Nesto Raises $80 Million Series C Financing Round To Accelerate Canadian Expansion And Launch Nesto Mortgage Cloud

Dec 13, 2022•over 2 years ago

Amount Raised

$80 Million

Round Type

series c

MontrealLendingFinancial Services

Description

nesto, Canada’s online mortgage lender, announced today the closing of an oversubscribed $80 million Series C financing. The financing round was led by IGM Financial, Inc, with support from existing and new investors; Diagram Ventures, Portage, NAventures, National Bank of Canada’s corporate venture capital arm, BMO Capital Partners, as well as Michael Rowell and Michael Paulus.

Company Information

Company

nesto

Location

Montreal, Quebec, Canada

About

nesto is Canada’s leading digital mortgage lending platform, with a dedicated team of qualified mortgage experts supported by advanced technologies. The company is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish to all Canadians. nesto is delivering on this mission by offering Canadians a leading digital mortgage experience and by empowering partner mortgage lenders to improve and streamline their mortgage lending operations with the nesto Mortgage Cloud

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Nesto Raises $80 Million Series C Financing Round To Accelerate Canadian Expansion And Launch Nesto Mortgage Cloud

Description

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