# Wealthsimple closes about CAD 425 million strategic funding (valuation basis per original report)

On 2026-10-27, according to fireround, Wealthsimple Financial Corp. closed a $425 million funding round.



Canonical: https://uniquebase.ai/news/00396175-fd94-408b-a425-cd4bf35c5a65
Stable identifier: 00396175-fd94-408b-a425-cd4bf35c5a65
Snapshot captured: 2026-11-03T00:51:03.388Z
English updated: 2026-11-03T00:56:45.720Z

## Connected profiles

- [GIC](/institutions/gic)
- [GIC Private](/institutions/gic-private)
- [Wealthsimple](/companies/wealthsimple-financial)

## Sources

- https://newsroom.wealthsimple.com/wealthsimple-raises-425-million-at-138-billion-valuation-to-accelerate-growth