About WeTransfer
WeTransfer is a company based in Amsterdam (Netherlands) founded in 2009 by Bastiaan Beerens and Rinke Visser was acquired by Bending Spoons in July 2024.. WeTransfer has raised $63.81 million across 2 funding rounds from investors including Bending Spoons, HPE Growth and Highland Europe. WeTransfer has completed 1 acquisition, including Present Plus. WeTransfer operates in a competitive market with competitors including Box, Dropbox, Egnyte, Crossbeam and BitTorrent, among others.
- Headquarter Amsterdam, Netherlands
- Founders Bastiaan Beerens, Rinke Visser
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Sectors
Technology
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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
$63.81 M (USD)
in 2 rounds
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Latest Funding Round
$38.81 M (USD), Series B
Aug 19, 2019
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Investors
Bending Spoons
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Bending Spoons
(Jul 31, 2024)
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Funding Insights of WeTransfer
WeTransfer has successfully raised a total of $63.81M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $38.81 million completed in August 2019. 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 2
- Last Round Series B — $38.8M
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First Round
First Round
(17 Feb 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series B - WeTransfer | Valuation | HPE Growth | |
| Feb, 2015 | Amount | Series A - WeTransfer | Valuation | Highland Capital Partners |
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| 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 WeTransfer
WeTransfer has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Bending Spoons, HPE Growth and Highland Europe. 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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Digital and technology-based companies are invested in by HPE Growth.
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Founded Year | Domain | Location | |
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Growth-stage consumer and enterprise technology companies are funded.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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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 WeTransfer
WeTransfer has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Present Plus. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Venture capital firm focused on pre seed to seed stage companies
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - WeTransfer
| 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 |
Wetransfer Comparisons
Competitors of WeTransfer
WeTransfer 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 Box, Dropbox, Egnyte, Crossbeam and BitTorrent, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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| domain | founded_year | HQ Location |
Large files are shared efficiently via a cloud-based protocol.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
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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Latest news on Wetransfer
Frequently Asked Questions about WeTransfer
When was WeTransfer founded?
WeTransfer was founded in 2009 and raised its 1st funding round 6 years after it was founded.
Where is WeTransfer located?
WeTransfer is headquartered in Amsterdam, Netherlands.
Is WeTransfer a funded company?
WeTransfer is a funded company, having raised a total of $63.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Feb 17, 2015.
What does WeTransfer do?
Founded in 2009 in Amsterdam, Netherlands, WeTransfer operates as a cloud-based file transfer tool within the software sector. Users are enabled to send files, documents, and URLs of sizes reaching 20 GB via a web interface. Integration with third-party applications such as Slack, Chrome, Sketch, and Firefox is supported, facilitating seamless sharing across platforms.
Who are the top competitors of WeTransfer?
How many acquisitions has WeTransfer made?
WeTransfer has made 1 acquisition, including Present Plus.
Who are WeTransfer's investors?
WeTransfer has 4 investors. Key investors include Bending Spoons, HPE Growth, Highland Europe, and Highland Capital Partners.
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