Private company

Rise Asset Development

Canadian microfinance company based in Toronto, founded in 20091

Rise Asset Development (also known as Rise) provides microfinancing and mentorship to eligible entrepreneurs living with mental health and addiction challenges, who are interested in pursuing self-employment. Rise offers business financing in the form of loans, leases and other investments, based on stage of development, needs and capacity.2 Its revenue was C$3.1 million in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

2009Founded1
Riseeps
Photo: Onemaria, CC BY-SA 3.0, via Wikimedia Commons3

Rise Asset Development (also known as Rise) provides microfinancing and mentorship to eligible entrepreneurs living with mental health and addiction challenges, who are interested in pursuing self-employment. Rise offers business financing in the form of loans, leases and other investments, based on stage of development, needs and capacity.2

Products and brands

  • financial services

Listed on Wikidata.1

Employees over time

Rise Asset Development employees by year117 in 2023+13% since 2014
051015202014: 151520142015: 552015−67%2016: 662016+20%2017: 772017+17%2018: 992018+29%2019: 10102019+11%2020: 10102020+0%2021: 992021−10%2022: 11112022+22%2023: 17172023+55%
  • 2023171
  • 2022111
  • 202191
  • 2020101
  • 2019101
  • 201891
  • 201771
  • 201661

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Rise Asset Development revenue by year13.1M CAD in 2024+376% since 2015
01.0M CAD2.0M CAD3.0M CAD4.0M CAD2015: 646.5K CAD646.5K CAD20152016: 944.4K CAD944.4K CAD2016+46%2017: 1.3M CAD1.3M CAD2017+43%2018: 948.8K CAD948.8K CAD2018−30%2019: 1.3M CAD1.3M CAD2019+39%2020: 2.6M CAD2.6M CAD2020+95%2021: 2.2M CAD2.2M CAD2021−13%2022: 2.1M CAD2.1M CAD2022−4%2023: 2.6M CAD2.6M CAD2023+24%2024: 3.1M CAD3.1M CAD2024+16%
  • 20243.1M CAD1
  • 20232.6M CAD1
  • 20222.1M CAD1
  • 20212.2M CAD1
  • 20202.6M CAD1
  • 20191.3M CAD1

Timeline

  1. 2009Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3