WeShop

London, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By Boanerges
A social shopping community platform is operated for users.
Annual revenue $29,821 Latest available
Total funding $1.6M 2 rounds
Employees 11 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

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 as of February 28, 2021. 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.

  • Headquarter London, United Kingdom
  • Employees 11 as on 28 Feb, 2021
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Weshop Holdings Limited
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $29.82 K (USD)
    9494
    as on Feb 28, 2021
  • Net Profit
    -$4.91 M (USD)
    0
    as on Feb 28, 2021
  • EBITDA
    Not available
  • Total Equity Funding
    $1.56 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.46 M (USD), Post-IPO

    Aug 27, 2020

  • Investors
  • Employee Count
    11

    as on Feb 28, 2021

  • Acquired by
    Boanerges

    (Nov 17, 2021)

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Products & Services of WeShop

WeShop offers a comprehensive portfolio of products and services, including Social Shopping Platform.

Product name locked
Category locked
Primary

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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Locked Locked Locked
Private equity investments in Europe are managed by Vela Technologies.
Locked Locked Locked
A blank check firm specializing in acquisitions within tech sectors.
Locked Locked Locked
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Investor details for WeShop

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Investments & Acquisitions by WeShop

Investments
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Investment portfolio details for WeShop

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  • Portfolio identities
  • Transaction dates
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Financial Statements - WeShop

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Detailed financials for WeShop

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Weshop Comparisons

WeShop Primary company
Description
A social shopping community platform is operated for users.
Location
London, United Kingdom
Founded Year
2013
Annual Revenue
$29.82 K (USD)
Net Profit
-$4.91 M (USD)
EBITDA
Not available
Employees
11
As of 2021
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Peer comparison for WeShop

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  • Named peers
  • Headcount comparison
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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 year HQ Location Description
Locked Locked Locked
Internet services in e-commerce, finance, and digital content are operated.
Locked Locked Locked
App-based online platform offering rewards
Locked Locked Locked
Card-linked cashback and loyalty platform
Locked Locked Locked
Cashback for users and solutions to corporates and unions
Locked Locked Locked
Maximiles is operated as a platform for earning rewards through surveys.
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Detailed competitors of WeShop

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Latest news on Weshop

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Complete news archive for WeShop

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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.

As of Feb 28, 2021, the latest employee count at WeShop is 11.

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's top competitors include Rakuten, Qmee and Maximiles.

WeShop offers Social Shopping Platform.

WeShop has 3 investors. Key investors include Caledonian Holdings PLC, IamFire, and Boanerges.

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