Just months after setting a Canadian record for equity crowdfunding, Vancouver fintech Blossom has done it again.
The investing social network raised roughly $2 million from nearly 1,000 members of its community in just two hours, surpassing the record it set during its previous community investment round and once again demonstrating the fundraising power of its highly engaged user base.
Vancouver Tech Journal previously reported on Blossom's record-setting community raise in April, when more than 1,100 members invested $1.86 million in just six hours through FrontFundr, helping the company close a $3 million financing.
This latest campaign moved even faster.
According to company updates, Blossom reached Canada's annual $1.5 million cap for non-accredited investors in less than two hours, with the remainder of the offering reserved for accredited investors. Nearly 1,000 investors participated in the round.
The raise was conducted through FrontFundr, with campaign materials listing a minimum investment of $500, a target raise of $1.5 million, and a maximum offering size of $3 million. The campaign also listed a pre-money valuation of $78 million.
The fundraising momentum comes as Blossom reports rapid growth across the business.
According to materials shared on FrontFundr, Blossom's annualized revenue grew from approximately $2.2 million in the first quarter of 2025 to $5.6 million in the first quarter of 2026 and is on track to exceed $6.5 million annualized in the second quarter of this year.
The company also says its membership base has more than tripled since its previous community raise, growing from roughly 250,000 members to more than 750,000 today.
Founded in 2021, Blossom has built a social platform designed to help investors share portfolios, discuss investment ideas, and learn from one another. The company says members have spent nearly two million hours on the app across more than 57 million sessions, while user retention ranks among the top 10 percent of social apps in North America.
The startup has also attracted attention beyond its user community. According to FrontFundr campaign materials, Blossom has secured partnerships with organizations including Nasdaq, the New York Stock Exchange, Fidelity, Wealthsimple, State Street, and Canada's six largest banks.
Blossom has previously raised capital from investors including Goodwater Capital, Pareto Holdings, and LOI Venture, according to campaign materials. The company also says more than $500,000 has been invested by finance creators with a combined audience of more than 14 million followers.
While Blossom has already built a sizable business in Canada, campaign materials suggest the company sees significant opportunity beyond its home market. The company says approximately 75 percent of its users and revenue still come from Canada, leaving substantial room for international expansion.
If the latest campaign is any indication, Blossom's community appears eager to continue that journey alongside the company.