Qwil

San Francisco, United States Founded: 2000 • Age: 26 yrs Acquired By LSQ
Invoice financing is facilitated via an online marketplace platform.
Annual revenue - Latest available
Total funding $29.5M 4 rounds
Employees 1 Tracked headcount
Investors 13 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Qwil

Qwil is a company based in San Francisco (United States) founded in 2000 by Trevor Branon was acquired by LSQ in May 2022. Qwil has raised $29.53 million across 4 funding rounds from investors including SVB, NextGen Healthcare Information Systems and LSQ. The company has 1 employees as of December 31, 2022. Qwil operates in a competitive market with competitors including Earnin, Nvoicepay, LSQ, LiquidX and Candex, among others.

  • Headquarter San Francisco, United States
  • Employees 1 as on 31 Dec, 2022
  • Founders Trevor Branon
  • Sectors
    Financial Services
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Qwill, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $29.53 M (USD)

    in 4 rounds

  • Latest Funding Round
    $24.4 M (USD), Series B

    Dec 11, 2019

  • Investors
    SVB

    & 12 more

  • Employee Count
    1

    as on Dec 31, 2022

  • Acquired by
    LSQ

    (May 26, 2022)

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Funding Insights of Qwil

Qwil has successfully raised a total of $29.53M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $24.4 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Qwil

Qwil has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, NextGen Healthcare Information Systems and LSQ.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on B2B software growth-stage companies.
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Capital is invested in enterprise financial technology businesses.
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Reciprocal Ventures is focused on investing in crypto founders.
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Investor details for Qwil

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Investments & Acquisitions by Qwil

Investments
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Investment portfolio details for Qwil

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Financial Statements - Qwil

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Detailed financials for Qwil

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Qwil Comparisons

Qwil Primary company
Description
Invoice financing is facilitated via an online marketplace p...
Location
San Francisco, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2022
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Peer comparison for Qwil

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Competitors of Qwil

Qwil operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Earnin, Nvoicepay, LSQ, LiquidX and Candex, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Real-time access to earned wages is provided fee-free.
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AP automation, commercial cards, and cross-border payments are provided.
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Trade financing loans are facilitated via an online marketplace.
Locked Locked Locked
Provider of a blockchain-enabled marketplace for trade finance assets and supply chain financing
Locked Locked Locked
Invoices are financed via an online platform for business payments.
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Commercial receivables are auctioned to investors for business financing.
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Detailed competitors of Qwil

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Latest news on Qwil

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Complete news archive for Qwil

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Frequently Asked Questions about Qwil

Qwil was founded in 2000 and raised its 1st funding round 16 years after it was founded.

Qwil is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Qwil is a funded company, having raised a total of $29.53M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Qwil is 1.

Qwil was founded in 2000 in San Francisco, United States, operating in the fintech sector. An online platform is provided for invoice financing, alongside a payment gateway for client transactions. Digital media financing is offered to industries including advertising, gaming, publishing, and e-sports. Early payments to businesses are enabled through these services.

Qwil's top competitors include Earnin, LiquidX and Nvoicepay.

Qwil has 13 investors. Key investors include SVB, NextGen Healthcare Information Systems, LSQ, Jefferies, and Mosaik.

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