Dragoneer Investment and GIC led a CAD750m Series E round in Wealthsimple.

Dragoneer Investment, a growth-oriented public and private investor, and GIC, a sovereign wealth fund, led a CAD750m Series E round in Wealthsimple, a provider of investment management services, with participation from CPP Investments, Power Corporation of Canada, IGM, ICONIQ, Greylock, and Meritech. "This raise reflects deep confidence from new and returning investors in our mission and our role as a defining Canadian company. We were intentional in choosing partners committed to the long-term future of Wealthsimple. These are well-respected, global leaders with a proven track record scaling category leaders, and who believe in our vision for the future of financial services," said Michael Katchen, Wealthsimple Co-Founder and CEO.