Ratehub's business, roughly speaking, is split evenly between Ratehub.ca and CanWise Financial. On Ratehub.ca, there is advertising and the company gets fees from banks and the like when it connects a customer with a service, such as $100 for a credit card or $200 for a mortgage. Ratehub did not disclose a new valuation or sales data. Ms. Furtado said the Elephant financing values Ratehub at a level "many times higher" than the $14-million deal on Dragons' Den would have. Ratehub did not reiterate its previously stated goal of $100-million in sales by 2021, but James Laird, a co-founder of Ratehub and president of its mortgage brokerage, said, "We're pacing in that direction, certainly."

https://www.theglobeandmail.com/report-on-business/small-business/sb-money/ratehub-taps-12-million-in-venture-funding-from-boston-based-elephant-partners-lp/article37600612/