Canadian Wealth-as-a-Service firm OneVest has raised C$17 million in a Series A funding round led by Omers Ventures

Luge Capital, Panache Ventures, AAF Management, FJ Labs, Fin Capital, Pivot Investment Partners and Deloitte Ventures participated in the round.

Founded in 2021, OneVest provides a modular and adaptable infrastructure platform that allows financial firms to integrate and configure different components of wealth management services. for their customers. According to the company, it also allows companies to automate and streamline administrative and middle-office functions, which currently rely heavily on manual processes.

Users benefit from an intuitive interface for investors and advisors, powerful data aggregation, a trusted registry and powerful portfolio management tools, allowing them to create a property management service that offers a tailored service, which could launch in a few weeks.

This funding will be used to accelerate the company’s growth, recruitment, and expansion into the US market.

“We’ve built OneVest as a durable, highly scalable platform that can shape the future of wealth management.

“Financial institutions need exceptional experiences to meet both customer and advisor expectations when it comes to technology. The ability to implement a modern service with all the required compliance requirements built in, is compelling.”

Amar Ahluwalia, Co-founder and CEO of OneVest.