Vancouver fintech Blossom has set a new national benchmark, closing the largest equity crowdfunding round in Canadian history. Over 1,100 users invested a combined $1.86 million through FrontFundr, part of a broader $3 million raise that includes angel capital.
CEO Maxwell Nicholson credited the startup’s 300,000-strong user base for the milestone. Founded in 2021, Blossom has seen rapid growth, adding 10,000 users weekly. Recent partnerships with Nasdaq and the Toronto Stock Exchange signal further expansion, particularly into the U.S. market. “We’re just at the tip of the iceberg,” Nicholson said.
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