About RazorPlan
RazorPlan is a company based in Toronto (Canada) founded in 2011 by Dave Faulkner was acquired by Nest Wealth in May 2019.. RazorPlan offers products and services including RazorPlan Software and Decumulation Tool. RazorPlan operates in a competitive market with competitors including Planful, Iress, Modern Wealth Management, Wealthpilot and Link Group, among others.
- Headquarter Toronto, Canada
- Founders Dave Faulkner
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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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- Legal Name Nest Wealth
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Nest Wealth
(May 15, 2019)
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Products & Services of RazorPlan
RazorPlan offers a comprehensive portfolio of products and services, including RazorPlan Software and Decumulation Tool. 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.
Platform for creating and optimizing retirement financial plans.
Tool to recommend withdrawal strategies for client retirement funds.
Funding Insights of RazorPlan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 RazorPlan
RazorPlan has secured backing from 1 investor. Prominent investors backing the company include Nest Wealth. 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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Fully managed investment account.
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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 RazorPlan
| 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 - RazorPlan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Razorplan Comparisons
Competitors of RazorPlan
RazorPlan 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 Planful, Iress, Modern Wealth Management, Wealthpilot and Link Group, 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 |
Cloud-based financial planning and advisory solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Wealth management solutions are provided online for financial markets.
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| domain | founded_year | HQ Location |
Wealth management services are provided to clients by the firm.
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| domain | founded_year | HQ Location |
SaaS-based financial advisory & planning solutions
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| domain | founded_year | HQ Location |
Retirement and superannuation solutions are provided, including investments and pensions.
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| domain | founded_year | HQ Location |
Financial planning software for IRA recordkeeping is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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 RazorPlan
When was RazorPlan founded?
RazorPlan was founded in 2011.
Where is RazorPlan located?
RazorPlan is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does RazorPlan do?
RazorPlan was founded in 2011 in Toronto, Canada, within the financial services sector. Solutions for financial planning are delivered to asset managers and advisors through specialized tools and algorithms. Risk analysis is conducted, recommendations are accessed, and plans are customized for retirement, tax, estate, income, and management needs. Automated reports and client insights are generated to support decision-making processes.
Who are the top competitors of RazorPlan?
What products or services does RazorPlan offer?
RazorPlan offers RazorPlan Software and Decumulation Tool.
Who are RazorPlan's investors?
RazorPlan has 1 investor. Key investors include Nest Wealth.