Nesto - About the company
Nesto is a series C company based in Montreal (Canada), founded in 2018 by and . It operates as a Residential Mortgage Loan Marketplace. Nesto has raised $130M in funding from investors like , IGM Financial and Diagram Ventures. The company has 42 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Manzil, Pinch Financial and Pine.
Company Details
Residential Mortgage Loan Marketplace. The platform uses an AI-powered algorithm to present relevant mortgage products. It automatically links the user's property and financial details to their private dashboard in order to provide available loan options.
- Website
- Social
- Email ID
- @nesto.ca
- Phone Number
- +1
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Nesto's funding and investors
Nesto has raised a total funding of $130M over 3 rounds. Its first funding round was on Jun 02, 2020. Its latest funding round was a Series C round on Dec 13, 2022 for $58.9M. 7 investors participated in its latest round, lead by IGM Financial.
Nesto has 9 institutional investors including , IGM Financial and Diagram Ventures. There are 3 Angel Investors in Nesto.
Here is the list of recent funding rounds of Nesto:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Dec 13, 2022 | $58.9M | Series C | 7025639 | 9579068 | |
Jun 10, 2021 | $62.8M | Series B | 5300422 | 4990305 | Michael Rowell, Michael Paulus, and |
Jun 02, 2020 | $8.5M | Series A | 5777409 | 8828667 |
View details of Nesto's funding rounds and investors
Nesto's founders and board of directors
The founders of Nesto are and . is the CEO of Nesto.
View details of Nesto's Founder profiles and Board Members
Nesto's Competitors and alternates
Top competitors of Nesto include Manzil, Pinch Financial and Pine. Here is the list of Top 10 competitors of Nesto, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | ![]() 2018, Montreal (Canada), Series C | Residential Mortgage Loan Marketplace | $130M | BMO, National Bank of CanadaÌý&²¹³¾±è;Ìý | 55/100 |
2nd | Online marketplace for shariah-compliant mortgage loans | $2.77M | 54/100 | ||
3rd | ![]() Pinch Financial 2016, Toronto (Canada), Acquired | Online marketplace for residential mortgage loans | - | 45/100 | |
4th | Provider of an online marketplace to find home loans | $21.6M | Greylock, Thomvest VenturesÌý&²¹³¾±è;Ìý | 44/100 | |
5th | Canadian Mortgage App 2013, Toronto (Canada), Unfunded | End-to-end consumer mortgage planning app | - | - | 39/100 |
6th | Provider of end to end online brokerage services for buying and selling residential properties | $75M | Industry Ventures, SVBÌý&²¹³¾±è;Ìý | 38/100 | |
7th | Developer of an online platform for residential mortgages | $4.79M | BEST Funds, Second Century VenturesÌý&²¹³¾±è;Ìý | 32/100 | |
8th | Online platform for residential mortgages | - | 31/100 | ||
9th | Online P2P lending platform for residential mortgage loans | - | - | 28/100 | |
10th | Mortgage brokerage firm | $2.99M | MaRS Investment Accelerator Fund, Clanton CapitalÌý&²¹³¾±è;Ìý | 23/100 |
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Nesto's Investments and acquisitions
Nesto has made no investments or acquisitions yet.
Reports related to Nesto
Here is the latest report on Nesto's sector:
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News related to Nesto
Media has covered Nesto for a total of 3 events in the last 1 year, 2 of them have been about people movement.
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Benzinga•Mar 19, 2025•Nesto
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Financial Post•Mar 19, 2025•Nesto
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GlobeNewswire•Jun 21, 2024•, Nesto,
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lelezard.com•Nov 08, 2023•Nesto
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