Emerging and High Growth Companies

Wealthsimple in its $750-million Series E round at a post-money valuation of $10 billion Wealthsimple in its $750-million Series E round at a post-money valuation of $10 billion

Wealthsimple
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Nik Popovski

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto

On October 27, 2025, Wealthsimple announced that it has signed a Series E round of up to $750 million at a post-money valuation of $10 billion. The round, which includes both a $550-million primary offering and a secondary offering of up to $200 million, is co-led by Dragoneer Investment Group and GIC. Other investors include new investor Canada Pension Plan Investment Board (CPP Investments) and existing investors Power Corporation of Canada, IGM Financial Inc., ICONIQ, Greylock and Meritech.

Founded in 2014, Wealthsimple is Canada’s largest and most popular digital wealth manager. Osler, Hoskin & Harcourt LLP advised Wealthsimple with a team consisting of Chad Bayne, Justin Dharamdial, Ferial Fekri, Nik Popovski and Husnain Malik (Emerging and High Growth Companies).

Value
$750 million
Date Announced
October 27, 2025
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

Ferial Fekri

Associate, Emerging and High Growth Companies, Toronto

Nik Popovski

Associate, Emerging and High Growth Companies, Toronto

Husnain Malik

Associate, Emerging and High Growth Companies, Toronto