# Weavr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/weavr

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.weavr.io
- Total disclosed funding: $62M
- Latest round: Series A (Jan 10, 2022)
- Investors on record: 9

## About

Weavr is a financial technology company specializing in embedded financial solutions that integrate seamlessly into B2B SaaS platforms, enhancing operational efficiency and providing innovative financial functionalities for users.Weavr, founded in 2018, is based in London, UK, and specializes in providing embedded financial solutions for B2B SaaS companies. The company has successfully raised GBP 35 million in Series A funding as of January 10, 2022, led by Tiger Global Management, with participation from several other investors, including LocalGlobe and Mubadala Capital. The founders, Adrian Mizzi and Alex Mifsud, have a history of entrepreneurship, contributing to the company's innovative trajectory. To date, Weavr has completed four funding deals, culminating in a total amount raised of GBP 35 million and a current valuation of GBP 197.954 million.Weavr specializes in embedded financial solutions tailored for B2B SaaS companies, providing a suite of products that integrate financial functionalities directly into client platforms. Their offerings include expense management tools, employee benefits programs, accounts payable automation, and SaaS subscription management, all designed to enhance operational efficiency and create new revenue streams for businesses. By embedding these solutions, Weavr enables clients to manage expenses effectively, streamline payment processes, and provide flexible employee benefits, addressing common pain points in financial oversight across various sectors, especially in the UK and European Union.In the most recent year, Weavr reported a revenue of GBP 2,620,971.30. The company generates revenue primarily through partnerships with B2B clients who utilize their embedded finance solutions. Clients subscribe to Weavr’s platform, allowing them to access various financial services. Revenue streams include fees related to payment card issuance, expense management, and bulk payment facilitation, all while maintaining robust relationships with mid-sized and enterprise-level organizations.Weavr plans to utilize the GBP 35 million raised in Series A funding to support its international expansion efforts, with a particular focus on launching in the U.S. market. The funding will also facilitate the development of new products designed to enhance their embedded finance offerings. Weavr's strategy includes targeting the U.S. market for expansion, aiming for a successful launch by 2023.

## Funding rounds

- Series A, Jan 10, 2022, $48M — Headline, Tiger Global Management, QED Investors, Seedcamp, Anthemis, Force Over Mass Capital, LocalGlobe, Mubadala Capital, SystemaNova
- Seed, May 26, 2021, $9.9M — Headline, QED Investors, Seedcamp, Anthemis
- Seed, Sep 3, 2020, $4.1M — QED Investors, Seedcamp, Anthemis
- Seed, Feb 20, 2020, $0.7M — Anthemis, Force Over Mass Capital, SystemaNova

## Investors

- Anthemis (https://capitalatlas.ai/funds/anthemis) — Seed, Series A
- Force Over Mass Capital (https://capitalatlas.ai/funds/force-over-mass-capital) — Seed, Series A
- SystemaNova (https://capitalatlas.ai/funds/systemanova) — Seed, Series A
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Seed, Series A
- Seedcamp (https://capitalatlas.ai/funds/seedcamp) — Seed, Series A
- Headline (https://capitalatlas.ai/funds/headline) — Seed, Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series A
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series A