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Great-West Lifeco Inc. has raised CAD 150 million through a public offering of 6 million Series Z preferred shares, led by BMO Capital Markets, RBC Capital Markets, and Scotiabank.

PUBLIC · GWLIFSep 17, 2025

Amount Raised

C$150 Million

Round Type

Funding Round

WinnipegFinancial ServicesInsurance

Investors

Banque ScotiaRBC Marchés Des CapitauxBMO Marchés Des Capitaux

Description

Great-West Lifeco Inc. announced a firm agreement with underwriters to sell 6 million Series Z preferred shares for CAD 25 each, totaling CAD 150 million. An additional option allows underwriters to purchase up to 2 million more shares, potentially raising total proceeds to CAD 200 million. The net proceeds will be used for general corporate purposes

Quick answer

Great-West Lifeco raised C$150 Million in a Funding Round round, dated September 17, 2025. Investors: Banque Scotia, RBC Marchés Des Capitaux and BMO Marchés Des Capitaux. Great-West Lifeco is based in Winnipeg, Manitoba, Canada.

How much did Great-West Lifeco raise?
Great-West Lifeco raised C$150 Million in a Funding Round round on September 17, 2025.
Who invested in Great-West Lifeco?
Banque Scotia, RBC Marchés Des Capitaux and BMO Marchés Des Capitaux are named as investors in this round.
What does Great-West Lifeco do?
Great-West Lifeco Inc. is a Canadian life insurance and financial services holding company.
Where is Great-West Lifeco based and how big is it?
Great-West Lifeco is based in Winnipeg, Manitoba, Canada. Fundz records about 34,000 employees.
Who are the decision-makers at Great-West Lifeco?
Fundz holds 1 contact at Great-West Lifeco, including the Assistant Vice-President, HR Business Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Insurance around the same time

Companies in the same sectors as Great-West Lifeco that raised within 45 days of this round, from Fundz verified event records.

  • Bima raised $581K (Pre-Seed) on October 9, 2025.
  • Anthea raised $22M (Series A) on October 8, 2025.
  • Meanwhile raised $82M (Funding Round) on October 7, 2025.
  • PasarPolis raised $5M (Funding Round) on September 22, 2025.
  • Resolvr raised an undisclosed amount (Seed) on September 16, 2025.
  • Vantage Group Holdings raised $900M (Debt Financing) on September 13, 2025.

Who to call at Great-West Lifeco, and when

A new round usually means Great-West Lifeco is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Great-West Lifeco raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Great-West Lifeco

Location

100 OSBORNE ST. N.

Winnipeg, Manitoba, Canada

About

Great-West Lifeco Inc. is a Canadian life insurance and financial services holding company. It operates various subsidiaries that provide a range of life, health, and retirement products. The company aims to help individuals and businesses achieve financial security through its diverse offerings.

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Related People

1 contact
Verified contactsShelly S., Assistant Vice-President, HR Business P… hiddenSee plans and pricing
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Great-West Lifeco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.