About Wealthsimple
Wealthsimple is a Financial Services company based in Toronto (Canada) founded in 2014 by Michael Katchen, Brett Huneycutt, and Rudy Adler. Online robo advisory and stock trading services are provided. It operates in the Financial Services and Technology sectors. Wealthsimple has raised $1.29 billion across 9 funding rounds from investors including Power Corporation of Canada, CPP Investments and Sagard. The company has 2,503 employees. Wealthsimple has completed 3 acquisitions, including Fey, Plenty and SimpleTax. Wealthsimple was last valued at $10 billion in October 2025. Its chief executive, as recorded, is Michael Katchen. Its website wealthsimple.com draws about 10.9 million monthly visits. Wealthsimple offers products and services including Chequing Account, Self-directed Investing, Managed Investing, and Tax Filing Service. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its legal entity is WEALTHSIMPLE US, LTD.
Company details
Wealthsimple was founded in 2014 in Toronto, Canada, as a fintech platform focused on online investment management. Robo advisory tools are utilized to build diversified portfolios in exchange-traded funds, stocks, and cryptocurrencies. Stock trading capabilities are enabled for users, alongside tax filing calculators and related financial tools. Operations are conducted digitally, serving clients primarily in Canada with an emphasis on accessible investment options.
- Headquarters Toronto, Canada
- Employees 2,503
- Founders Michael Katchen, Brett Huneycutt, Rudy Adler
- Stage Unicorn
- SectorsFinancial ServicesTechnology
- Website category Finance
- Email••••••••
- Phone•••• ••••
- Website wealthsimple.com/en-ca
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Wealthsimple Us, Ltd.
- Total Equity Funding$1.29B (USD)
in 9 rounds
- Latest Funding Round$392.86M (USD), Series F
Oct 2025
- InvestorsPower Corporation of Canada
& 40 more
- Employee Count2,503
- Investments & AcquisitionsFey
& 2 more
Products & Services of Wealthsimple
Wealthsimple offers a comprehensive portfolio of products and services, including Chequing Account, Self-directed Investing, Managed Investing, and Tax Filing Service.
No-fee account with interest and ATM access for daily transactions
Platform for trading stocks, ETFs, and crypto assets online
Automated portfolios with advice for long-term wealth building
Digital system for quick and accurate tax preparation and filing
Apps and channels of Wealthsimple
Wealthsimple publishes 1 mobile app with over 1M+ downloads; its YouTube channel Wealthsimple has 28.2K subscribers and 30 videos.
Videos from Wealthsimple
The most watched videos on Wealthsimple's YouTube channel, Wealthsimple (28.2K subscribers). Click a video to play it here.
More on Wealthsimple.
Funding Insights of Wealthsimple
Wealthsimple has successfully raised a total of $1.29B across 9 strategic funding rounds. The most recent funding activity was a Series F round of $392.86 million completed in October 2025. 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 $1.29B
- Total Rounds 9
- Last Round Series F — $392.86M
- First Round $1.74M
(May 2014)
- Investors Count 41
All 9 funding rounds of Wealthsimple 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 |
|---|---|---|---|---|---|
| Oct 2025 | $392.86M | Series F | – | GIC, Dragoneer Investment Group | |
| May 2021 | $610M | Series F | – | Meritech, Greylock | |
| Oct 2020 | $86.83M | Series E | $1.5B | TCV | |
| May 2019 | $75M | Series D | – | Allianz X | |
| Feb 2018 | $51.56M | Series C | – | Power financial | – |
| May 2017 | $37M | Series B | – | Power financial | – |
| Jan 2017 | $15.25M | Series B | – | Power financial | – |
| Apr 2015 | $23.88M | Series A | – | Power financial | – |
| May 2014 | $1.74M | Seed | – | Impression Ventures |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2020 | $1.5B | •••••••• |
Last known valuation $10B (Oct 2025). 41 investors in total: 33 institutional and 8 angel.
Investors in Wealthsimple
Wealthsimple has secured backing from 41 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Power Corporation of Canada, CPP Investments and Sagard.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
Venture capital firm specializing in early-stage tech investments and founder support. | 1965 | greylock.com | ||
Private equity investments are made in technology-enabled growth companies. | dragoneer.com | San Francisco, United States | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Private equity investments are directed across multiple sectors. | 2002 | sagard.com | Paris, France | |
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
VC fund focused on equity markets | 2002 | alkeoncapital.com | New York, United States | |
Startups are funded via venture capital by Allianz-backed Allianz X. | allianzx.com | Munich, Germany | ||
Early-stage venture capital investments are focused on US companies. | pluscapital.com | Venice, United States | ||
Chinese venture fund in Silicon Valley | tsvcap.com | Los Altos, United States |
Investor details for Wealthsimple
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
Verified entity values are shown only after access is granted.
People of Wealthsimple
352 people are tracked at Wealthsimple (64 in leadership, 9 in board & advisors, 279 in team); the tracked headcount is 2,503.
| Name | Role | Group |
|---|---|---|
Michael Katchen | Co-Founder & CEO | Leadership |
Brett Huneycutt | Co-Founder & Chief Product Officer | Leadership |
Rudy Adler | Co-Founder | Leadership |
Leen Li | CEO | Leadership |
Jeff Gowen | Chief Financial Officer | Leadership |
Michael Cagayat | Director, Brokerage Operations | Leadership |
Charles Yeung | Director Of Product | Leadership |
Polly D'Arcy | Senior Director, Head Of Product Design | Leadership |
Radhika Kakkar | COO | Leadership |
Adnan Shah | Director, Compliance & CCO | Leadership |
Diederik van Liere | CTO | Leadership |
Jordan Deutsch | Director, Software Development | Leadership |
Sara Tan | Director Of Software Development | Leadership |
Paul Teshima | Chief Marketing And Commercial Officer | Leadership |
Lauren Hollywood | Senior Executive Assistant To Michael Katchen, CEO | Leadership |
Karyn Holik | Vp, Treasurer And Head Of Capital | Leadership |
Tara Kennedy | VP & Head Of Capital Markets | Leadership |
Jean Bernard Ricard | Director, Legal | Leadership |
Arinade Adekola | Chief Of Staff, Finance | Leadership |
Rachael K. | Senior Director, HR Services And Employment Legal | Leadership |
332 more people are available in the full profile.
Complete people profiles for Wealthsimple
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.
Investments & Acquisitions by Wealthsimple
Wealthsimple has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Fey, Plenty and SimpleTax.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Investment tools are delivered for real-time summaries and portfolio synchronization. | fey.com | 1996 | Aug 2025 | •••• | ||
A financial management platform is offered by Plenty for wealth building. | withplenty.com | San Francisco, United States | 2022 | Apr 2025 | •••• | |
Canadian Personal Tax Filing Web app | simpletax.ca | Vancouver, Canada | 2012 | Sep 2019 | •••• |
Complete acquisition details for Wealthsimple
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Wealthsimple
7 dated milestones of Wealthsimple across 11 years, from founding to its latest funding, stage changes and deals.
Web traffic of Wealthsimple
The website of Wealthsimple (wealthsimple.com) receives about 10.9M visits a month and ranks #5,448 among all websites worldwide, #348 in Finance.
- Monthly visits10.9M
▲ 24.1% vs previous month
- Unique visitors2.3M
per month
- Global rank#5,448
among all websites
- Category rank#348
Finance · Finance
- Bounce rate33%
- Pages per visit5.6
- Average visit5 min 59 sec
- DevicesDesktop 60% · Mobile 40%
Websites whose visitors overlap most with Wealthsimple. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eqbank.ca | 100% | 1.8M | #23,842 | View details | |
| ufile.ca | 93% | #97,865 | View details | ||
bmocashback.com | bmocashback.com | 87% | #288,781 | – | |
transunion.ca | transunion.ca | 87% | #68,852 | – | |
greatcanadianrebates.ca | greatcanadianrebates.ca | 87% | #208,682 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Wealthsimple
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- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Wealthsimple
Complete news archive for Wealthsimple
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Frequently Asked Questions about Wealthsimple
Wealthsimple was founded in 2014.
Wealthsimple is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Michael Katchen is the CEO of Wealthsimple, as recorded in our data. They have also founded this company.
Wealthsimple is a funded company, having raised a total of $1.29B across 9 funding rounds to date. The company's 1st funding round was a Seed of $1.74M, raised on May 2014.
Wealthsimple has 2,503 employees.
Wealthsimple was founded in 2014 in Toronto, Canada, as a fintech platform focused on online investment management. Robo advisory tools are utilized to build diversified portfolios in exchange-traded funds, stocks, and cryptocurrencies. Stock trading capabilities are enabled for users, alongside tax filing calculators and related financial tools. Operations are conducted digitally, serving clients primarily in Canada with an emphasis on accessible investment options.
Wealthsimple offers Chequing Account, Self-directed Investing, Managed Investing, and Tax Filing Service.
Wealthsimple has 41 investors. Key investors include Power Corporation of Canada, CPP Investments, Sagard, Portage, and Alkeon Capital Management.
The valuation of Wealthsimple is $10B as of Oct 2025.
Wealthsimple operates through Wealthsimple Us, Ltd..
Yes. Wealthsimple publishes Wealthsimple - Grow your money, with over 1 million downloads.