Canada based robo-advisor raised $610m in new funding led by Meritech Capital Partners and Greylock.
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Wealthsimple raises $610m in new funding at $4b valuation
With this funding, Wealthsimple plans to “expand its market position, build out its product suite, and grow its team.” The company also offers automated savings and investing products (the robo-advisor tools it was originally founded around), as well as tax filing tools, and it has demonstrated a clear appetite and ability to expand its offerings to encompass even more of its customers financials lives when committed with fresh resources to do so.
