OneVest, a Calgary and Toronto, Canada-based provider of a wealth-as-a-Service platform, raised CAD$17M in Series A funding.
The round, which brought total investment to CAD$24M, was led by Omers Ventures with participation from existing investors Luge Capital, Panache Ventures, AAF Management, FJ Labs, and new investors Fin Capital, Pivot Investment Partners and Deloitte Ventures.
The company intends to use the funds to accelerate its growth, expand into the US market and for other general corporate purposes, including recruiting across enterprise sales, business operations, product, and engineering departments.
Founded in 2021 by Amar Ahluwalia, Jakob Pizzera and Nathan Di Lucca, OneVest provides a Wealth-as-a-Service platform, which enables financial institutions to integrate and configure various components of a wealth management offering for their customers, based on their specific needs and requirements. It also allows enterprises enhance distribution, and streamline front, middle, and back office operations, which currently are based on manual processes.
FinSMEs
13/06/2023