Nesto

About

Nesto is a digital mortgage platform helping lenders to improve and streamline their operations with the the nesto Mortgage Cloud.

Montreal,Quebec,Canada
101 - 250
https://www.nesto.ca

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $80M
Industries: Financial Services,FinTech,Real Estate
Founded date: Jan 1, 2018
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: nesto Inc.

Nesto is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish.

Powered by the most advanced technology, Nesto screens the whole market in seconds to find the most affordable mortgage while its commission-free experts provide clients with unbiased support along the process.

Nesto was founded in 2018 and is located at Montreal, Quebec.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$80.01M $87.50M

Nesto has raised a total of $80.01M $87.50M in funding over 2 rounds. Their latest funding was raised on Dec 13, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 13, 2022	Series C	$80M	7	IGM Financial	—	Detail
Jun 10, 2021	Series B	$76M	6	Michael Paulus Michael Rowell	—	Detail
Jun 2, 2020	Series A	$11.50M	2	Diagram Ventures Investissement Quebec	—	Detail
Nov 1, 2018	Grant	$15K	1	Mackenzie Investments	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

11

Nesto is funded by 11 investors. IGM Financial and Investissement Quebec are the most recent investors.

Investor Name	Lead Investor	Funding Round
IGM Financial	Yes	Series C
Investissement Quebec	Yes	Series A
Mackenzie Investments	Yes	Grant
BMO Capital Markets	—	Series C
Diagram Ventures	—	Series C
Michael Paulus	—	Series C
Michael Rowell	—	Series C
NAventures	—	Series C
Portage Ventures	—	Series C
Breyer Capital	—	Series B