About WeShop
WeShop is a company based in London (United Kingdom) founded in 2013 was acquired by Boanerges in November 2021. It operates as a Two-Sided Marketplace and Commission-Based. WeShop has raised $1.56 million across 2 funding rounds from investors including Caledonian Holdings PLC, IamFire and Boanerges. The company has 11 employees. WeShop offers products and services including Social Shopping Platform. WeShop operates in a competitive market with competitors including Rakuten, Qmee, Quidco, Pouring Pounds and Maximiles, among others.
- Annual Revenue$29.82 K (USD)9494as on Feb 28, 2021
- Net Profit-$4.91 M (USD)0as on Feb 28, 2021
- Total Equity Funding$1.56M (USD)
in 2 rounds
- Latest Funding Round$3.46M (USD), Post-IPO
Aug 2020
- InvestorsCaledonian Holdings PLC
& 2 more
- Employee Count11
- Acquired byBoanerges
(Nov 2021)
Products & Services of WeShop
WeShop offers a comprehensive portfolio of products and services, including Social Shopping Platform.
A platform for shopping with social sharing features.
Funding Insights of WeShop
WeShop has successfully raised a total of $1.56M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $3.46 million completed in August 2020. 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 $1.56M
- Total Rounds 2
- Last Round Post-IPO — $3.46M
- First Round $1.56M
(Jun 2014)
- Investors Count 2
All 2 funding rounds of WeShop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2020 | $3.46M | Post-IPO | – | – | |
| Jun 2014 | $1.56M | Seed | – | Vela Technologies | – |
3 investors in total: 3 institutional.
Investors in WeShop
WeShop has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Caledonian Holdings PLC, IamFire and Boanerges.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | iamfireplc.com | - | |
Private equity investments in Europe are managed by Vela Technologies. | 2000 | velatechplc.com | Bingley, United Kingdom | |
A blank check firm specializing in acquisitions within tech sectors. | 2021 | boanergesltd.com | Tortola, United Kingdom |
Investor details for WeShop
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of WeShop
2 people are tracked at WeShop (2 in leadership); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Abdelghani Eddahbi | CEO | Leadership |
Paul Ellerbeck | CEO | Leadership |
Complete people profiles for WeShop
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of WeShop
4 dated milestones of WeShop across 8 years, from founding to its latest funding, stage changes and deals.
- Founded WeShop is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Post-IPO, of $3.5M.
- Exit Acquired by Boanerges.
Competitors of WeShop
WeShop 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 Rakuten, Qmee, Quidco, Pouring Pounds and Maximiles, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| global.rakuten.com | 1997 | Setagaya, Japan | – | 1,601 | Internet services in e-commerce, finance, and digital content are operated. | |
| qmee.com | 2012 | London, United Kingdom | $2M | 44 | App-based online platform offering rewards | |
| quidco.com | 2005 | London, United Kingdom | – | 88 | Card-linked cashback and loyalty platform | |
| pouringpounds.com | 2011 | London, United Kingdom | $33.09M | 306 | Cashback for users and solutions to corporates and unions | |
| maximiles.com | 1999 | Paris, France | $7.91M | – | Maximiles is operated as a platform for earning rewards through surveys. | |
| yboo.co.uk | 2015 | Holmfirth, United Kingdom | $518,641 | 2 | Rewards and cashback are offered via a mobile app platform. | |
| numerous.app | 2019 | Hatfield, United Kingdom | $309,062 | – | Rewards are provided via an app-based platform for data-sharing users. | |
| shoppixapp.com | 2016 | London, United Kingdom | – | 2,025 | No detailed information is available about Shoppix's activities. |
Detailed competitors of WeShop
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Weshop
Complete news archive for WeShop
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to WeShop
10 companies that operate in the same segment as WeShop (Social & Influencer Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Used multi-category products are traded via an app-based social marketplace. | 2011 | Redwood City, California, United States | USD 203 M | USD 7.23 M | 224 | |
Online community-based shopping and recommendation platform | 2013 | Shanghai, China | USD 900 M | – | – | |
Multi-category products are retailed online by CityMall. | 2019 | Gurugram, Haryana, India | USD 153.52 M | USD 55.51 M | 1,597 | |
Online social deal-sharing platform for multi-category products | 2018 | Bengaluru, Karnataka, India | USD 386.76 M | USD 247.08 M | 504 | |
Online social shopping marketplace for women fashion products | 2012 | Gurugram, Haryana, India | USD 51.95 M | USD 327.87 M | 10,640 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Singapore, Singapore | USD 102.1 M | USD 5.06 K | – | |
Fourthwall is utilized by creators to build shops and memberships. | 2019 | Los Angeles, California, United States | USD 17 M | – | – | |
Multi-category products are traded via an app-based video commerce platform. | 2019 | El Segundo, California, United States | USD 235.75 M | – | – | |
Online group buying platform offering multi-category products | 2015 | Shanghai, China | USD 3.22 B | USD 60.07 B | – | |
Cloud-based WhatsApp marketing and customer engagement platform is provided. | 2019 | Bengaluru, Karnataka, India | USD 3.42 M | USD 14.24 K | 15 |
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Frequently Asked Questions about WeShop
WeShop was founded in 2013 and raised its 1st funding round 1 year after it was founded.
WeShop is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Abdelghani Eddahbi is the current CEO of WeShop.
WeShop is a funded company, having raised a total of $1.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.56M, raised on Jun 2014.
WeShop has 11 employees.
Annual revenue of WeShop is $29.82K as on Feb 28, 2021.
A social shopping platform is provided by WeShop, connecting over 500 retailers with users across the UK. Various categories including fashion, tech, and home products are covered. The Shareback mechanism is implemented to reward shoppers with shares for purchases and referrals. A mobile shopping experience is facilitated, allowing users to browse, buy, and recommend products within a community-driven environment.
WeShop offers Social Shopping Platform.
WeShop has 3 investors. Key investors include Caledonian Holdings PLC, IamFire, and Boanerges.
WeShop operates through Weshop Holdings Limited.
Yes. WeShop was acquired by Boanerges in November 2021.