nesto
Nesto is a Canadian mortgage broker that uses technology to compare rates across lenders and provide commission-free advice. The company has raised $378M and employs 508 people.
The growth story
nesto grew from 70 to 508 employees between 2021 and 2026, raising $378M along the way, most recently a Series E in June 2026.
About
Nesto operates a digital platform that helps homebuyers compare mortgage rates across lenders and access unbiased advice from its team. The service targets consumers seeking a streamlined, commission-free alternative to traditional mortgage brokers.
The company has raised $378M in funding, including a Series E round in June 2026. Its 508-person workforce draws heavily from Canada's major banks and financial institutions.
Founders and leadership
Engineering is Nesto's largest function, with 94 employees. The company's leadership team includes executives from major Canadian financial institutions and technology firms.
The nesto org chart
Malik Yacoubi (Co-founder and CEO) leads 59 mapped leaders with 7 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Finance 137 (-2% YoY), Engineering 111 (+76% YoY), Sales 44 (+19% YoY), Operations 37 (+85% YoY), Business Development 28 (+75% YoY), Information Technology 28 (+56% YoY).
Talent flow
Nesto recruits heavily from Canada's largest banks, with CIBC, TD, and National Bank of Canada being top talent sources. Many alumni move to other fintech companies or return to traditional financial institutions.
Most common previous employers of nesto staff: CIBC (15), TD (14), National Bank of Canada (10), IG Wealth Management (10), BMO (10), Deloitte (8). Former nesto employees most often moved to nesto group(e) (14), Nesto Cloud (10), CIBC (6), National Bank of Canada (4), CMLS (4), Questrade Financial (4).
Alumni worth knowing
The nesto mafia
Nesto alumni have founded three companies, including Wiseday, which employs 14 people.
3Tony Morino, was Various roles until 2022Anton S., was Software Engineer until 2023Oliver S., was Content Marketing (Credit, Mortgages & Real Estate) until 2022Hiring now
Web traffic
Traffic mix: 34% direct, 59% search, 0% social, 1% paid.
What this company is made of
Most common skills at nesto: Customer Service (147), Communication (110), Leadership (109), Microsoft Office (108), JavaScript (100), SQL (96), Python (Programming Language) (93), Teamwork (91).
Where the team actually sits
nesto people are concentrated in Quebec, Canada (107), Ontario, Canada (57), Canada (42), Alberta, Canada (17).
Search footprint
nesto attracts about 2,718 organic search visits a month, traffic worth roughly $76K a month if bought through ads. It gained 2,888 ranking keywords and lost 2,394 in the last period.
What employees say
- Compensation
- 3.40 / 5
- Career opportunities
- 3.50 / 5
- Senior management
- 3.20 / 5
- Work-life balance
- 3.40 / 5
Frequently asked
nesto has 508 employees as of September 2026.
nesto has raised $378M in total, most recently a Series E round in June 2026.
nesto was founded in 2018 by Malik Yacoubi, Chase B., Damien Charbonneau, Karim Benabdallah.
Malik Yacoubi (Co-founder and CEO) sits at the top of nesto's reporting structure, with 7 direct reports.
The most common previous employers of current nesto staff are CIBC (15 people), TD (14 people), National Bank of Canada (10 people).
Former nesto employees most often move to nesto group(e) (14), Nesto Cloud (10), CIBC (6).
At least 3 companies have a founder who previously worked at nesto, including Wiseday, TypeQuicker, Oneirology.
nesto attracts about 2,718 organic search visits a month, worth roughly $76K a month in equivalent ad spend.
The most common skills among nesto staff are Customer Service, Communication, Leadership, Microsoft Office, JavaScript.
nesto staff are concentrated in Quebec, Canada (107), Ontario, Canada (57), Canada (42).
nesto has about 137 people in Finance, down 2% over the past year, as of September 2026.
nesto has about 111 people in Engineering, up 76% over the past year, as of September 2026.
Computed from 293 current and 228 former nesto profiles, as of September 2026. Source: Crustdata.
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