British Columbian financial technology firm Blossom this month closed what it described as “the most successful equity crowdfunding round in Canadian history.”
The Vancouver-based fintech saw more than 1,100 users of the platform invested a combined $1.86M through FrontFundr.
The influx of capital joins angel investing sums for a total fundraising round of $3M, according to the company.
“I am absolutely blown away by the power of the Blossom community and am so grateful for all our new investors and everyone who believed in us along the way to get here,” chief executive officer Maxwell Nicholson stated.
In 2021, a fledgling Blossom celebrated its first 25 users, Nicholson recalls. Fast forward to early 2025 and the platform is pushing nearly 300,000 members, now growing at a rate of 10,000 per week.
“A huge shout-out to my incredible co-founders Kartik, Annika, and Brandon for being there through all the extreme ups and extreme downs over the past four years and to the whole Blossom team for being the most hardworking, creative, and inspiring people who I am honoured and privileged to call my teammates,” stated Nicholson.
The entrepreneur hinted at further expansion ahead, particularly outside of the Canadian market, which is currently responsible for three-quarters of Blossom’s users and revenues.
“We’re just at the tip of the iceberg,” Nicholson said, “and I’m pumped for what the future holds!”
Last month, Blossom announced a partnership with New York stock exchange Nasdaq.
The Blossom app now features a Nasdaq Education Hub which highlights resources from the Nasdaq team, with a focus on ETFs tracking Nasdaq’s Semiconductor, Cybersecurity, AI, and Crypto indexes.
Maxwell left consulting firm McKinsey & Company to pursue Blossom full-time in 2021. The startup then launched, accelerated, and raised capital the following year.
Last year, a growing Blossom began to penetrate the U.S. market. More recently, the 2025 fintech-to-watch inked a deal with the Toronto Stock Exchange to spotlight the TSX Venture 50.
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