About Wisewell
Wisewell is a company based in Toronto (Canada) founded in 2021 by Sami Khoreibi.. Wisewell has raised $2 million across 1 funding round from investors including BECO Capital. Wisewell offers products and services including Reverse Osmosis Water Filter, Carbon Filter, Mineral Filter, and UV Lamp. Wisewell operates in a competitive market with competitors including Aquatell, among others.
- Headquarter Toronto, Canada
- Founders Sami Khoreibi
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Sectors
EnvironmentConsumer Retail
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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
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Apr 06, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Wisewell
Wisewell offers a comprehensive portfolio of products and services, including Reverse Osmosis Water Filter, Carbon Filter, Mineral Filter, and UV Lamp. 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.
Purifies tap water by removing contaminants and adding minerals.
Removes organic compounds and improves water taste.
Adds essential minerals to purified water for better quality.
Eliminates bacteria and viruses in water purification process.
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Funding Insights of Wisewell
Wisewell has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in April 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 — $2.0M
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First Round
First Round
(06 Apr 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2022 | Amount | Seed - Wisewell | Valuation | BECO Capital |
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| 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 Wisewell
Wisewell has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include BECO Capital. 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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Venture capital investments are provided to startups in the Gulf and MENA region.
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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 Wisewell
| 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 - Wisewell
| 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 |
Wisewell Comparisons
Competitors of Wisewell
Wisewell 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 Aquatell, 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 |
Online retail of water purifiers, softeners, and accessories is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Wisewell
When was Wisewell founded?
Wisewell was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Wisewell located?
Wisewell is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Wisewell a funded company?
Wisewell is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Apr 06, 2022.
What does Wisewell do?
Provider of a home water purification system with full-spectrum filtration. This system purifies tap water, removing contaminants such as lead, PFAS, and microplastics. It features a four-step filtration process resulting in mineralized drinking water. The system is designed for ease of use, requiring only a simple plug-in installation. Users can monitor water quality and filter life through a connected mobile application. The system promotes sustainability by reducing reliance on single-use plastic water bottles. Automatic filter replacement ensures continuous optimal purification.
Who are the top competitors of Wisewell?
Wisewell's top competitors include Aquatell.
What products or services does Wisewell offer?
Wisewell offers Reverse Osmosis Water Filter, Carbon Filter, Mineral Filter, and UV Lamp.
Who are Wisewell's investors?
Wisewell has 1 investor. Key investors include BECO Capital.
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