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Weel

With smart corporate cards and easy-to-use software, Weel helps move your business forward. #EverybodyWins

Founded 2016 Australia Australia 52 employees Series A Total: $24.10M Fintech, Payments +1

General Information

Company Name Weel
Founded Year 2016
Location Australia Australia
Employees 52
Industries Fintech, Payments, SaaS
Funding Stage Series A
Social

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About Weel

Weel is a fintech and SaaS startup based in Australia, founded in 2017. The company offers a corporate card and spend management platform designed to streamline company spending. With its smart corporate cards and user-friendly software, Weel enables teams to manage, control, and budget their company's expenses effectively. The platform includes features such as instant virtual company cards, bill pay, spend controls, real-time transaction feed, automated expense reporting, and subscription spending management, among others. Notable integrations with accounting systems enhance its appeal. Weel boasts about handling over $250 million in annual spend for businesses, indicating its potential and market traction. In December 2021, the company secured a $20.00M Series A investment from notable investors including Global Founders Capital, Rapyd Ventures, Raffael Johnen, and Guy Pearson. This funding round illustrates the confidence of prominent investors in the potential of Weel and its solutions to revolutionize corporate spending. With its dedicated focus on innovating corporate finance management, Weel presents itself as a promising player in the fintech landscape, embracing the slogan, "With smart corporate cards and easy-to-use software, Weel helps move your business forward. #EverybodyWins." For more information, visit www.letsweel.com.

Business keywords: Corporate cards, Spend management, Expense reporting, Budgeting, Accounting integrations, Financial control, Business spending, Virtual cards, Mobile apps, Bill pay, Subscription management, Reimbursements, Financial empowerment

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $20.00M 4
Global Founders Capital, Rapyd Ventures +2
12 Dec 2021
Series A $1.70M 3
1835i Ventures, Seed Space Ventures +1
13 Apr 2021
Series A $2.30M 3
ANZ, Seed Space Ventures +1
30 Sep 2019
Pre Seed Round $100.00K -
15 Feb 2017

Weel Alternatives & Competitors

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FAQ About Weel

With smart corporate cards and easy-to-use software, Weel helps move your business forward. #EverybodyWins
Weel was founded in 2016.
Weel is headquartered in Australia.
Weel operates in Fintech, Payments and SaaS. Its work centres on Corporate cards, Spend management, Expense reporting and Budgeting.
Weel has approximately 52 employees.
Weel has completed 4 funding rounds, raising a total of $24.10M. The latest funding stage is Series A.
Top alternatives and competitors to Weel include Cape from ANNA, Archa, NUMARQE, Alaan, Moss. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Weel and Cape from ANNA are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Weel , https://bouncewatch.com/company/weel, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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