Nesto raised $80 million dollars

Nesto, an eight-year-old Montréal startup that provides digital mortgage lending and white-label mortgage technology for Canadian financial institutions, raised a $76.5 million Series E round and facilitated almost $140 million in secondary sales at approximately a $1 billion post-money valuation. New investors included La Caisse, Fidelity, Picton Investments, and Endeavor Catalyst, with previous investors Portage, Diagram, NAventures, Fonds de solidarité FTQ, and Fondaction also participating.