Wealthsimple launches with $1.9 mln from angels, Impression Ventures

Wealthsimple has officially launched with the support of startup funding. The company's CEO and founder Michael Katchen confirmed to peHUB Canada that the company has raised $1.9 million from Joe Canavan, Roger Martin, David Ossip, Dan Debow and Canadian venture capital firm Impression Ventures. Based in Toronto, Wealthsimple provides low-cost, technology-driven investment strategies and personalized service to investors in Canada. Impression Ventures, which is led by Bryan Kerdman and Christian Lassonde, is focused on investing in software companies in e-commerce, financial applications, SaaS, consumer applications and enterprise solutions.

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