Weel
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $19M
Investors
- 8
About Weel
Established in 2016 and based in Surry Hills, Australia, Weel, formerly known as DiviPay, is a fin-tech company that offers an expense management and virtual card platform and mobile wallet that automates expense reporting and helps businesses control their spending. In November 2021, DiviPay Pty Ltd. From virtual corporate cards with customizable spending controls to streamlined bill payments and subscription management, Weel offers a range of solutions tailored to meet the different needs of enterprise management. The platform also facilitates easy reimbursements, real-time transaction monitoring, and expense reporting tools that foster greater financial transparency and control. By integrating smart accounting solutions and offering seamless Xero integration, Weel can provide an optimized operation solution for enterprises of different sizes. Weel's revenue stream predominantly stems from the provision of its spend management solutions to businesses across different sectors. The company generates income through subscription models, service fees, and partnerships with businesses looking to streamline their financial processes. Additionally, Weel's collaborations with accounting firms and bookkeepers contribute to its revenue stream.
Who invested in Weel
8 investors across 4 rounds
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Questions about Weel
Who invested in Weel?
Weel has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Weel raised?
Weel has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Weel last raise money?
Weel's most recent round on record is a Series A, in Nov 2021.
What does Weel do?
Established in 2016 and based in Surry Hills, Australia, Weel, formerly known as DiviPay, is a fin-tech company that offers an expense management and virtual card platform and mobile wallet that automates expense reporting and helps businesses control their spending.
Where is Weel headquartered?
Weel is headquartered in Sydney, Australia.
Which VCs invest in companies like Weel?
Among active investors with capital left to deploy, IAG Firemark Ventures, Blackbird, AirTree Ventures and Square Peg back financial services companies at Weel's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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