Market Opportunity The Canadian senior population holds nearly one trillion dollars in home equity, representing a significant opportunity for financial services providers focusing on reverse mortgage solutions.
Innovative Products Bloom Finance's recent launch of SafeRate, Canada's first reverse mortgage with a lifetime fixed interest rate, positions the company as a leader in providing financial certainty and stability for retirees.
Regional Expansion The recent deployment of Bloom's home equity release platform across Alberta indicates an active growth strategy in regional markets, offering potential for scaled multi-province outreach.
Funding Momentum With $7M raised in Series A funding from private investors and SixThirty Ventures, Bloom is positioned to accelerate product development and expand its customer base among the 55+ demographic.
Partner Ecosystem Strategic partnerships like the one with ClearEstate Technologies enhance Bloom’s distribution channels and customer engagement, creating sales opportunities through integrated financial planning and estate management services.
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$500M$1BBloom Finance Company Ltd. uses 8 technology products and services including Salesforce Marketing Cloud Account Engagement, Microsoft, Heap, and more. Explore Bloom Finance Company Ltd.'s tech stack below.
| Bloom Finance Company Ltd. Email Formats | Percentage |
| First@bloomfin.ca | 50% |
| First@bloomfin.ca | 50% |
Financial ServicesOntario, Canada11-50 Employees
Canadian seniors hold nearly $1 trillion of wealth in home equity. At the same time, an increasing number of Canadian seniors are retiring with inadequate savings to last them through retirement. Bloom empowers 55+ Canadians to embrace their retirement years, by enabling seamless access to the wealth they have built in their homes. Bloom Finance Company Ltd. ON#: 13338, BC#: MB600455
Company Overview
Media & News
Funding & FinancialsBloom Finance Company Ltd. has raised a total of $7M of funding over 1 rounds. Their latest funding round was raised on May 16, 2023 in the amount of $7M.
Bloom Finance Company Ltd.'s revenue is estimated to be in the range of $10M$25M
Funding & FinancialsBloom Finance Company Ltd. has raised a total of $7M of funding over 1 rounds. Their latest funding round was raised on May 16, 2023 in the amount of $7M.
Bloom Finance Company Ltd.'s revenue is estimated to be in the range of $10M$25M
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