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On the TechTO stage
Wealthsimple, Sonder, BuzzBuzzHome, Precision AI, Carrot Studio
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The Ultimate Success Story: Wealthsimple
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About
Founded in 2014, Wealthsimple grew from a robo-advisor into Canada's largest independent money platform. In 2024 it recorded $25B of net new deposits — the first year it beat one of the big five banks on a major financial metric, as CEO Mike Katchen shared on the TechTO stage in April 2025.
Backers
Power Corp, Meritech, Greylock, TCV, iNovia, Allianz X · C$1B+ raised
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Quick answers
What does Wealthsimple do?
Investing, cash, tax and crypto in one app — money management for 4 million+ Canadians, founded in Toronto in 2014.
Who founded Wealthsimple?
Mike Katchen and Brett Huneycutt, in 2014. Katchen is still CEO.
How big is Wealthsimple?
4 million+ clients and $60B+ in assets; $25B of net new deposits in 2024 — the first year it beat a big-five bank on a major metric, as shared on the TechTO stage in April 2025.