About Wecommerce
Wecommerce is a company based in Victoria (Canada) founded in 2014.. Wecommerce has raised $60 million across 2 funding rounds from investors including JPMorgan Chase, Canaccord Genuity Group and TD Securities. The company has 19 employees as of December 31, 2024. Wecommerce has completed 5 acquisitions, including Archetype Themes, Foursixty and Kno Technologies. Wecommerce offers products and services including Stamped, Foursixty, Archetype Themes, Orbit Apps, and KnoCommerce.
- Headquarter Victoria, Canada
- Employees 19 as on 31 Dec, 2024
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wecommerce Operations Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
JPMorgan Chase
& 2 more
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Employee Count
19
as on Dec 31, 2024
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Investments & Acquisitions
Archetype Themes
& 4 more
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Products & Services of Wecommerce
Wecommerce offers a comprehensive portfolio of products and services, including Stamped, Foursixty, Archetype Themes, Orbit Apps, and KnoCommerce. 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.
Enhances user engagement and customer satisfaction through reviews and loyalty tools.
Leverages social media content to bridge commerce and improve brand visibility.
Designs and markets premium themes for ecommerce platforms to enhance store aesthetics.
Provides apps to increase order values and build customer trust on ecommerce sites.
Offers zero-party data tools for insights into customer behavior and attribution.
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Funding Insights of Wecommerce
Wecommerce has successfully raised a total of $60M 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
(09 Dec 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Debt – Conventional - Wecommerce | Valuation |
investors |
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| Dec, 2020 | Amount | Series C - Wecommerce | Valuation | Canaccord Genuity Group , TD Securities |
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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 Wecommerce
Wecommerce has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include JPMorgan Chase, Canaccord Genuity Group and TD Securities. 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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Merger and acquisitions advisory firm
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Founded Year | Domain | Location | |
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M&A and corporate advisory services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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Financial services are provided to consumers and corporations worldwide.
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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 Wecommerce
Wecommerce has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Archetype Themes, Foursixty and Kno Technologies. 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
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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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eCommerce insights are delivered through a survey analytics platform.
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2021 | ||||
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Online marketplace for customizable website templates is operated.
|
2017 | ||||
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Provider of SaaS-based solutions for shoppable Instagram videos
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Wecommerce
| 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 |
Wecommerce Comparisons
Competitors of Wecommerce
| 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 Wecommerce
Frequently Asked Questions about Wecommerce
When was Wecommerce founded?
Wecommerce was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is Wecommerce located?
Wecommerce is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Is Wecommerce a funded company?
Wecommerce is a funded company, having raised a total of $60M across 2 funding rounds to date. The company's 1st funding round was a Series C of $60M, raised on Dec 09, 2020.
How many employees does Wecommerce have?
As of Dec 31, 2024, the latest employee count at Wecommerce is 19.
What does Wecommerce do?
Wecommerce was founded in 2014 in Victoria, Canada, where operations are based in the e-commerce sector. Support services are offered to assist online businesses with fulfillment, customer management, and related functions. The company operates through its domain wecommerce.co, serving clients primarily in North America while focusing on scalable solutions for digital commerce needs. Geography is centered in Canada, with potential for broader reach.
What products or services does Wecommerce offer?
Wecommerce offers Stamped, Foursixty, Archetype Themes, Orbit Apps, and KnoCommerce.
How many acquisitions has Wecommerce made?
Wecommerce has made 5 acquisitions, including Archetype Themes, Foursixty, and Kno Technologies.
Who are Wecommerce's investors?
Wecommerce has 3 investors. Key investors include JPMorgan Chase, Canaccord Genuity Group, and TD Securities.
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