Conquest Planning raises $7.5 million in follow-on investment to accelerate growth and reach new global markets
Summary
New capital comes from existing investors Portage Ventures, Fidelity International Strategic Ventures and IGM Financial Conquest plans to use funds to continue to accelerate product innovation, expand internationally and build out the teamWINNIPEG, MB, July 21, 2021 /CNW/ - Conquest Planning Inc., ("Conquest" or "the Company") today announced it has raised $7.5 million in funding from existing investors Portage Ventures, Fidelity International Strategic Ventures and IGM Financial, reflecting the companys rapid growth and significant market demand for its financial planning software solution.Todays announcement comes less than 18 months after Conquest raised $3 million in a seed funding round and underscores investor excitement and strong support for the companys mission of transforming the financial planning industry with beautiful, intuitive, and hyper personalized financial plans. Little did we know, the best in the world was being built by Mark and his team right here in Winnipeg," said Paul Desmarais III, Chairman and CEO of Sagard Holdings. "Since our initial investment, Conquest hasnt slowed down for a moment, and we believe it has transformative potential for the financial services industry globally. "Since October 2020, the company has signed contracts with market leading firms including IG Wealth Management, Investment Planning Counsel, and Canada Life in addition to a robust sales pipeline of qualified opportunities currently in progress. The company has also partnered with FinTechs and resellers including Flinks, d1g1t, Purpose Advisory Solutions, and Croesus to offer an even wider set of features across the entire advisory value chain, from data gathering to analytics to risk management.Conquest Planning is Canadas leading financial planning software company with a purpose-driven approach to delivering financial advice.