Wealthsimple Raises C$425M at C$13.8B Valuation, Up 38%
Wealthsimple raised up to C$425 million (about $303 million USD) at a C$13.8 billion valuation (about $9.8 billion USD), led by GIC, as assets under administration hit $169.2 billion.
Company intelligence
As of October 29, 2026, Wealthsimple was last valued at C$13.8B (Wealthsimple Newsroom).
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| Date | Round | Amount | Valuation | Lead investors | Source |
|---|---|---|---|---|---|
| Oct 29, 2026 | Funding round | CAD $425M | CAD $13.8Bpost-money | GICunverified WithIconiq CapitalunverifiediNovia CapitalunverifiedPower Corporation of CanadaIGM Financial Inc.CPP Investments | The SaaS News |
Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.
Wealthsimple was last valued at C$13.8B, according to Wealthsimple Newsroom (October 27, 2026).
Lead investors in Wealthsimple's sourced funding rounds include GIC. Per round: its October 2026 funding round was led by GIC.
Wealthsimple was founded in 2014 and is headquartered in Toronto, Canada, according to Wikidata.
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.