# Weflow

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.getweflow.com
- Total disclosed funding: $5.9M
- Latest round: Seed (Jul 7, 2023)
- Investors on record: 3

## About

Weflow GmbH, based in Germany, functions as a SaaS provider specializing in Revenue Intelligence solutions that streamline CRM data workflows and enhance sales forecasting accuracy.Founded in 2020, Weflow GmbH is a software company focused on improving sales processes through enhanced data accuracy within CRM systems. The company has secured a total of USD 3.2 mn in funding, with the latest round being a Seed round on July 7, 2023, led by Gradient Ventures and including participation from Cherry Ventures and Hello World. The company operates out of Berlin, Germany, where it continues to innovate under the leadership of CEO Janis Zech, who co-founded the company alongside Philipp Stelzer.Weflow offers a comprehensive Revenue Intelligence Platform designed to enhance data accuracy and workflow automation within Salesforce. The platform enables users to automate activity capture, summarize meetings, and generate insights that inform decision-making processes, particularly in sales forecasting and pipeline management. Weflow’s core products include Activity Capture, Conversation Intelligence, Deal Intelligence, and Forecasting & Analytics, which collectively aim to resolve challenges associated with fragmented and unreliable CRM data. Notably, the platform has been adopted by over 200 high-growth companies, with prominent users such as Conekta, IDnow, and Zeotap, showcasing its effectiveness in various sectors including technology and finance. Weflow's solutions are marketed primarily in North America and Europe, targeting revenue operations teams and sales organizations seeking to improve performance through data-driven insights.Weflow operates on a subscription-based revenue model, where clients pay for access to its suite of products on a per-user, per-month basis. Pricing plans are structured to accommodate varying needs, with standalone products costing EUR 20 to EUR 30 per user per month, and bundled solutions available at a discount, such as the Revenue AI Platform offered at EUR 65 per user per month. Clients can choose specific products or combinations tailored to their operational requirements, enhancing flexibility in procurement. Revenue is generated primarily through business-to-business transactions, as Weflow serves organizations aiming to streamline their sales processes and achieve accurate forecasting. The subscription model facilitates predictable monthly revenue while enabling clients to scale usage based on their growth and evolving needs.With the recent Seed funding of USD 3.2 mn, Weflow GmbH aims to enhance its product offerings and expand into new markets. The funding will primarily support the development of new features and products designed to further integrate AI into their platform. The company is particularly focused on expanding its presence in North America and increasing its market share in Europe by the end of 2024. The recent deal on July 7, 2023, will enable Weflow to enhance its revenue intelligence capabilities and better serve its growing customer base.

## Funding rounds

- Seed, Jul 7, 2023, $3.2M — Cherry Ventures, Gradient Ventures, Hello World
- Seed, Nov 12, 2021, $2.7M — Cherry Ventures

## Investors

- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Hello World (https://capitalatlas.ai/funds/hello-world) — Seed
