Our Investment in Conquest

Financial planning FinTech start-up Conquest Planning has raised $3 million CAD in seed funding in anticipation of bringing its software to market this year. Founded in 2018 and based in Manitoba, Conquest is developing financial planning software that uses artificial intelligence to help advisors and consumers easily understand the impact of financial planning decisions and develop personalized plans.

The investment has been made by our Fintech Strategic Investments team alongside Portag3 Ventures. The $3 million in seed funding brings Conquest’s total funding to date to $4 million. This marks Conquest’s first outside raise and the startup plans to use the financing to bring its product to market later this year. Conquest also plans to grow its current team of around 20 employees in anticipation of its market launch.

“The ethos of Conquest Planning is to get more people into financial plans,” said Mark Evans, president and CEO of Conquest and the former head of EISI, a Prairie-based financial planning software company that was acquired in 2011.

“With a long history in the financial planning technology space, our founding team was able to leverage our experience to re-imagine a more engaging and efficient financial planning process for advisors and customers,” Evans added. “This industry is ripe for change and we are fortunate to be initiating this journey with such great partners in Portag3 Ventures and Eight Roads. I am excited to be back.”

Read more here.