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nesto raises $302 million Series E at a $1.47 billion valuation to accelerate growth with investments from La Caisse, Fidelity, and others.

PRIVATEJun 10, 2026•4 days ago

Amount Raised

$302 Million

Round Type

series e

MontrealFinancial ServicesLending

Investors

FondactionFonds De Solidarité FtqNational Bank Of Canada’s Corporate Venture Capital ArmN AventuresDiagramPortageEndeavor CatalystPicton InvestmentsFidelity Investments Canada UlcLa Caisse

Description

MONTREAL, June 10, 2026 (GLOBE NEWSWIRE) -- nesto, Canada’s leading mortgage technology and financing platform, today announced the successful closing of a CAD 302 million Series E financing round. The funding round brings together prominent new investors, including La Caisse and Fidelity Investments Canada ULC. With this new capital, nesto will accelerate the development of its technology and AI capabilities. This marks a significant milestone in nesto’s continued growth and expansion.

Company Information

Company

nesto

Location

Montreal, Quebec, Canada

About

nesto is Canada’s leading digital mortgage lending platform, with a dedicated team of qualified mortgage experts supported by advanced technologies. The company is on a mission to offer a positive, empowering and transparent property financing experience, simplified from start to finish to all Canadians. nesto is delivering on this mission by offering Canadians a leading digital mortgage experience and by empowering partner mortgage lenders to improve and streamline their mortgage lending operations with the nesto Mortgage Cloud

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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 FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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