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
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Sectors
Financial ServicesTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Qwill, Inc.
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $24.4M
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First Round
First Round
(27 Jan 2016)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Debt – Conventional - Qwil | Valuation |
investors |
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| Dec, 2019 | Amount | Series B - Qwil | Valuation | PeakSpan | |
| Apr, 2018 | Amount | Series A - Qwil | Valuation | Mosaik |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on B2B software growth-stage companies.
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Founded Year | Domain | Location | |
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Capital is invested in enterprise financial technology businesses.
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Founded Year | Domain | Location | |
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Reciprocal Ventures is focused on investing in crypto founders.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Qwil
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qwil
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qwil Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
AP automation, commercial cards, and cross-border payments are provided.
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| domain | founded_year | HQ Location |
Trade financing loans are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Provider of a blockchain-enabled marketplace for trade finance assets and supply chain financing
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| domain | founded_year | HQ Location |
Invoices are financed via an online platform for business payments.
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| domain | founded_year | HQ Location |
Commercial receivables are auctioned to investors for business financing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qwil
Frequently Asked Questions about Qwil
When was Qwil founded?
Qwil was founded in 2000 and raised its 1st funding round 16 years after it was founded.
Where is Qwil located?
Qwil is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Qwil a funded company?
Qwil is a funded company, having raised a total of $29.53M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Jan 27, 2016.
How many employees does Qwil have?
As of Dec 31, 2022, the latest employee count at Qwil is 1.
What does Qwil do?
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.
Who are Qwil's investors?
Qwil has 13 investors. Key investors include SVB, NextGen Healthcare Information Systems, LSQ, Jefferies, and Mosaik.