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Purpose Unlimited - About the company

Purpose Unlimited is a series C company based in Toronto (Canada), founded in 2012. It operates as a Provider of wealth management services. Purpose Unlimited has raised $42.1M in funding from Allianz X. The company has 985 active competitors, including 19 funded and 146 that have exited. Its top competitors include companies like FIS, S&P Global and Investec.

Company Details

Email ID
*****@purpose-unlimited.com
Phone Number
+1 **********
Key Metrics
Founded Year
2012
Location
Toronto, Canada
Stage
Series C
Total Funding
$42.1M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
117 as on Jul 31, 2026
Investment & Acquisitions
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Purpose Unlimited's funding and investors

Purpose Unlimited has raised a total funding of $42.1M over 1 round. Its latest funding round was a Series C round on Feb 10, 2021 for $*****. 1 investor participated in its latest round. Purpose Unlimited has 4 institutional investors.

Here is the list of recent funding rounds of Purpose Unlimited:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 10, 2021
7019649
Series C
9869733
1996799
4007902
4195421
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Purpose Unlimited's founders and board of directors

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Purpose Unlimited's employee count trend

Purpose Unlimited has 117 employees as of Jul 26. Here is Purpose Unlimited's employee count trend over the years:
Employee count trend for Purpose Unlimited
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Purpose Unlimited's Competitors and alternates

Top competitors of Purpose Unlimited include FIS, S&P Global and Investec. Here is the list of Top 10 competitors of Purpose Unlimited, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for FIS
FIS
1968, Jacksonville (United States), Acquired
Provider of software suite for banks and financial institutions
-
81/100
2nd
Logo for S&P Global
S&P Global
1917, New York City (United States), Public
Provider of essential intelligence and market analysis for global finance
-
79/100
3rd
Logo for Investec
Investec
1974, London (United Kingdom), Acquired
Specialist bank and wealth manager serving private and institutional clients
-
77/100
4th
Logo for Royal Bank of Canada
Royal Bank of Canada
1864, Toronto (Canada), Public
Commercial bank
-
-
76/100
5th
Logo for India Infoline
India Infoline
1995, Mumbai (India), Public
Traditional Broker for trading in stocks, mutual fund, and commodities
-
68/100
6th
Logo for State Street
State Street
1792, Boston (United States), Public
Provider of data solutions, research, cash management, and foreign exchange
-
68/100
7th
Logo for Brookfield Asset Management
Brookfield Asset Management
1899, Toronto (Canada), Public
Private equity fund focused on real estate and renewable energy
-
65/100
8th
Logo for Sun Life Financial
Sun Life Financial
1865, Toronto (Canada), Public
Diversified insurance and asset management firm
-
65/100
9th
Logo for StoneX
StoneX
1924, New York City (United States), Public
Trade execution solutions for multiple assets
-
64/100
10th
Logo for Eaton Vance Management
Eaton Vance Management
1924, Boston (United States), Acquired
Platform offering mutual funds and investment management solutions
-
62/100
32nd
Logo for Purpose Unlimited
Purpose Unlimited
2012, Toronto (Canada), Series C
Provider of wealth management services
$42.1M
49/100
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Purpose Unlimited's Investments and acquisitions

Purpose Unlimited has made 2 investments in Tetradg and Tetra and acquired Steadyhand.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 08, 2025
Investments
2013
-
Sep 04, 2025
Investments
2019
Calgary (Canada)
Mar 24, 2025
Acquisition
2006
Vancouver (Canada)
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News related to Purpose Unlimited

Media has covered Purpose Unlimited for a total of 8 events in the last 1 year, 5 of them have been about company updates.
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FAQs about Purpose Unlimited

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