Nesto

Nesto is a digital mortgage lender that helps Canadians buy, renew, and refinance their homes.

Latest funding

$107M Series B+ · June 10, 2026

Source: fundraisingfox.com

Total raised: $237M across 4 sourced rounds

All 4 rounds ↓

Website: nesto.ca.

X: @nestomortgages · 122 followers.

LinkedIn: linkedin.com.

Categories: Lending and credit Fintech Real estate and construction.

Sectors: Financial Services, FinTech, Real Estate.

Stage: Series B+.

Based in: Montreal, Canada.

Founded: 2018.

Total raised: $237M in 4 sourced rounds.

Last round: Jun 10, 2026 · 158 days ago.

Headcount: 501–1000 employees.

On Recent Funding since: Sep 29, 2026.

Signals

X account@nestomortgages · created Aug 12, 2020 (6 years old) · 122 followers

Website registeredJan 19, 2018 (8 years old)

About Nesto

It provides mortgage comparison tools, lending services, and advisor support to individuals. Nesto also offers mortgage technology solutions to financial institutions for digital mortgage origination and servicing workflows.

TIMELINE · MONEY RAISED

Nesto | 2357 days on the record

@nestomortgages·Raised $237M in 4 sourced rounds

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

Date	Round	Amount	Lead	Source
Jun 10, 2026	Series B+	$107M	—	fundraisingfox.com
Dec 13, 2022	Series B+	$58.8M	IIGM Financial	betakit.com
Jun 10, 2021	Series B+	$62.7M	MMichael Paulus	betakit.com
Jun 2, 2020	Series A	$8.5M	DDiagram Ventures	betakit.com

Timeline

August 12, 2020
X account created
January 19, 2018
Website created

Founders and team

MY
Malik Yacoubi CEO & Co-Founder

LinkedIn · source: nesto.ca
CB
Chase Belair Founder

@Chase_Belair · LinkedIn
DC
Damien Charbonneau Founder

LinkedIn
KB
Karim Benabdallah Founder

LinkedIn
MA
Martin Aubut Chief Marketing Officer
MW
Max Wegner Chief Revenue Officer
PH
Philippe Heureux Senior Software Engineer

Acquisitions

Acquired company	Price	Announced
CCMLS	Not disclosed publicly	Date not given

Investors

Companies like Nesto

BBetter$550K Series B+ · Dec 2024
TTomo$5M Seed · Jun 2026
SSweetAg$7.4M Seed · Aug 2026
IInvestree$230.8M Series B+ · Oct 2023
CCarrotFi
CCovered$6M Series A · Dec 2022

Other companies backed by IGM Financial

WWealthsimple$425M Series B+ · Oct 2026

IGM Financial portfolio →

Sources and API

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/nesto (get a free API key).