About Weyo
Weyo is a company based in Melbourne (Australia) founded in 2014 by Stuart Berwick and Baz Palmer.. Weyo has raised $741.16 thousand across 1 funding round from investors including Riva Technology and Entertainment. Weyo offers products and services including Weyo App, Phonics with Friends, Book Nook, Play Hooray, and Hello Mellow. Weyo operates in a competitive market with competitors including Lingokids, Skillmatics, TinyTap, PlayShifu and LeapFrog, among others.
- Headquarter Melbourne, Australia
- Founders Stuart Berwick, Baz Palmer
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Sectors
Media & EntertainmentEducation
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Email
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Phone
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Website
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Social
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- Legal Name Weyo Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$741.16 K (USD)
in 1 rounds
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Latest Funding Round
$741.16 K (USD), Seed
Mar 21, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Weyo
Weyo offers a comprehensive portfolio of products and services, including Weyo App, Phonics with Friends, Book Nook, Play Hooray, and Hello Mellow. 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.
Interactive app for preschool learning through phonics and games.
Teaches phonics via interactive stories and characters.
Provides interactive stories for reading skill development.
Offers songs and games to build confidence and participation.
Focuses on emotions and yoga for child wellbeing.
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Funding Insights of Weyo
Weyo has successfully raised a total of $741.16K through 1 strategic funding round. The most recent funding activity was a Seed round of $741.16 thousand completed in March 2022. 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 — $741,156
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First Round
First Round
(21 Mar 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Seed - Weyo | Valuation |
investors |
| 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 |
Investors in Weyo
Weyo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Riva Technology and Entertainment. 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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Riva Technology and Entertainment is engaged in global gaming and esports.
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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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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 Weyo
| 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 - Weyo
| 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 |
Weyo Comparisons
Competitors of Weyo
Weyo 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 Lingokids, Skillmatics, TinyTap, PlayShifu and LeapFrog, 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 |
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| domain | founded_year | HQ Location |
Activity-driven English learning for kids is provided via mobile app.
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Learning resources and creative play products for children are retailed.
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SaaS and app-based platform offering activity-based learning solutions for school students
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Interactive STEM kits are provided for children's learning.
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| domain | founded_year | HQ Location |
Educational and entertainment products for children are created and offered.
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App-based educational games for children are developed in STEM fields.
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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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On-demand services are booked through an app-based platform.
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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 Weyo
Frequently Asked Questions about Weyo
When was Weyo founded?
Weyo was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is Weyo located?
Weyo is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Weyo?
Baz Palmer is the current CEO of Weyo. They have also founded this company.
Is Weyo a funded company?
Weyo is a funded company, having raised a total of $741.16K across 1 funding round to date. The company's 1st funding round was a Seed of $741.16K, raised on Mar 21, 2022.
What does Weyo do?
Weyo was founded in 2014 in Melbourne, Australia, within the edtech sector. Interactive apps for preschoolers are created, incorporating stories, songs, games, and yoga to support phonics, reading, and emotional wellbeing. Content is designed by play and education experts for engagement and learning. Augmented reality filters are used to enhance classic stories, promoting active participation. A growth mindset is emphasized in the apps approach to holistic development.
Who are the top competitors of Weyo?
What products or services does Weyo offer?
Weyo offers Weyo App, Phonics with Friends, Book Nook, Play Hooray, and Hello Mellow.
Who are Weyo's investors?
Weyo has 1 investor. Key investors include Riva Technology and Entertainment.
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