About Weld
Weld is a company based in Copenhagen (Denmark) founded in 2014 by Jakob Kristensen. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Weld has raised $6.94 million across 2 funding rounds from investors including Frontline Ventures, Cherry Ventures and Des Traynor. The company has 27 employees as of December 31, 2022. Weld offers products and services including Managed Data Pipelines, Data Transformations, Weld Connect API, and Custom Connector. Weld operates in a competitive market with competitors including Informatica, Conga, Nexla, Nitro and Nuxeo, among others.
- Headquarter Copenhagen, Denmark
- Employees 27 as on 31 Dec, 2022
- Founders Jakob Kristensen
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Weld Technologies Aps
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Annual Revenue
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Net Profit
$-2.06 M (USD)-308as on Dec 31, 2022
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EBITDA
$-2.31 M (USD)-305as on Dec 31, 2022
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Total Equity Funding
$6.94 M (USD)
in 2 rounds
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Latest Funding Round
$4.52 M (USD), Seed
Nov 29, 2021
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Investors
Frontline Ventures
& 5 more
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Employee Count
27
as on Dec 31, 2022
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Products & Services of Weld
Weld offers a comprehensive portfolio of products and services, including Managed Data Pipelines, Data Transformations, Weld Connect API, and Custom Connector. 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.
Data is replicated from sources to warehouses efficiently.
Raw data is transformed into actionable insights quickly.
Custom integrations are enabled through a secure API.
Custom API connectors are built for data extraction.
Unlock access to complete
Funding Insights of Weld
Weld has successfully raised a total of $6.94M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.52 million completed in November 2021. 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 Seed — $4.5M
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First Round
First Round
(29 Apr 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Seed - Weld | Valuation |
investors |
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| Apr, 2021 | Amount | Seed - Weld | Valuation |
investors |
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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 Weld
Weld has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Frontline Ventures, Cherry Ventures and Des Traynor. 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 B2B companies
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Founded Year | Domain | Location | |
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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location | |
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DT
Des Traynor |
Co-founder of Intercom, active angel investor in tech startups.
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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 Weld
| 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 - Weld
| 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 |
Weld Comparisons
Competitors of Weld
Weld 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 Informatica, Conga, Nexla, Nitro and Nuxeo, 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 |
Cloud based enterprise data preparation and management platform
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
An AI-powered platform for data integration and management is developed.
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| domain | founded_year | HQ Location |
Cloud-based PDF editing, collaboration, and e-signature solutions are provided.
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| domain | founded_year | HQ Location |
An open source platform for content management applications is provided.
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| domain | founded_year | HQ Location |
SaaS based eDiscovery
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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 Weld
Frequently Asked Questions about Weld
When was Weld founded?
Weld was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Where is Weld located?
Weld is headquartered in Copenhagen, Denmark.
Is Weld a funded company?
Weld is a funded company, having raised a total of $6.94M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.42M, raised on Apr 29, 2021.
How many employees does Weld have?
As of Dec 31, 2022, the latest employee count at Weld is 27.
What does Weld do?
Data integration is provided by Weld through a robust ETL platform that supports over 200 pre-built connectors for seamless data movement from various sources to data warehouses. Operations are powered with near real-time data pipelines for analytics and AI. Solutions include managed data pipelines, data transformations using tools like dbt, reverse ETL for operational use, and custom API integrations. Security and privacy are prioritized with enterprise-grade measures. Sectors served include marketing, sales, finance, and engineering with destinations like Google BigQuery and Snowflake.
Who are the top competitors of Weld?
Weld's top competitors include Conga, Nexla and Informatica.
What products or services does Weld offer?
Weld offers Managed Data Pipelines, Data Transformations, Weld Connect API, and Custom Connector.
Who are Weld's investors?
Weld has 6 investors. Key investors include Frontline Ventures, Cherry Ventures, Des Traynor, Phil Chambers, and Petr Janda.
What is Weld's valuation?
The valuation of Weld is $14.19M as of Apr 2021.