Total raised
$60.2M
Last: Series C 2020-02
Stage
Acquired
Founded
2014
Headcount
39
HQ
Jerusalem
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
Series C
$14.9M
2019-04
Series B
$30.0M
2018-01
Undisclosed
$6.0M
2017-08
Series A
$8.5M
2015-03
Seed
$800K
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