Nesto

Active#21 in Canada

Digital mortgage lender

Proptech›digital mortgage lender

Founded2018

HQMontreal

RaisedUSD 230M+

Last roundSeries E · Jun 2026

Country of originCanadaListed in the Canada ranking

Where would you invest?CanadaJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Canada · all sectors	Top 50	#21	Edition 0 – beta · October 2026	9 Oct 2026

Rank historyOct 2026 · #21First edition: no movements yet.

Estimated valuation

AI · Canada ranking

≈ USD 1.1bnUSD 850M–1.3bn · Unicorn High confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Series E · USD 218.6M · Jun 2026
Published valuation: USD 1.1bn · Jun 2026
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD 230M+ raised in total

Date	Round	Amount	Type	Investors
Jun 2026	Series E	USD 219M	Equity	La Caisse, Fidelity, Picton, Portage, Fonds FTQ

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

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ValuationWhat is Nesto worth?

Versus competitorsIs #21 the right rank?

Who should acquire itStrategic buyers, and why

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What the AI reads

Read by the AI at the next edition.

Comparable companies in Canada

Full Canada ranking →

Blockstream#20Crypto › Bitcoin infrastructureUnicorn Vention#22Robotics › industrial automation platformUnicorn Beacon Software#19Software › buys and modernises vertical software firmsUnicorn KOHO#23Fintech › neobankHundreds of M$

Investors in Nesto: La Caisse · Fidelity · Picton · Portage · Fonds FTQ

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.