About Weavr
Weavr is a Financial Services company based in London (United Kingdom) founded in 2018 by Alex Mifsud and Adrian Mizzi. SaaS-based financial software is provided for digital businesses. It operates on a SaaS (Software-as-a-Service) and B2B2C model. Weavr has raised $50.36 million across 4 funding rounds from investors including Seedcamp, Mubadala and Anthemis Group. The company has 75 employees. Weavr has completed 1 acquisition, including UseComma. Its chief executive, as recorded, is Alex Mifsud. Its website weavr.io draws about 15 thousand monthly visits. Weavr offers products and services including Employee Benefits, Expenses Management, Accounts Payable, and SaaS Subscriptions. Its focus areas include FinTech and Embedded Finance. Its legal entity is Paystratus Group Limited. Its competitors include TrueLayer, Banked and Finastra; 2 of its 3 listed competitors have raised funding.
Company details
Embedded financial solutions are offered by Weavr for B2B SaaS platforms, focusing on seamless integration into existing user experiences. Services are provided across sectors like HR, business travel, accounting, and procurement. Solutions such as employee benefits, expenses management, accounts payable, and SaaS subscription management are designed to enhance financial control and efficiency. The platform is built to maintain brand consistency with full control over UX, ensuring no interruptions for users. Weavr operates in the UK and EU through regulated entities, supporting digital businesses with pre-approved payment models.
- Annual Revenue$423.68 K (USD)711as on Dec 31, 2021
- Net Profit-$4.45 M (USD)-340as on Dec 31, 2021
- EBITDA-$4.66 M (USD)-363as on Dec 31, 2021
- Total Equity Funding$50.36M (USD)
in 4 rounds
- Latest Funding Round$40.16M (USD), Series A
Feb 2022
- InvestorsSeedcamp
& 11 more
- Employee Count75
- Investments & Acquisitions
Products & Services of Weavr
Weavr offers a comprehensive portfolio of products and services, including Employee Benefits, Expenses Management, Accounts Payable, and SaaS Subscriptions.
Flexible benefits are provided for employee selection and management.
Expense cards are offered to reduce administrative burdens.
Bulk payments are enabled for efficient accounts payable.
Cards are issued for managing SaaS and cloud spend.
Funding Insights of Weavr
Weavr has successfully raised a total of $50.36M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $40.16 million completed in February 2022. 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 $50.36M
- Total Rounds 4
- Last Round Series A — $40.16M
- First Round $648,364
(Feb 2020)
- Investors Count 12
All 4 funding rounds of Weavr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $40.16M | Series A | – | Tiger Global Management | |
| Jul 2021 | $5.56M | Seed | – | Headline | |
| Nov 2020 | $4M | Seed | – | – | |
| Feb 2020 | $648,364 | Seed | – | Anthemis Group, Force Over Mass |
12 investors in total: 10 institutional and 2 angel.
Investors in Weavr
Weavr has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Seedcamp, Mubadala and Anthemis Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Venture capital fund investing in tech startups | 2007 | seedcamp.com | London, United Kingdom | |
Investments are made in early-stage tech startups across multiple sectors. | headline.com | San Francisco, United States | ||
Venture capital fund focused on SaaS, AI, blockchain, gaming, fintech, and multiple sectors | fomcap.com | London, United Kingdom | ||
Sovereign wealth fund of United Arab Emirates | 2002 | mubadala.com | Abu Dhabi, United Arab Emirates | |
Venture capital investments are provided to B2B tech startups. | latitudeventures.vc | |||
United First Partners is engaged in global financial advisory services. | utdfirst.com | London, United Kingdom |
Investor details for Weavr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Weavr
45 people are tracked at Weavr (13 in leadership, 32 in team); the tracked headcount is 75.
| Name | Role | Group |
|---|---|---|
Alex Mifsud | Co-Founder & CEO | Leadership |
Adrian Mizzi | Co-Founder & CTO | Leadership |
Stephen Galea | Head Of Technical Operations | Leadership |
Gianluca Pengo | Deputy Chief Technology Officer | Leadership |
Amy Campbell | Senior Talent Partner - Commercial | Leadership |
Regina Lau | CFO | Leadership |
Katrina Cruz | Director Of People & Culture | Leadership |
Chris Sutton | Head Of Financial Control | Leadership |
Maria Stellini | Product Director | Leadership |
Aleksandra Olszynska | Europe Head Of Compliance/mlro | Leadership |
Jonathan Burrell | Deputy CEO | Leadership |
Reno Scerri | Vice President Strategic Projects | Leadership |
Bina Mistry | UK Head Of Compliance And Financial Crime | Leadership |
Jeannie Neugebauer | Technical Product Manager | Team |
Lauren Ilin | Compliance Manager | Team |
Max Bowden | Senior Software Engineer - Level 2 | Team |
Lloyd Gray | Engineering Manager | Team |
Yash Raikar | Unknown Role | Team |
Nicolas Steiner | Advisor | Team |
Jake Worship | Product Analyst | Team |
25 more people are available in the full profile.
Complete people profiles for Weavr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Weavr
Weavr has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include UseComma.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Payment management software for small businesses | usecomma.com | London, United Kingdom | 2019 | Mar 2023 | •••• |
Complete acquisition details for Weavr
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Weavr
4 dated milestones of Weavr across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Weavr is founded.
- Funding First funding round of $648K.
- Funding Latest funding round, Series A, of $40.2M.
- Acquisition Acquires UseComma.
Competitors of Weavr
Weavr has 3 listed competitors in our database, 2 of them funded. They include TrueLayer, Banked and Finastra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| truelayer.com | 2016 | London, United Kingdom | $348.8M | Provider of open banking API solutions for payment institutions | ||
| banked.com | 2018 | London, United Kingdom | $39.85M | 25 | Open banking APIs for payments and data access are provided. | |
| finastra.com | 2017 | London, United Kingdom | 1,890 | Financial software solutions for lending, payments, and banking are provided. |
Detailed competitors of Weavr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Weavr
The website of Weavr (weavr.io) receives about 15.3K visits a month.
- Monthly visits15.3K
▲ 42.6% vs previous month
Websites whose visitors overlap most with Weavr. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| uktechnews.info | 100% | 14K | #1,946,325 | View details | |
ffnews.com | ffnews.com | 100% | #253,341 | – | |
| paynetics.digital | 79% | 4.2K | #3,910,821 | View details |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Weavr
Complete news archive for Weavr
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Weavr
Weavr was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Weavr is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Alex Mifsud is the CEO of Weavr, as recorded in our data. They have also founded this company.
Weavr is a funded company, having raised a total of $50.36M across 4 funding rounds to date. The company's 1st funding round was a Seed of $648.36K, raised on Feb 2020.
Weavr has 75 employees.
Annual revenue of Weavr is $423.68K as on Dec 31, 2021.
Embedded financial solutions are offered by Weavr for B2B SaaS platforms, focusing on seamless integration into existing user experiences. Services are provided across sectors like HR, business travel, accounting, and procurement. Solutions such as employee benefits, expenses management, accounts payable, and SaaS subscription management are designed to enhance financial control and efficiency. The platform is built to maintain brand consistency with full control over UX, ensuring no interruptions for users. Weavr operates in the UK and EU through regulated entities, supporting digital businesses with pre-approved payment models.
Weavr offers Employee Benefits, Expenses Management, Accounts Payable, and SaaS Subscriptions.
Weavr has made 1 acquisition, including UseComma.
Weavr has 12 investors. Key investors include Seedcamp, Mubadala, Anthemis Group, Tiger Global, and LocalGlobe.
Weavr operates through Paystratus Group Limited.