Last updated 2026-06-18
- Acquired by Banco Bonsucesso, Jun 2021
- Raised $30M funding round, Apr 2019
- Raised $14.9M funding round, Feb 2020
Total raised
$60.2M
Last: 2020-02
Stage
Acquired
Founded
2014
Headcount
39
HQ
Jerusalem, Israel
Sector
Fintech & Insurtech
About
WEEL has developed an app through which small and medium-sized businesses can upload their ERPs, sell their invoices, and receive immediate loans. The companys platform offers risk analysis and applies proprietary algorithms to determine a feasible time frame for clients to repay their loans.
Funding history · 5 rounds · $60.2M total
2020-02
2019-04
$30.0M
2018-01
2017-08
$8.5M
2015-03
Q&A
- What is WEEL's primary business?
- WEEL provides bridge loans for small and medium-sized businesses through an app, allowing them to upload ERPs, sell invoices, and receive immediate loans. The platform also performs risk analysis using proprietary algorithms to determine loan repayment timeframes.
- When was WEEL acquired and by whom?
- WEEL was acquired by Banco Bonsucesso in June 2021.
- What is WEEL's total funding raised to date?
- WEEL has raised a total of $60,235,652 in funding.
- Which investors participated in WEEL's February 2020 funding round?
- BV (Formerly Banco Votorantim) participated in WEEL's February 2020 funding round.
- Who were the investors in WEEL's April 2019 funding round?
- Franklin Templeton invested in WEEL's April 2019 funding round.
- Where is WEEL's headquarters located?
- WEEL's headquarters is located in Jerusalem, Israel.
- Who are the co-founders of WEEL?
- The co-founders of WEEL are Simcha (Simo) Neumark, who serves as Co-founder & CEO, and Shmuel (Sergio) Kalmus, who is the Co-founder & CTO.
Team · 2
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & Financing
Technologies
Data StoragePlatforms & InterfacesAPI
Target customers
Enterprise & Professional ServicesSMBs & SMEs
Business model
B2B
Highlights
Verified
Tags
fintechfactoringweb-platformpatent-pendingsmbinvoicesmicrofinancelending-and-financing
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | // |
|---|---|
| linkedin.com/company/8664022 | |
| facebook.com/weelbr | |
| YouTube | youtube.com/channel/UCsx3Kob6d-89fqrk7Dtk8hQ |
| instagram.com/weel_br |
Identifiers & details
| Former names | WorkCapital |
|---|---|
| Founded | 2014-11 |
| Employees (exact) | 39 |
| Offices | Brazil |
| Status reason | Acquired (Inactive) by Banco Bonsucesso on Jun 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Banco Bonsucesso 2021-06
Radar intelligence
Patents
| EPO | 59 |
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Publications (Crossref)
| Works | 10 |
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GitHub
| Top repos | officehours, android-gradle-presentation, flashcards-grails, runner-images, terraform-provider-aws |
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