About The Westaim Corporation
The Westaim Corporation is a company based in Toronto (Canada) founded in 1996.. The Westaim Corporation has completed 2 acquisitions, including Jevco and Nucryst Pharmaceuticals. The Westaim Corporation offers products and services including Annuity Insurance Services and Asset Management Services.
- Headquarter Toronto, Canada
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Westaim Corporation
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Annual Revenue
$16.22 M (USD)100.47as on Dec 31, 2024
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Net Profit
$-15.4 M (USD)-108.92as on Dec 31, 2024
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EBITDA
$-15.35 M (USD)-108.92as on Dec 31, 2024
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Latest Funding Round
$28 M (USD), Post-IPO
Sep 17, 2015
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Jevco
& 1 more
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IPO & Listings of The Westaim Corporation
The Westaim Corporation is a publicly listed company on the TSXV with ticker symbol WED in Canada, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of The Westaim Corporation
The Westaim Corporation offers a comprehensive portfolio of products and services, including Annuity Insurance Services and Asset Management Services. 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.
Annuity insurance services are provided in the insurance sector to support long-term value creation through strategic investments
Asset management services are offered in alternative asset sectors, focusing on scalable platforms with thoughtful capital allocation
Funding Insights of The Westaim Corporation
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $28.0M
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First Round
First Round
(17 Sep 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2015 | Amount | Post-IPO - The Westaim Corporation | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investments & Acquisitions by The Westaim Corporation
The Westaim Corporation has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Jevco and Nucryst Pharmaceuticals. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Nanocrystalline silver technology is developed for dermatology and GI indications.
|
2001 | ||||
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Car insurance services are provided by Jevco in Canada.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Westaim Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
The Westaim Corporation Comparisons
Competitors of The Westaim Corporation
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on The Westaim Corporation
Frequently Asked Questions about The Westaim Corporation
When was The Westaim Corporation founded?
The Westaim Corporation was founded in 1996 and raised its 1st funding round 19 years after it was founded.
Where is The Westaim Corporation located?
The Westaim Corporation is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of The Westaim Corporation?
J Cameron MacDonald is the current CEO of The Westaim Corporation.
What is the annual revenue of The Westaim Corporation?
Annual revenue of The Westaim Corporation is $16.22M as on Dec 31, 2024.
What does The Westaim Corporation do?
The Westaim Corporation was established in 1996 and is headquartered in Toronto, Canada. Operations are centered in the private equity sector, with a primary emphasis on acquisitions of businesses and assets. Leadership is provided by executives such as J Cameron MacDonald as CEO and President, and Ian W Delaney as Executive Chair. Board members and officers oversee financial and risk management activities across the firms portfolio.
What products or services does The Westaim Corporation offer?
The Westaim Corporation offers Annuity Insurance Services and Asset Management Services.
Is The Westaim Corporation publicly traded?
Yes, The Westaim Corporation is publicly traded on TSXV under the ticker symbol WED.
How many acquisitions has The Westaim Corporation made?
The Westaim Corporation has made 2 acquisitions, including Jevco, and Nucryst Pharmaceuticals.
What is The Westaim Corporation's ticker symbol?
The ticker symbol of The Westaim Corporation is WED on TSXV.