OneVest Raises $20 Million in Series B

by Kay Aloha Villamor in February 4th, 2025

OneVest, a Toronto, Canada-based wealth management technology platform, hs raised $20 million in Series B funding.

Investors 

The round was led by Salesforce Ventures, with participation from new investors Allianz Life Ventures and TIAA Ventures. Returning investors include OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, and Pivot Investment Partners. 

Founded in 2009, Salesforce Ventures is the corporate venture capital arm of Salesforce. It provides enterprising founders with patient capital, a coveted community, and privileged access to the resources needed to build industry-defining companies. The firm invests globally in enterprise software companies at all stages, from seed funding to growth. 

OneVest Use of Funds 

The new funding will allow OneVest to focus on company growth and product development. 

About OneVest 

OneVest is a financial technology company on a mission to power the world’s wealth. It offers an end-to-end wealth management platform, from client onboarding to portfolio management, analytics, and beyond. OneVest’s software is built to be modular, allowing financial institutions to fill gaps in their processes depending on their needs. 

Funding Details 

Company: OneVest Technologies Inc. 

Raised: $20.0M 

Round: Series B 

Funding Date: January 2025 

Lead Investor: Salesforce Ventures 

Additional Investors: Allianz Life Ventures, TIAA Ventures, OMERS Ventures, Deloitte Ventures, Fin Capital, Luge Capital, Pivot Investment Partners 

Company Website: https://www.onevest.com/  

Software Category: Wealth Management 

Source: https://www.businesswire.com/news/home/20250129763624/en/ 

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