# Neo Financial funding: rounds and investors

> Neo Financial has raised $182M across 2 rounds since 2026. Investors include ATB Financial, Alumni Ventures and Gaingels. Every round with its source.

Source: https://millionrounds.com/company/neo-financial (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Neo Financial*

2 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Raised this month Valuation: $780M, Oct 2024

Funding summary Updated 26 Oct 2026

**$182M** raised across 2 rounds since 2026, from 2 sources

**$50M** Series D **$132M** Debt

- **Latest round:** Debt, $132M Oct 2026
- **Led by:** ATB Financial
- **Step-up i:** 2.6×
- **Investors:** 11 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2027

**$50M** Series D

**$132M** Debt

- **First round:** Series D, $50M
- **Biggest round:** $132M
- **Between rounds:** 9 months

## The rounds

- **Oct 2026** Debt **$132M** *5 new* [ATB Financial](https://millionrounds.com/fund/atb-financial) Lead [Alterna Savings and Credit Union](https://millionrounds.com/fund/alterna-savings-and-credit-union) [Beem Credit Union](https://millionrounds.com/fund/beem-credit-union) [Innovation Federal Credit Union](https://millionrounds.com/fund/innovation-federal-credit-union) [Vancity](https://millionrounds.com/fund/vancity) Reported by BetaKit
- **Feb 2026** Series D **$50M** *6 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Greenoaks](https://millionrounds.com/fund/greenoaks) Source recorded

## Founders and team

From Neo Financial's own website: 3 founders.

**Chris Simair** Co-founder, President & Head of Operations

**Andrew Chau** Co-founder & CEO

**Jeff Adamson** Co-founder & Chief Commercial Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series D** 2026 **Debt** 2026 [ATB Financial](https://millionrounds.com/fund/atb-financial) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Gaingels](https://millionrounds.com/fund/gaingels) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Greenoaks](https://millionrounds.com/fund/greenoaks) [Alterna Savings and Credit Union](https://millionrounds.com/fund/alterna-savings-and-credit-union) [Beem Credit Union](https://millionrounds.com/fund/beem-credit-union) [Innovation Federal Credit Union](https://millionrounds.com/fund/innovation-federal-credit-union)

## Everyone who backed them

[ATB Financial](https://millionrounds.com/fund/atb-financial) Investment firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **1** round

[Tribe Capital](https://millionrounds.com/fund/tribe-capital) VC firm **1** round

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round

[Alterna Savings and Credit Union](https://millionrounds.com/fund/alterna-savings-and-credit-union) Investment firm **1** round

[Beem Credit Union](https://millionrounds.com/fund/beem-credit-union) Investment firm **1** round

[Innovation Federal Credit Union](https://millionrounds.com/fund/innovation-federal-credit-union) Investment firm **1** round

[Vancity](https://millionrounds.com/fund/vancity) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=neo-financial).

## Also claim to have backed them

These 8 firms list Neo Financial as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Afore Capital](https://millionrounds.com/fund/afore-capital) VC firm Per its own site

[Valar Ventures](https://millionrounds.com/fund/valar-ventures-llc) VC firm Per its own site

[Breyer Capital](https://millionrounds.com/fund/breyer-capital) Private equity Per its own site

[Plaza Ventures](https://millionrounds.com/fund/plaza-ventures) VC firm Per its own site

[Evolution VC](https://millionrounds.com/fund/evolution-vc) VC firm Per its own site

[Ventura Capital](https://millionrounds.com/fund/ventura-capital) Growth equity Per its own site

[Maple VC](https://millionrounds.com/fund/maple-vc) VC firm Per its own site

[Harvest Venture Partners](https://millionrounds.com/fund/harvest-venture-partners) VC firm Per its own site

## Quick answers about Neo Financial

### Who invested in Neo Financial?

Neo Financial's investors include ATB Financial, Alumni Ventures, Gaingels, FJ Labs and Inovia Capital, and 6 more on record. ATB Financial led its latest round.

### How much has Neo Financial raised?

Neo Financial has raised $182M across 2 rounds since 2026.

### When did Neo Financial last raise?

Neo Financial's most recent round was a Debt of $132M in Oct 2026, led by ATB Financial.

### What was Neo Financial's biggest round?

Its most recent round, $132M in Oct 2026, is also its largest on record.

### Who backed Neo Financial first?

Neo Financial's first round on record, in Feb 2026, was backed by Alumni Ventures, Gaingels and FJ Labs and 3 others.

### What stage is Neo Financial at?

Neo Financial's latest named round is a Debt, in Oct 2026.

### Where is Neo Financial based?

Neo Financial is based in Canada.

### Who led Neo Financial's rounds?

ATB Financial led the Debt in 2026.

## Companies like Neo Financial

In the same sector, and raised in the last eighteen months.

[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Koho** $144M · Jun 2026](https://millionrounds.com/company/koho)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)[**Float Financial** $183M · Jun 2026](https://millionrounds.com/company/float-financial)

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