Welovenocode

Wilmington, United States Founded: 2020 • Age: 6 yrs Acquired By Toptal
Software development services are offered to various clients.
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About Welovenocode

Welovenocode is a company based in Wilmington (United States) founded in 2020 was acquired by Toptal in October 2023.. Welovenocode has raised $3.1 million across 2 funding rounds from investors including Toptal, Mantis VC and K5 Global. Welovenocode operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, among others.

  • Headquarter Wilmington, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3 M (USD), Seed

    Apr 07, 2022

  • Investors
    Toptal

    & 9 more

  • Employee Count
    Employee Count
  • Acquired by
    Toptal

    (Oct 21, 2023)

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People of Welovenocode
Headcount 1000-5000
Employee Profiles 133
Board Members and Advisors 4
Employee Profiles
People
Taso Du Val
Co-Founder & CEO
People
Erik Stettler
Chief Economist
People
Megan Amdahl
Chief Customer Officer
People
Michelle Labbe
Chief People Officer

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Funding Insights of Welovenocode

Welovenocode has successfully raised a total of $3.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in April 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
  • Total Rounds 2
  • Last Round Seed — $3.0M
  • First Round

    (27 Oct 2021)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Seed - Welovenocode Valuation Mantis VC
Oct, 2021 Amount Seed - Welovenocode Valuation AngelsDeck Global Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Welovenocode

Welovenocode has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Toptal, Mantis VC and K5 Global. 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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on fintech, healthcare, logistics, enterprise tech, AI, ed tech, and multiple sectors
Founded Year Domain Location
Conventional venture capital fund
Founded Year Domain Location
Venture capital fund investing multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Welovenocode

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Welovenocode

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Welovenocode Comparisons

Employees
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Competitors of Welovenocode

Welovenocode 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Gigster, 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
IT services suite solutions are provided globally by AlmavivA.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Embedded computing platforms are developed for industrial applications.
domain founded_year HQ Location
Software development services are provided by Unicorn in Prague.
domain founded_year HQ Location
Software development services are provided via an AI-powered platform.
domain founded_year HQ Location
Platform offering digital textbooks for students
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Welovenocode

Frequently Asked Questions about Welovenocode

When was Welovenocode founded?

Welovenocode was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Welovenocode located?

Welovenocode is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Who is the current CEO of Welovenocode?

Taso Du Val is the current CEO of Welovenocode.

Is Welovenocode a funded company?

Welovenocode is a funded company, having raised a total of $3.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Oct 27, 2021.

What does Welovenocode do?

Welovenocode was founded in 2020 and is headquartered in Wilmington, United States. Software development services are provided by the company within the technology sector. Operations focus on custom software solutions for businesses. The firm is led by CEO Taso Du Val. Activities are centered in the United States, with potential for broader client engagement through its online domain.

Who are the top competitors of Welovenocode?

Welovenocode's top competitors include RedShelf, Unicorn and Hedgehog lab.

Who are Welovenocode's investors?

Welovenocode has 10 investors. Key investors include Toptal, Mantis VC, K5 Global, CapitalX, and Liquid 2 Ventures.

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