About Wethos AI
Wethos AI is a company based in Newport Beach (United States) founded in 2023 by Darren Thomas, Margaret Cunningham, Stuart McClure, and Alan Deane.. Wethos AI has raised $7.5 million across 1 funding round from investors including Jeff Herbst, Miramar Digital Ventures and Cove Fund. Wethos AI offers products and services including XO, CalendarIQ, and MyTeams. Wethos AI operates in a competitive market with competitors including hiQ Labs, Kinetic, Altrata, Knoetic and Faethm, among others.
- Headquarter Newport Beach, United States
- Founders Darren Thomas, Margaret Cunningham, Stuart McClure, Alan Deane
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Seed
Aug 28, 2024
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Investors
Miramar Digital Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of Wethos AI
Wethos AI offers a comprehensive portfolio of products and services, including XO, CalendarIQ, and MyTeams. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for workplace guidance and behavioral insights.
Provides meeting insights to enhance human connections.
Offers suggestions for team collaboration and skill blending.
Funding Insights of Wethos AI
Wethos AI has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in August 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $7.5M
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First Round
First Round
(28 Aug 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2024 | Amount | Seed - Wethos AI | Valuation | Jeff Herbst |
| 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 |
Investors in Wethos AI
Wethos AI has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Jeff Herbst, Miramar Digital Ventures and Cove Fund. 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.
| Investor | Description | Founded Year | Domain | Location |
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Seed and early-stage US investments are targeted by the fund.
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Seed-stage venture capital funding is provided by Cove Fund.
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Founded Year | Domain | Location | |
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JH
Jeff Herbst |
Angel investor, co-founder of Gelt Venture Capital, focused on early-stage startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wethos AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Wethos AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Wethos Ai Comparisons
Competitors of Wethos AI
Wethos AI 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 hiQ Labs, Kinetic, Altrata, Knoetic and Faethm, 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 |
HR analytics are powered by data science and machine learning.
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| domain | founded_year | HQ Location |
Tech-driven programs for reducing workplace injuries are offered.
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| domain | founded_year | HQ Location |
Provides data-driven insights for client acquisition, dealmaking, and executive search.
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| domain | founded_year | HQ Location |
Recruitment services are provided by Knoetic to support talent acquisition.
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| domain | founded_year | HQ Location |
AI-based workforce analytics software
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Wethos AI
When was Wethos AI founded?
Wethos AI was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Wethos AI located?
Wethos AI is headquartered in Newport Beach, United States. It is registered at Newport Beach, California, United States.
Who is the current CEO of Wethos AI?
Stuart McClure is the current CEO of Wethos AI. They have also founded this company.
Is Wethos AI a funded company?
Wethos AI is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on Aug 28, 2024.
What does Wethos AI do?
AI-powered employee behavioral insights solutions. It provides real-time, actionable insights into individual and team performance, empowering organizations to streamline processes and unlock employee potential. Additionally, it offers predictive analytics on employee performance to predict the organizations outcomes.
Who are the top competitors of Wethos AI?
What products or services does Wethos AI offer?
Wethos AI offers XO, CalendarIQ, and MyTeams.
Who are Wethos AI's investors?
Wethos AI has 4 investors. Key investors include Jeff Herbst, Miramar Digital Ventures, Cove Fund, and Capellas Partners.
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