Wethos

New York, United States Founded: 2016 • Age: 10 yrs
Cloud-based freelancer platform for business management
Annual revenue - Latest available
Total funding $16.4M 5 rounds
Employees - Tracked headcount
Investors 23 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Wethos

Wethos is a company based in New York (United States) founded in 2016 by Claire Humphreys and Rachel Renock. Wethos has raised $16.42 million across 5 funding rounds from investors including SAP, Third Prime and Javelin Venture Partners. Wethos offers products and services including Proposals, Invoices, Payments, Wethos AI, and Analytics. Wethos operates in a competitive market with competitors including HoneyBook, Cosmofeed, Agenda Boa, Xolo and Bonsai, among others.

  • Headquarter New York, United States
  • Founders Claire Humphreys, Rachel Renock
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $16.42 M (USD)

    in 5 rounds

  • Latest Funding Round
    $8 M (USD), Series B

    Sep 23, 2021

  • Investors
    SAP

    & 22 more

  • Employee Count
    Not available
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Products & Services of Wethos

Wethos offers a comprehensive portfolio of products and services, including Proposals, Invoices, Payments, Wethos AI, and Analytics.

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Primary

Tool for creating and customizing professional proposals quickly.

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System for generating and scheduling client invoices efficiently.

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Features for managing and automating client payment options.

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AI-driven generator for creating detailed proposals instantly.

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Platform for monitoring project and business metrics effectively.

People of Wethos

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Rachel Renock
Chief Executive Officer
People
Nateisha Campbell
Business Operations Coordinator

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Funding Insights of Wethos

Wethos has successfully raised a total of $16.42M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in September 2021. 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 Wethos

Wethos has secured backing from 23 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Third Prime and Javelin Venture Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are funded by Third Prime venture capital firm.
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Seed and early-stage tech investments are made in US companies.
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Investor details for Wethos

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  • Investor domains
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Investments & Acquisitions by Wethos

Investments
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Investment portfolio details for Wethos

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  • Transaction dates
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Financial Statements - Wethos

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Detailed financials for Wethos

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  • Profit trends
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Wethos Comparisons

Wethos Primary company
Description
Cloud-based freelancer platform for business management
Location
New York, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Wethos

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Wethos

Wethos 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 HoneyBook, Cosmofeed, Agenda Boa, Xolo and Bonsai, among others.

Company Name Domain Founded year HQ Location Description
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Client workflows are automated and managed by HoneyBook software.
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Platform offering a suite of products for creators and soloprenuers to monetize digital content
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Online platform for freelancers to manage their projects and business
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Invoicing and compliance solutions are provided for independent professionals.
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Cloud-based platform for freelance contract and payment management is offered.
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Detailed competitors of Wethos

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Latest news on Wethos

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Complete news archive for Wethos

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  • Source and publication date
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Frequently Asked Questions about Wethos

Wethos was founded in 2016.

Wethos is headquartered in New York, United States. It is registered at New York, New York, United States.

Rachel Renock is the current CEO of Wethos. They have also founded this company.

Wethos is a funded company, having raised a total of $16.42M across 5 funding rounds to date.

Cloud-based freelancer platform for business management. It offers price projects, upsells clients, and delegate work to teammates. It is a tool available on the subscription-based pricing model. It is for small business owners.

Wethos's top competitors include HoneyBook, Cosmofeed and Bonsai.

Wethos offers Proposals, Invoices, Payments, Wethos AI, and Analytics.

Wethos has 23 investors. Key investors include SAP, Third Prime, Javelin Venture Partners, FullCircle, and F7 Ventures.

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