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HomeEquity Bank
company
About
The first canadian bank and is the only provider exclusively focused on reverse mortgages for homeowners aged 55 and over
- 51 - 100
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $120K
- Industries
- Banking,Financial Services
- Founded date
- Jan 1, 1986
- Number Of Employee
- 51 - 100
- Operating Status
- Active
HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$120K
HomeEquity Bank has raised a total of
$120K
in funding over 2 rounds. Their latest funding was raised on
Aug 28, 2017 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 28, 2017 | Debt Financing | $120K | 3 |
CIBC
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
HomeEquity Bank is funded by 3 investors.
CIBC
and ICICI Bank
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
CIBC
|
Yes | Debt Financing |
ICICI Bank
|
— | Debt Financing |
National Bank of Canada
|
— | Debt Financing |
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