When was Wealthsimple founded?

Wealthsimple was founded in 2014 and became a unicorn in 2020.

Where is Wealthsimple located?

Wealthsimple is headquartered in Toronto, Canada. It is registered at Brooklyn,New York.

Who is the current CEO of Wealthsimple?

Michael Katchen of Wealthsimple. They have also founded 1 company and are angel investors in 8 startups, including CleverTown.

How many employees does Wealthsimple have?

As of Jul 31, 2026, the latest employee count at Wealthsimple is 2499.

Is Wealthsimple a funded 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 $1.74M Seed round, raised on May 15, 2014.

How much is Wealthsimple worth?

The latest valuation of Wealthsimple is $10B as of Oct 27, 2025.

When was the latest funding round of Wealthsimple?

Wealthsimple's latest funding was a $393M Series F round on Oct 27, 2025, with participation from 8 investors.

Is Wealthsimple a Cryptocurrencies company?

The primary sectors of Wealthsimple are Cryptocurrencies, Banks and Investment Tech.

Where does Wealthsimple rank among its competitors?

Wealthsimple ranks 21st amongst 2381 active competitors, of which 253 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Mercury, which secured $200M in May, 2026.

Who are the top competitors of Wealthsimple?

Wealthsimple's top competitors include Groww, Robinhood and Coinbase. Among them, Mercury secured the most recent funding round in May, 2026.

Wealthsimple - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Wealthsimple operate in

Wealthsimple serves in the FinTech, Blockchain Technology, Financial Services market segments.The primary business model of Wealthsimple are:

Company Details

Provider of financial services including investing, trading, saving, and borrowing. The company offers chequing accounts, credit cards, and savings accounts. It provides self-directed investing in stocks, ETFs, options, margin, gold, and crypto. Wealth management services include portfolios, direct indexing, and income portfolios. Mortgages and tax filing services are also available.

Website: www.wealthsimple.com/en-ca
Social
Email ID: *****@wealthsimple.com
Phone Number: +1 **********
Registered Address: Brooklyn,New York

Key Metrics

Founded Year

2014

Location

Toronto, Canada

Stage

Series F

Total Funding

$1.29B in 9 rounds

Latest Funding Round

Series F, Oct 27, 2025, $393M

Post Money Valuation

$10B as on Oct 27, 2025

Investors

Power financial & 40 more

Ranked

21^st among 2381 active competitors

Employee Count

2,499 as on Jul 31, 2026

Investment & Acquisitions

Tetradg & 4 more

Similar Companies

Robinhood & 5392 more

View Wealthsimple's full profile

Wealthsimple is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WEALTHSIMPLE UK LTD. CIN: 10154561 , United Kingdom, Active	Apr 27, 2016	£1M - £10M (As on Dec 31, 2022)	3 (As on Dec 31, 2022)
WEALTHSIMPLE US, LTD. CIN: 814173465 , Belgium, Active	Dec 31, 1999	-	22 (As on Dec 31, 2019)	-

Wealthsimple has raised a total funding of $1.29B over 9 rounds. Its first funding round was on May 15, 2014. Its latest funding round was a Series F round on Oct 27, 2025 for $393M. 8 investors participated in its latest round. Wealthsimple has 33 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Wealthsimple:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 27, 2025	$393M	Series F	$10B	-	GIC, Dragoneer Investment Group	CPP Investments, Power Corporation of Canada, IGM Financial, Iconiq Capital, Greylock Partners, Meritech
May 03, 2021	$610M	Series F	-	-	Meritech, Greylock Partners	Dragoneer Investment Group, Ryan Reynolds, Kelly Olynyk, Patrick Marleau, DST Global, Sagard, Steadfast, TCV, Alkeon Capital Management, Allianz X, Plus Capital, TSVC, Base10 Partners, Iconiq Capital, Redpoint Ventures, Inovia Capital
Oct 14, 2020	$86.8M	Series E	$1.5B	-	TCV	Greylock Partners, Two Sigma Ventures, Allianz X, Meritech

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View details of Wealthsimple's funding rounds and investors

The founders of Wealthsimple are Michael Katchen, Rudy Adler and Brett Huneycutt. Michael Katchen is the CEO of Wealthsimple.

Here are the details of Wealthsimple's key team members:

Michael Katchen: Co-Founder & CEO of Wealthsimple and founder of 1 other company. They are also an angel investor in 8 startups and serve on the board of 1 company.
Contact Info: 1 email address
Rudy Adler: Former Co-Founder of Wealthsimple and founder of 2 other companies, CleverTown and 1000Memories.
Brett Huneycutt: Co-Founder & Chief Product Officer of Wealthsimple and founder of 2 other companies, CleverTown and 1000Memories.
Contact Info: 1 email address

View details of Wealthsimple's Founder profiles and Board Members

Wealthsimple's employee count trend

Wealthsimple has 2,499 employees as of Jul 26. Here is Wealthsimple's employee count trend over the years:

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Top competitors of Wealthsimple include Groww, Robinhood and Coinbase. Here is the list of Top 10 competitors of Wealthsimple, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Groww 2016, Bengaluru (India), Public	Provider of an online platform for investments and trading services	$596M	Tiger Global Management, Ribbit Capital & 24 others	89/100
2nd	Robinhood 2013, Menlo Park (United States), Public	Broker-based online trading and investment platform	$5.73B	DST Global, Sequoia Capital & 149 others	88/100
3rd	Coinbase 2012, San Francisco (United States), Public	Online platform for crypto portfolio	$547M	Tiger Global Management, DFJ Growth & 147 others	87/100
4th	Revolut 2015, London (United Kingdom), Series E	Provider of banking solutions for retail customers and businesses	$1.99B	Balderton Capital, TCV & 146 others	86/100
5th	Brex 2017, Draper (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 68 others	85/100
6th	Monzo 2015, United Kingdom, Series I	Provider of digital banking services including savings accounts and loans	$1.81B	General Catalyst, Passion Capital & 65 others	84/100
7th	Tide 2015, London (United Kingdom), Series C	Digital business banking platform	$181M	Augmentum Fintech, Apax & 43 others	83/100
8th	Starling Bank 2014, London (United Kingdom), Series D	Provider of digital banking services including savings and payment accounts	$1.06B	Merian Global Investors, Goldman Sachs & 35 others	83/100
9th	Mercury 2017, San Francisco (United States), Series D	Provider of a comprehensive online platform offering a range of financial services	$546M	TCV, CRV & 76 others	83/100
10th	Ally 1919, Detroit (United States), Public	Provider of banking, auto finance, investing, and life insurance products	$1.3B	Omega Advisors, General Motors & 5 others	81/100
21st	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	TCV, Meritech & 39 others	77/100