About Wefivesoft
Wefivesoft is an Education company based in Las Cruces (United States) founded in 2019. It offers cloud-based solutions for efficient school management and administration. It operates on a B2B model. The company has 49 employees. Its Indian entity Wefivesoft Private Limited reported revenue of ₹8.18 Cr. Its focus areas include EdTech, School Management and Cloud Solutions. Similar companies include PowerSchool, Brightwheel and Anthology; 3 of its 3 listed similar companies have raised funding.
Company details
Wefivesoft, founded in 2019 in Las Cruces, United States, focuses on involved in educational services, edtech, handling school operations, and cloud solutions. Offers cloud-based solutions for efficient school management and administration. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Las Cruces, United States
- Employees 49
- SectorsEducation
- Website wefivesoft.com
- Social X Facebook
- Legal Name Wefivesoft Private Limited
- Date of Incorporation 26 Nov, 2015
- Jurisdiction Coimbatore, Tamil Nadu, India
- Indian entity revenue₹8.18 Cr
FY 2024 · -18% YoY
- Indian entity net loss-₹23.9 Lakh
FY 2024 · -3% margin
- Indian entity EBITDA-₹13.6 Lakh
FY 2024 · -2% margin
- Employee Count49
Associated legal entities of Wefivesoft
Wefivesoft operates through Wefivesoft Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wefivesoft Private Limited CIN U72200TZ2015PTC022012 | Active | 26 Nov 2015 | Coimbatore, Tamil Nadu | ₹8.2 Cr | 49 | 2 | View details |
Board of directors of Wefivesoft Private Limited (Wefivesoft)
Wefivesoft Private Limited is the primary company behind Wefivesoft. The board of Wefivesoft Private Limited currently have 2 directors; the longest-serving is Boochiappachetty Saminathan, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Boochiappachetty Saminathan DIN 03553419 | Director | 26 Nov 2015 | 10 yrs 10 mo | Wefivesoft Private Limited |
| Swaminathan Ravichandran DIN 03542210 | Director | 26 Nov 2015 | 10 yrs 10 mo | Wefivesoft Private Limited |
Financials of Wefivesoft
Figures of Wefivesoft Private Limited, the primary company behind Wefivesoft, for FY 2024. Revenue was ₹8.18 Cr (-18% year on year). Net loss was -₹23.9 Lakh (-3% margin). EBITDA was -₹13.6 Lakh (-2% margin). Revenue has grown at a compounded annual rate of +9% over three years and +9% over five years.
- ₹8.18 CrRevenue · FY 2024 · -18% YoY
- -₹23.9 LakhNet loss · -3% margin
- -₹13.6 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- 49Employees (provident fund records)
- +9%Revenue CAGR, 3 years
- +9%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wefivesoft Private Limited are on its company page.
Detailed financial statements for Wefivesoft
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Similar companies to Wefivesoft
Wefivesoft has 3 listed similar companies in our database, 3 of them funded. They include PowerSchool, Brightwheel and Anthology.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| powerschool.com | 1997 | Folsom, United States | $32M | 2,270 | Cloud-based software for K-12 education is provided. | |
| mybrightwheel.com | 2014 | San Francisco, United States | $88.8M | 404 | Online platform for preschool management and parent updates is offered. | |
| anthology.com | 1996 | Boca Raton, United States | $128.6M | LMS and CRM solutions are provided for educational institutions. |
Detailed similar companies of Wefivesoft
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Top companies in Education Technology Platforms
3 companies that operate in the same segment as Wefivesoft (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 900 | |
Cloud-based software for K-12 education is provided. | 1997 | Folsom, California, United States | USD 32 M | USD 47.59 M | 1,308 | |
Online platform for preschool management and parent updates is offered. | 2014 | San Francisco, California, United States | USD 88.8 M |
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Related news about Wefivesoft
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Frequently Asked Questions about Wefivesoft
Wefivesoft was founded in 2019.
Wefivesoft is headquartered in Las Cruces, United States. It is registered at Las Cruces, New Mexico, United States.
Wefivesoft has 49 employees.
The primary company behind Wefivesoft, Wefivesoft Private Limited, reported revenue of ₹8.18 Cr for FY 2024, down 18% year on year.
Wefivesoft, founded in 2019 in Las Cruces, United States, focuses on involved in educational services, edtech, handling school operations, and cloud solutions. Offers cloud-based solutions for efficient school management and administration. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Wefivesoft's top competitors include PowerSchool, Brightwheel and Anthology.
Wefivesoft operates through Wefivesoft Private Limited.
The legal entities of Wefivesoft currently have 2 directors, including Boochiappachetty Saminathan, Swaminathan Ravichandran.