nesto

Private

Montreal-based Canadian mortgage tech and financing platform. AI-driven loan origination and underwriting via the Nesto Cloud and Maestro AI products. $37B in originations this year, $80B+ mortgages under administration. Profitable. Founded 2018.

Founders Malik Yacoubi, Karim Benabdallah
CEO Malik Yacoubi

Company

Founded
2018
Headquarters
Montreal, Canada

Financials

Total Funding
$285M
Sectors
Fintech Artificial Intelligence SaaS
nesto.ca

Funding History

3 rounds
Series E Jun 10, 2026
$220M
La Caisse (Lead) Fidelity Investments Canada PICTON Investments Endeavor Catalyst Portage Ventures Diagram Ventures NAventures Fonds de solidarité FTQ Fondaction
Series B Jun 1, 2021
$56M
Portage Ventures (Lead) Diagram Ventures Breyer Capital
Series A Jun 1, 2020
$9M
Investissement Québec (Lead) Diagram Ventures

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.