ontario Teachers' Pension Plan and Kanetix. Rates.ca has completed 1 acquisition, including Lowest Rates. Rates.ca operates in a competitive market with competitors including Foxquilt, Surex, InsurEye, EasyInsure and CAA Manitoba, among others.
- Headquarter Toronto, Canada
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Sectors
Financial Services
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People of Rates.ca
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Funding Insights of Rates.ca
Rates.ca has successfully raised a total of $51M across 2 strategic funding rounds. 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 Rates.ca
Rates.ca has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include BMO, Ontario Teachers' Pension Plan and Kanetix.
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Pension funds focused on multiple sectors
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BMO is recognized as a leading financial services provider in Canada.
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IT support services are provided to the insurance industry.
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Investor details for Rates.ca
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Investments & Acquisitions by Rates.ca
Rates.ca has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lowest Rates.
Investment portfolio details for Rates.ca
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Comparison platform for financial products
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Complete acquisition details for Rates.ca
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Financial Statements - Rates.ca
Detailed financials for Rates.ca
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Rates.Ca Comparisons
Peer comparison for Rates.ca
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Competitors of Rates.ca
Rates.ca 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 Foxquilt, Surex, InsurEye, EasyInsure and CAA Manitoba, among others.
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Social groups are formed via platform for insurance premium savings.
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Comparison platform for diversified insurance
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Functions as an insurance comparison and review platform.
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Online insurance broker platform
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Offers membership benefits including roadside assistance, travel planning, insurance, and automotive services.
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Detailed competitors of Rates.ca
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Latest news on Rates.Ca
Complete news archive for Rates.ca
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Frequently Asked Questions about Rates.ca
Rates.ca was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Rates.ca is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Rates.ca is a funded company, having raised a total of $51M across 2 funding rounds to date.
Rates.ca provides an online insurance comparison platform for individuals. It offers quotes for auto insurance, travel insurance, life insurance, home insurance, health insurance, and more. It also offers an investment and bank account comparison platform.
Rates.ca's top competitors include Foxquilt, Kanetix.ca and EasyInsure.
Rates.ca has made 1 acquisition, including Lowest Rates.
Rates.ca has 3 investors. Key investors include BMO, Ontario Teachers' Pension Plan, and Kanetix.