KOHO Financial

About

KOHO is an online financial services provider that offers an application-based banking platform to simplify financial products.

Toronto,Ontario,Canada
101 - 250
http://www.koho.ca/

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $150M
Industries: Finance,Financial Services,FinTech,Mobile Payments,Payments
Founded date: Jan 1, 2014
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: KOHO Financial Inc.
Also Known As: KOHO

KOHO Financial provides an application-based banking platform to simplify financial products available to everyone. Its platform helps users to complete their day-to-day banking operations while offering tools such as goals, cash flow projections, group spending, spending insights, and categorizations to let users manage their expenses and banking operations on the go.

The company was founded in 2014 and is headquartered in Toronto, Ontario.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$355M $1M

KOHO Financial has raised a total of $355M $1M in funding over 2 rounds. Their latest funding was raised on Feb 1, 2022 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Feb 1, 2022	Series D	$150M	7	Eldridge	—	Detail
Feb 1, 2022	Debt Financing	$50M	—	—	—	Detail
Feb 1, 2022	Secondary Market	$10M	—	—	—	Detail
Mar 11, 2021	Series C	$50M	3	TTV Capital	—	Detail
Mar 11, 2021	Debt Financing	$20M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

20

KOHO Financial is funded by 20 investors. Eldridge and Power Financial Corporation are the most recent investors.

Investor Name	Lead Investor	Funding Round
Eldridge	Yes	Series D
Power Financial Corporation	Yes	Seed
Business Development Bank of Canada	—	Series D
Drive Capital	—	Series D
Healthcare of Ontario Pension Plan (HOOPP)	—	Series D
Portage Ventures	—	Series D
Round13 Capital	—	Series D
TTV Capital	—	Series D
NAventures	—	Series B
Greyhound Capital	—	Series B