About WeQ
WeQ is a company based in Berlin (Germany) founded in 2001 by Sven Lubek and Markus Malti. It operates as a B2B. WeQ has raised $5.7 million across 3 funding rounds. The company has 31 employees as of December 31, 2019. WeQ has completed 1 acquisition, including Boost Studio. WeQ operates in a competitive market with competitors including LiquidM, Adelphic, The Mobile Majority, Adikteev and PapayaMobile, among others.
- Headquarter Berlin, Germany
- Employees 31 as on 31 Dec, 2019
- Founders Sven Lubek, Markus Malti
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Weq Global Tech Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.7 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
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Employee Count
31
as on Dec 31, 2019
- Investments & Acquisitions
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Funding Insights of WeQ
WeQ has successfully raised a total of $5.7M across 3 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 3
- Last Round Last Round
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First Round
First Round
(16 Jun 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Series A - WeQ | Valuation |
investors |
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| Apr, 2018 | Amount | Debt – Conventional - WeQ | Valuation |
investors |
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| Jun, 2014 | Amount | Series A - WeQ | 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 |
Investments & Acquisitions by WeQ
WeQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Boost Studio. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
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.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Branding, digital marketing, and application/web design services are offered.
|
2009 |
| 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 | ||||
|
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 - WeQ
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Weq Comparisons
Competitors of WeQ
WeQ 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 LiquidM, Adelphic, The Mobile Majority, Adikteev and PapayaMobile, 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.
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile ad campaigns are managed via a SaaS-based demand-side platform.
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Mobile demand-side platform is utilized for targeted audience engagement.
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Moments-based advertising is targeted for desktop and mobile users.
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Mobile advertising tools are offered for campaign testing and automation.
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Cloud based in app advertising platform
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|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Weq
Frequently Asked Questions about WeQ
When was WeQ founded?
WeQ was founded in 2001 and raised its 1st funding round 13 years after it was founded.
Where is WeQ located?
WeQ is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is WeQ a funded company?
WeQ is a funded company, having raised a total of $5.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.7M, raised on Jun 16, 2014.
How many employees does WeQ have?
As of Dec 31, 2019, the latest employee count at WeQ is 31.
What does WeQ do?
WeQ specializes in mobile advertising services for targeted campaigns through media and advertising, offering digital advertising, mobile advertising, and ad platforms. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of WeQ?
WeQ's top competitors include LifeStreet Media, SMADEX and Ad4Screen.
How many acquisitions has WeQ made?
WeQ has made 1 acquisition, including Boost Studio.