Investors
Nesto Group Investors
Nesto Group is supported by a strong and diverse base of investors who share its vision of building the mortgage ecosystem of the future. These partnerships enable Nesto Group to continue its rapid growth, innovate its technology, and expand its reach across Canada.
Key investors
IGM Financial Inc.
A leading diversified wealth and asset management company, IGM Financial Inc. has been a significant investor in Nesto Group, notably leading its $80 million Series C financing round in December 2022. Their investment underscores a shared commitment to transparency, digital enablement, and enhancing Canadians' access to homeownership.
Diagram Ventures
As a venture builder that co-founded Nesto, Diagram Ventures has been a foundational investor since Nesto's inception. They actively support Nesto Group in co-creating new companies in financial services, insurance, and healthcare, providing a unique platform for growth and innovation.
Portage
Portage is a global fintech investor and a key backer of Diagram Ventures, making it a significant indirect and direct investor in Nesto Group. Their involvement reflects a belief in Nesto Group's potential to transform the financial services landscape through technology.
NAventures (National Bank of Canada's corporate venture capital arm)
NAventures, the corporate venture capital arm of the National Bank of Canada, is a strategic investor in Nesto Group. Their support validates Nesto Group's hard work and commitment to developing best-in-class technology and expanding its services through partnerships with financial institutions.
BMO Capital Partners Inc.
BMO Capital Partners Inc. has participated in Nesto Group's funding rounds, demonstrating confidence in the company's growth trajectory and its mission to modernize mortgage operations with cutting-edge technology.
Fonds de solidarité FTQ
The Fonds de solidarité FTQ is a development capital fund that invests in Quebec companies to create, maintain, and protect jobs. Their investment in Nesto Group highlights a commitment to supporting innovative Canadian businesses and contributing to the local economy.
Fondaction
Fondaction is a labor-sponsored fund that supports the sustainable development of Quebec's economy. Their investment aligns with Nesto Group's vision for a more efficient and accessible mortgage ecosystem, contributing to a stronger financial future for Canadians.
Michael Paulus and Michael Rowell
These angel investors led Nesto's Series B round and have continued their support in subsequent funding rounds. Their early and sustained investment reflects a strong belief in Nesto Group's leadership and its innovative approach to the mortgage industry.