Common Wealth, a Canadian SaaS company focused on group retirement plan services, has secured C$15m in funding from Flow Capital, a Toronto-based provider of flexible growth capital.
The investment comes in the form of a senior secured note, with an initial tranche of C$4m already advanced. The capital will be used to accelerate product development, expand customer reach, and scale operations.
Common Wealth offers a modern, full-stack digital platform for managing group retirement plans. The technology is designed to make it easier for employers of all sizes to provide competitive retirement benefits, while also equipping financial advisors with tools to support clients and grow their practices.
With this funding, Common Wealth aims to further its mission of making retirement security more accessible across Canada. The company currently supports over 1,100 employers nationwide, with particular momentum among small and mid-sized businesses and the advisors who work with them.
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