Common Wealth, a Toronto, Canada-based SaaS provider focused on group retirement plan administration, has secured C$15 million senior secured note investment.
Investors
The investment was from Flow Capital Corp., a publicly listed provider of flexible growth capital and alternative debt solutions dedicated to supporting high-growth companies. Since its inception in 2018, the company has provided financing to businesses in the U.S., the U.K., and Canada, helping them achieve accelerated growth without the dilutive impact of equity financing or the complexities of traditional bank loans.
Common Wealth Use of Funds
The company will use the funding to support product innovation, expand its customer base, and scale operations.
About Common Wealth
Common Wealth is a SaaS company offering a modern, full-stack platform for group retirement plan administration. With a user-friendly interface and expert support, the platform empowers members to build long-term financial security, enables employers of all sizes to offer competitive retirement benefits, and equips advisors with tools to serve clients better and grow their group retirement practices. Driven by its mission to make retirement security accessible to everyone, Common Wealth currently serves over 1,100 employers across Canada, with especially rapid adoption among SMBs and the advisors who support them.
Funding Details
Company: Common Wealth Pension Services Inc.
Raised: C$15.0M
Round: Senior Secured Note
Funding Date: July 2025
Lead Investor: Flow Capital Corp.
Additional Investors:
Company Website: https://www.commonwealthretirement.com/
Software Category: Retirement Plan Administration / Fintech SaaS
Source: https://www.globenewswire.com/news-release/2025/07/31/3124874/0/en/Flow-Capital-Announces-a-C-15-0M-Investment-in-Common-Wealth.html