# CHIP Reverse Mortgage: Financial Services, Toronto, Canada

> CHIP Reverse Mortgage: Chip providing a safe, secure, and easy way to access the equity they’ve built up in their homes. Based in Toronto, Canada. Founded 1986.

Source: https://millionrounds.com/startup/chip-reverse-mortgage (Millionrounds; every figure on the page links to its filing or article)

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

# CHIP Reverse Mortgage

Chip providing a safe, secure, and easy way to access the equity they’ve built up in their homes.

Funding reported Last round: Private equity

Financial Services Toronto, Canada

Company summary

- **Founded:** 1986 40 years old
- **Team:** 101 51 to 200 people
- **Funding reported:** 225M as listed, currency not stated
- **Last round:** Private equity Dec 2019

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for CHIP Reverse Mortgage has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say CHIP Reverse Mortgage raised

Funding, as reported

Reported in all **225M** in the source's currency

Rounds **1**

Last round **Private equity**

Last round date **Dec 2019**

Investors listed **1**

## On a portfolio page

Investors who name them

- [Penfund](https://millionrounds.com/fund/penfund)

Each firm lists CHIP Reverse Mortgage on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Financial Services in Canada

Startups like it

- [**Ampla Technologies** Toronto · founded 2019](https://millionrounds.com/startup/ampla-technologies)
- [**Ivest Consumer Partners** Vancouver · founded 2013](https://millionrounds.com/startup/ivest-consumer-partners)
- [**Flexiti** Toronto · founded 2013](https://millionrounds.com/startup/flexiti)
- [**Wellington-Altus Financial** Winnipeg · founded 2010](https://millionrounds.com/startup/wellington-altus-financial)
- [**Edgepoint Wealth Management** Toronto · founded 2008](https://millionrounds.com/startup/edgepoint-wealth-management)
- [**Canoe Financial** Calgary · founded 2008](https://millionrounds.com/startup/canoe-financial)
- [**Capify** Toronto · founded 1984](https://millionrounds.com/startup/capify)
- [**Brightpath Capital** Waterloo · founded 2015](https://millionrounds.com/startup/brightpath-capital)

## Is this your company?

Add your raise, your deck and your story, and put CHIP Reverse Mortgage in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)