Online mortgage startup Wiseday Financial picks up C$5m seed

Founded in 2021, Wiseday offers Canadian homebuyers an instant mortgage pre-approvals process.

  • The round was led by Havery Capital, a venture capital firm launched by Michael Bitensky
  • Wiseday’s co-founding team includes CEO Eric Dahan

Wiseday Financial, a Montreal-based provider of online mortgages in Canada, has disclosed a C$5 million seed financing that was completed last year.

The round was led by Havery Capital, a venture capital firm launched by Michael Bitensky, co-founder of Goli Nutrition.

Founded in 2021, Wiseday offers Canadian homebuyers an instant mortgage pre-approvals process. Its online, zero-commission structure and automatic lender negotiation also means that savings get passed along to customers, the company said.

“The founding team at Wiseday came with a clear vision of what had to change in order to make the mortgage process better for the next generation of homeowners,” said Michael Bitensky, president of Havery Capital, in a statement. “They had the step-by-step plan, the industry expertise, and the passion needed to modernize the industry — making it more efficient and truly built around the customer. I can’t wait to see this impressive young company completely overhaul the home buying process in Canada.”

Wiseday’s co-founding team includes Eric Dahan (CEO), Andrew Peker (head of product), Stéphane Bischoff (head of engineering) and Tony Morino (VP of sales and strategy).