Borrowell - About the company
Borrowell is a series B company based in Toronto (Canada), founded in 2014 by Andrew Graham, Salim Naran and Scott Laitinen. It operates as a Provider of a credit monitoring and financial products comparison platform. Borrowell has raised $53.6M in funding from investors like Equitable Bank, White Star Capital and Portage.
Company Details
Provider of a credit monitoring and financial products comparison platform. It provides users with a platform where users have to register on the platform for access to credit reports. It offers personalized product recommendations and credit improvement tips based on the credit report. Allows users to compare credit cards, personal loans, mortgages, bank accounts, home and auto insurance and investment products.
- Website
- borrowell.com
- Email ID
- *****@borrowell.com
Legal entities associated with Borrowell
Borrowell is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BORROWELL INC. CIN: 808434377 , Canada, Active | Jan 01, 2014 | - | - | - |
Acto Technologies Inc. CIN: 14051581 , Canada, Active | May 18, 2022 | - | - | - |
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Borrowell's funding and investors
Borrowell has raised a total funding of $53.6M over 7 rounds. Its first funding round was on Dec 03, 2014. Its latest funding round was a Series B round on Feb 22, 2021 for $*****. 8 investors participated in its latest round. Borrowell has 24 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Borrowell:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 22, 2021 | 7054163 | Series B | 2326607 | 9858912 | 7630721 | 6349826 |
Jun 17, 2019 | 8847931 | Series B | 3123716 | 4056629 | 8018092 | |
Jun 17, 2019 | 9956907 | Venture Debt | 1866749 | 3620260 | 2049923 |
View details of Borrowell's funding rounds and investors
Borrowell's founders and board of directors
Founder? Claim ProfileThe founders of Borrowell are Andrew Graham, Salim Naran and Scott Laitinen. Andrew Graham is the CEO of Borrowell.
Here are the details of Borrowell's key team members:
- Andrew Graham: Co-Founder & CEO of Borrowell. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Salim Naran: Former Co-Founder of Borrowell. Contact Info: 3 email addresses
- Scott Laitinen: Co-Founder of Borrowell. Contact Info: 1 email address
View details of Borrowell's Founder profiles and Board Members
Borrowell's employee count trend
Borrowell has 126 employees as of Aug 26. Here is Borrowell's employee count trend over the years:
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Borrowell's Investments and acquisitions
Borrowell has acquired Refresh Financial. Borrowell has not made any investments as of now.Reports related to Borrowell
Here is the latest report on Borrowell's sector:
News related to Borrowell
Media has covered Borrowell for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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BMO Partners with Instacart for Convenience and Savings in CanadaBenzinga•Oct 29, 2025•BMO, Instacart, Crave, Borrowell
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Borrowell Collaborates With BMO and Visa To Offer an Exclusive $100 Uber Gift Card PerkCNW•Aug 11, 2023•Borrowell, BMO, Visa
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CivicAction welcomes new Board membersCNW•Jun 27, 2022•Civicaction, Borrowell, Nieuport Aviation, TD Bank and 1 other
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Equifax Canada Launches Final Stage Of Cloud Transformation With BorrowellFinancial IT•May 03, 2022•Equifax Canada Co., Borrowell
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Consumers Need to Avoid Revenge Spending Post-Pandemic: BorrowellCrowdfund Insider•Jul 15, 2021•Borrowell
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Proxy Advisory Firm Iss Recommends Stratus Shareholders Oppose Nominee Jim Leslie And Poison PillBusiness Wire India•May 21, 2021•Proxy, iSS, Borrowell
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Call of Duty Mobile to get Season 3 update later this week: Season name, new maps and moreGadgets Now•Apr 13, 2021•Activision, Borrowell
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Borrowell Raises $25M in FundingFinSMEs•Mar 01, 2021•Borrowell, Kensington Capital Partners, BDC, iA Financial Group and 6 others
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Borrowell Raises $25 Million To Fund Acquisition Of Refresh FinancialBetaKit•Feb 22, 2021•Borrowell, Kensington Capital Partners, BDC, iA Financial Group and 5 others
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