About Wecan
Wecan is a company based in Geneve (Switzerland) founded in 2015.. Wecan has raised $3.77 million across 2 funding rounds from investors including SEALSQ and Michel Reybier. Wecan offers products and services including Wecan Comply, Wecan Connect, and Wecan Chain. Wecan operates in a competitive market with competitors including Symphony, EXIGER, Ascent, Cable and Clausematch, among others.
- Headquarter Geneve, Switzerland
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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
*********
- Legal Name Wecangroup Sa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.77 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
SEALSQ
& 1 more
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Employee Count
Employee Count
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Products & Services of Wecan
Wecan offers a comprehensive portfolio of products and services, including Wecan Comply, Wecan Connect, and Wecan Chain. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for efficient data sharing and compliance in financial processes.
Platform for secure and instant communication among partners.
Service for adding auditability to various applications.
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Funding Insights of Wecan
Wecan has successfully raised a total of $3.77M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(10 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Wecan | Valuation |
investors |
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| Mar, 2022 | Amount | Angel Round - Wecan | Valuation | Michel Reybier |
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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 Wecan
Wecan has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include SEALSQ and Michel Reybier. 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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Semiconductor chips, embedded firmware, and related products are manufactured.
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Founded Year | Domain | Location | |
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MR
Michel Reybier |
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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 Wecan
| 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 - Wecan
| 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 |
Wecan Comparisons
Competitors of Wecan
Wecan 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 Symphony, EXIGER, Ascent, Cable and Clausematch, 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 |
Compliance management solutions for financial institutions
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| domain | founded_year | HQ Location |
Third-party risks and supply chains are managed via AI platform.
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| domain | founded_year | HQ Location |
Strategy management consulting services are provided by Ascent.
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| domain | founded_year | HQ Location |
AML solutions for financial institutions
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| domain | founded_year | HQ Location |
Cloud-based solutions for trade negotiation management are provided.
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| domain | founded_year | HQ Location |
Compliance management solutions are offered for financial institutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Wecan
Frequently Asked Questions about Wecan
When was Wecan founded?
Wecan was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is Wecan located?
Wecan is headquartered in Geneve, Switzerland. It is registered at Geneve, Geneve, Switzerland.
Is Wecan a funded company?
Wecan is a funded company, having raised a total of $3.77M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $3.77M, raised on Mar 10, 2022.
What does Wecan do?
Wecan was founded in 2015 and is based in Geneva, Switzerland. Blockchain technology is utilized by the company to deliver compliance management solutions tailored for financial institutions, including banks and asset managers. Key products encompass Wecan Comply for regulatory compliance, Wecan Chain as a proprietary blockchain network, and Wecan Connect for secure messaging applications. Operations focus on the fintech sector to support institutional needs.
What products or services does Wecan offer?
Wecan offers Wecan Comply, Wecan Connect, and Wecan Chain.
Who are Wecan's investors?
Wecan has 2 investors. Key investors include SEALSQ, and Michel Reybier.