About Wethos
Wethos is a Technology 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. Its chief executive, as recorded, is Rachel Renock. Its website wethos.co draws about 22 thousand monthly visits. Wethos offers products and services including Proposals, Invoices, Payments, Wethos AI, and Analytics. Its focus areas include Gig Economy, Freelancer IT and Business Management. Its competitors include HoneyBook, Bonsai and Protonn; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$16.42M (USD)
in 5 rounds
- Latest Funding Round$8M (USD), Series B
Sep 2021
- InvestorsSAP
& 22 more
Products & Services of Wethos
Wethos offers a comprehensive portfolio of products and services, including Proposals, Invoices, Payments, Wethos AI, and Analytics.
Tool for creating and customizing professional proposals quickly.
System for generating and scheduling client invoices efficiently.
Features for managing and automating client payment options.
AI-driven generator for creating detailed proposals instantly.
Platform for monitoring project and business metrics effectively.
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.
- Total Funding $16.42M
- Total Rounds 5
- Last Round Series B — $8M
- Investors Count 23
All 5 funding rounds of Wethos 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 |
|---|---|---|---|---|---|
| Sep 2021 | $8M | Series B | – | Third Prime | |
| Sep 2019 | $3M | Series A | – | Laconia | |
| Jun 2019 | $4.42M | Series A | – | Flybridge Capital Partners, Brooklyn Bridge Ventures | – |
| Aug 2017 | $1M | Seed | – | – | |
| Jun 2016 | Debt – Venture | – | – |
23 investors in total: 23 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Third Prime venture capital firm. | thirdprime.vc | New York, United States | ||
Seed and early-stage tech investments are made in US companies. | javelinvp.com | San Francisco, United States | ||
| buildingfullcircle.com | ||||
Investments are made in multiple sectors by F7 Ventures. | f7ventures.com | San Francisco, United States | ||
Venture capital firm focused on financial sector | clocktowerventures.com | Santa Monica, United States | ||
Seed-stage funding is provided to US tech companies by Laconia. | laconiacapitalgroup.com | New York, United States | ||
Early-stage investments are provided in B2B data-driven platforms. | valuestreamventures.com | |||
Revolution is recognized as a D.C.-based investment firm. | revolution.com | Washington, Dc, United States | ||
Early-stage tech startups are funded by Flybridge Capital Partners. | flybridge.com | New York, United States | ||
Investment in transformative technologies is facilitated across markets. | loupventures.com | Minneapolis, United States |
Investor details for Wethos
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
People of Wethos
4 people are tracked at Wethos (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Claire Humphreys | Co-Founder & COO | Leadership |
Rachel Renock | Co-Founder & CEO | Leadership |
Amrit Tiwana | VP of Engineering | Leadership |
Nateisha Campbell | Business Operations Coordinator | Team |
Complete people profiles for Wethos
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Wethos
3 dated milestones of Wethos across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Wethos is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $8.0M.
Competitors of Wethos
Wethos has 3 listed competitors in our database, 3 of them funded. They include HoneyBook, Bonsai and Protonn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| honeybook.com | 2013 | San Francisco, United States | $479M | 66 | Client workflows are automated and managed by HoneyBook software. | |
| hellobonsai.com | 2015 | San Francisco, United States | $120,000 | 4 | Cloud-based platform for freelance contract and payment management is offered. | |
| protonn.com | 2020 | San Jose, United States | $9M | 26 | Provides a platform for creating interactive videos to engage users effectively. |
Detailed competitors of Wethos
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.
Web traffic of Wethos
The website of Wethos (wethos.co) receives about 22.1K visits a month and ranks #1,217,004 among all websites worldwide, #9,907 in Business Services.
- Monthly visits22.1K
▲ 5.2% vs previous month
- Unique visitors9.9K
per month
- Global rank#1,217,004
among all websites
- Category rank#9,907
Business and Consumer Services · Business Services
- Bounce rate37%
- Pages per visit2.1
- Average visit12 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Wethos. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
biztemplateforyou.com | biztemplateforyou.com | 100% | #2,720,990 | – | |
millo.co | millo.co | 100% | #584,464 | – | |
arcsite.com | arcsite.com | 100% | #309,739 | – | |
| brandingbusiness.com | 72% | 11.4K | #2,432,797 | View details | |
| demandmetric.com | 60% | 14.1K | #1,681,114 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Wethos
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Wethos (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Wethos
Complete news archive for Wethos
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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 CEO of Wethos, as recorded in our data. 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 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.