Wealthtech OneVest secures C$17m to expand business
OneVest, a Canadian-based wealth-as-a-service platform, has raised C$17m in a Series A funding round led by Omers Ventures. OneVest, which offers a modern platform for financial institutions to launch robo-advisor or digital wealth management services, plans to use the funding to expand its Toronto and Calgary teams, sales, business ops, product, and engineering, and support its expansion into the US.
The round brings OneVest’s total investment to $24m. Among other investors participating in the round include Luge Capital, Panache Ventures, FJ Labs, Fin Capital, Pivot Investment Partners, AAF Management, and Deloitte Ventures.