About Weaveworks
Weaveworks is a company based in London (United Kingdom) founded in 2014 by Alexis Richardson. It operates as a B2B. Weaveworks has raised $56.65 million across 3 funding rounds from investors including Ericsson, Accel and Amazon Web Services. Weaveworks has completed 1 acquisition, including Magalix. Weaveworks operates in a competitive market with competitors including Devtron, Magalix, TenXCloud, Evolute and Containership.io, among others.
- Headquarter London, United Kingdom
- Founders Alexis Richardson
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Weaveworks Ltd
- Date of Incorporation 10 Jul, 2014
- Jurisdiction ST. ALBANS, HERTFORDSHIRE
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Funding Insights of Weaveworks
Weaveworks has successfully raised a total of $56.65M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $36.65 million completed in October 2020. 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 3
- Last Round Series C — $36.6M
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First Round
First Round
(03 Dec 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Series C - Weaveworks | Valuation | Amazon Web Services , T Capital | |
| May, 2016 | Amount | Series B - Weaveworks | Valuation | Google Ventures | |
| Dec, 2014 | Amount | Series A - Weaveworks | Valuation | Accel |
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| 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 Weaveworks
Weaveworks has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Ericsson, Accel and Amazon Web Services. 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 multiple sectors
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Founded Year | Domain | Location | |
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Growth-stage tech investments are made in North America, Europe, Israel.
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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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 Weaveworks
Weaveworks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Magalix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-managed Kubernetes and serverless containers are provided for cloud platforms.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Weaveworks
| 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 |
Weaveworks Comparisons
Competitors of Weaveworks
Weaveworks 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 Devtron, Magalix, TenXCloud, Evolute and Containership.io, 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 |
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| domain | founded_year | HQ Location |
Cloud based kubernetes release management software
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| domain | founded_year | HQ Location |
AI-managed Kubernetes and serverless containers are provided for cloud platforms.
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| domain | founded_year | HQ Location |
Docker management platform
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| domain | founded_year | HQ Location |
Containerized applications are managed and deployed via Evolute's cloud platform.
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| domain | founded_year | HQ Location |
Cloud-based PaaS for container deployment and continuous delivery is offered.
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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 Weaveworks
Frequently Asked Questions about Weaveworks
When was Weaveworks founded?
Weaveworks was founded in 2014.
Where is Weaveworks located?
Weaveworks is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Weaveworks?
Alexis Richardson is the current CEO of Weaveworks. They have also founded this company.
Is Weaveworks a funded company?
Weaveworks is a funded company, having raised a total of $56.65M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Dec 03, 2014.
What does Weaveworks do?
Weaveworks, based in London, focuses on leveraging cutting-edge technology, software, offering cloud-based solutions, and kubernetes management. Offers enterprise Kubernetes and application management solutions based on GitOps. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Weaveworks?
How many acquisitions has Weaveworks made?
Weaveworks has made 1 acquisition, including Magalix.
Who are Weaveworks's investors?
Weaveworks has 9 investors. Key investors include Ericsson, Accel, Amazon Web Services, T Capital, and Redline Capital Management.