About WeKan
WeKan, an accelerator and incubator program founded in 2015, is based in New York City, United States. With a presence in 3 countries, it has supported around 14 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, WeKan has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Spotdraft, Lucidity and Locale. The program primarily supports Seed startups based in United States. Its latest investment was a $4.99M Seed round in Lucidity on Jun 12, 2024, which also saw participation from Alpha Wave Global and Beenext.
Key Metrics
Founded Year
2015
Location
New York City, United States
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
WeKan's List of Top Investments
WeKan has a portfolio of 14 companies. Their most notable investmentis in Backstage ArmyTheir portfolio spans across United States, India and Italy. They have invested in Enterprise Applications, High Tech, Consumer and 10 other sectors, across stages such as Seed stage. Here is the list of top investments by WeKan:1. Spotdraft
AI-powered contract lifecycle management solution for companies. It streamlines the drafting, signing, and management of contracts for businesses. The platform offers a shared space to review, redline, and finalize contracts. It provides a repository that allows users to consolidate and store contracts. Its analytics feature provides insights into the contracting process and supports the decision making process.
Key facts about Spotdraft
- Founded Year: 2017
- Location: New York City (United States)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $113M
- Employee Count: 234 as on Feb 28, 2025
- Investors: Qualcomm Ventures, Prosus and 56 Others
- Latest Funding Round: Series B, Jan 27, 2026, $*****
- Highlight: Editors' Pick
2. Lucidity
Developer of software for autonomous cloud block storage resource optimization. This platform monitors infrastructure metadata to identify and rectify storage inefficiencies across multiple cloud environments. It provides visibility into disk utilization and automates the right-sizing of storage volumes to maintain performance without requiring manual intervention or system downtime. The technology functions by analyzing storage behavior and executing adjustments to provisioned capacity.
Key facts about Lucidity
- Founded Year: 2021
- Location: New York City (United States)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $31.8M
- Employee Count: 67 as on Feb 28, 2025
- Investors: WestBridge Capital, Sequoia Capital and 25 Others
- Latest Funding Round: Series A, Feb 10, 2025, $*****
- Highlight: Editors' Pick
3. Locale
AI based platform offering sales prospecting solutions for businesses using semantic search technology. It provides detailed insights into target accounts, including the processes, tools, and priorities of potential leads. It help sales teams identify and engage with potential clients by matching with prospects who are actively addressing the problems that the companys products.
Key facts about Locale
- Founded Year: 2019
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.42M
- Employee Count: 11 as on Jul 31, 2026
- Investors: Chiratae Ventures, Wellfound and 13 Others
- Latest Funding Round: Seed, Aug 12, 2021, $*****
- Highlight: Editors' Pick
4. Ride Kleen
RideKleen is an online platform offering eco-friendly car wash & detailing services. Their platform offers water-less steam-based car washing through their own fleet of vehicles. They provide various car cleaning & caring services including exterior steam wash, interior steam clean, car waxing, wheel shine, oil change, check & fill tire pressure, wiper blade & bulb replacement, and more.
Key facts about Ride Kleen
- Founded Year: 2013
- Location: Bryn Athyn (United States)
- Stage: Acquired
- Total Funding till date: $970K
- Employee Count: 8 as on Jul 31, 2026
- Investors: Ben Franklin Technology Partners, Quake Capital and 1 Other
- Latest Funding Round: Seed, Jan 30, 2018, $*****
- Highlight: Acquired
Monetization-based social platform for content creators. It offers solutions for users to create and share content with their audience. It also allows users to create their own currency that fans can earn and buy. It enables users to get a membership subscription to view exclusive posts. Available on both Android and iOS platforms.
Key facts about Backstage Army
- Founded Year: 2021
- Location: Los Angeles (United States)
- Stage: Seed
- Total Funding till date: $2M
- Employee Count: 1 as on Jul 31, 2026
- Investors: Accel, BoldCap and 4 Others
- Latest Funding Round: Seed, Aug 17, 2021, $*****
- Highlight: Editors' Pick
WeKan's Year-on-Year Investment Trends
WeKan has invested in 14 companies over the last 5 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in Backstage Army and most recent follow-on round was in Lucidity.WeKan's Investments by Stage
WeKan has made 2 investments in Seed stage with an average round size of $1.25M.WeKan's Investments by Sector
WeKan has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Enterprise Infrastructure and Media & Entertainment. Notably, it has invested in 12 Tech companies, 8 Enterprise (B2B) companies, 8 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Enterprise Applications | 1 |
Enterprise Infrastructure | 1 |
Media & Entertainment | 1 |
Note: We have considered here, only first round of investments
WeKan's Investments by Geography
WeKan has made most investments in United States (2).WeKan's recent investments
WeKan has not made any investment in 2026 so far.Here are the most recent investments by WeKan:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 12, 2024 | United States | Seed | 9794 | [+1] | |
Jun 14, 2022 | United States | Seed | 1272 | [+7] | |
Aug 17, 2021 | United States | Seed | 6941 | [+3] | |
May 24, 2021 | United States | Seed | 5557 | [+15] |
Acquired companies in WeKan's Portfolio
3 companies from WeKan's portfolio have been acquired. The most recent acquisition was UnCube in Aug 2019 by Cowrks for $*****.Here are WeKan's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 16, 2019 | - | - | 8195 | |
Jul 16, 2018 | - | - | 3430 | |
Jun 01, 2018 | - | - | 5051 |
Co-investors of WeKan
Over the past 5 years, 27 investors have co-invested in WeKan's portfolio companies. This includes funds and angels.
- Top Co-investors of WeKan: 20 investors entered a company along with WeKan. These include investors like Beenext (1 company).
- Invested after WeKan: A total of 7 investors have invested in WeKan's portfolio after their investments. Top Investors include Alpha Wave Global (1 company) and Blume Venture (1 company).
Recent News related to WeKan
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CreatorStack raises $2M in seed round led by AccelYourStory•Aug 17, 2021•Accel, The Runway Fund, PointOne Capital, Backstage Army and 2 others
