About WeRize
WeRize is a company based in Bengaluru (India) founded in 2019 by Vishal Chopra and Himanshu Gupta. WeRize has raised $27.95 million across 5 funding rounds from investors including 3one4 Capital, Alteria Capital and British International Investment. The company has 259 employees as of April 09, 2024. WeRize offers products and services including Customized Mortgages and Group Insurance.
- Headquarter Bengaluru, India
- Employees 259 as on 09 Apr, 2024
- Founders Vishal Chopra, Himanshu Gupta
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Wortgage Technologies Pvt. Ltd
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.06 M (USD)189.13as on Mar 31, 2023
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Net Profit
-$1.05 M (USD)20.16as on Mar 31, 2023
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EBITDA
-$894.22 K (USD)20.68as on Mar 31, 2023
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Total Equity Funding
$27.95 M (USD)
in 5 rounds
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Latest Funding Round
$418.76 K (USD), Series B
Jun 28, 2024
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Investors
3one4 Capital
& 9 more
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Employee Count
259
as on Apr 09, 2024
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Products & Services of WeRize
WeRize offers a comprehensive portfolio of products and services, including Customized Mortgages and Group Insurance.
Customized mortgages are provided for families in small towns to meet their financial requirements.
Group insurance is offered as a benefit to registered customers of WeRize.
People of WeRize
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Software Development Team
22 people
Product Management Team
11 people
Leadership Team
6 people
Manager Team
4 people
Creative and Marketing Team
3 people
Senior Team
3 people
Human Resources and Administration
2 people
Data Analysis and Operations Team
2 people
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Funding Insights of WeRize
WeRize has successfully raised a total of $27.95M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $418.76 thousand completed in June 2024. 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.
Investors in WeRize
WeRize has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include 3one4 Capital, Alteria Capital and British International Investment.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt is provided to growth-stage companies for business scaling.
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Venture debt funding and structured finance for innovative startups in India.
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Locked | Locked | Locked | |
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Private debt and equity funds are managed for technology sectors.
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Locked | Locked | Locked |
Investor details for WeRize
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Investments & Acquisitions by WeRize
Investment portfolio details for WeRize
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Financial Statements - WeRize
Detailed financials for WeRize
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Werize Comparisons
Peer comparison for WeRize
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Competitors of WeRize
Detailed competitors of WeRize
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Latest news on Werize
Complete news archive for WeRize
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Frequently Asked Questions about WeRize
WeRize was founded in 2019.
WeRize is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vishal Chopra is the current CEO of WeRize. They have also founded this company.
WeRize is a funded company, having raised a total of $27.95M across 5 funding rounds to date.
As of Apr 09, 2024, the latest employee count at WeRize is 259.
Annual revenue of WeRize is $4.06M as on Mar 31, 2023.
WeRize was founded in 2019 in Bengaluru, India, as a provider of financial services focused on credit insurance and savings for underserved households. Customized loans, group insurance, and tailored savings solutions are delivered to promote financial inclusion in small town areas. Operations target upward mobility among rural and semi-urban populations through accessible products designed for low-income families.
WeRize offers Customized Mortgages and Group Insurance.
WeRize has 10 investors. Key investors include 3one4 Capital, Alteria Capital, British International Investment, Sony Innovation Fund, and Orios Venture Partners.
The valuation of WeRize is $148.92M as of Jun 2024.