A consortium of investors led by TCV completed the $80m investment in Wealthsimple.

A consortium of investors led by TCV, a provider of capital to growth-stage private and public companies in the technology industry, with participation from Greylock, Meritech, Two Sigma Ventures and existing investor Allianz X, completed the $80m investment in Wealthsimple, a provider of investment management services. “We have been watching Wealthsimple’s rise in the Canadian market and love the way the company is bringing simplicity, humanity, and delight to personal finance. TCV is focused on businesses that have the potential to transform industries, and we are thrilled to work with Mike and the Wealthsimple team to build a leader in financial services and an important consumer platform," David Yuan, TCV General Partner.