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About weXelerate

weXelerate, an accelerator and incubator program founded in 2017, is based in Vienna, Austria. With a presence in 28 countries, it has supported around 139 startups in sectors like Enterprise Applications, High Tech. As of Aug 2026, weXelerate has witnessed 19 portfolio exits. Most notable companies in its portfolio include Evrotrust, Refurbed and Import.io. The program is backed by a team of 2 people who primarily support Seed startups based in Austria. Its latest investment was a Undisclosed Seed round in DAGOPT on Feb 13, 2019.
Key Metrics
Founded Year
2017
Location
Vienna, Austria
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment

weXelerate's List of Top Investments

weXelerate has a portfolio of 139 companies. Their most notable investments are in AllBlock and Liimtec.Their portfolio spans across Austria, Germany, United Kingdom and 25 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 25 other sectors, across stages such as Seed stage. Here is the list of top investments by weXelerate:
AI based identity verification platform for businesses. The platform offers a mobile application for the electronic identification of persons and the electronic signing of documents. The platform uses machine learning technology for automated face recognition and processing of identity documents. It enables users to digitally sign documents or contracts, store in the cloud, and send to counterparties. It allows users to sign personal documents and by enterprises for remote contract signing and client onboarding.

Key facts about Evrotrust

Retailer of refurbished electronic devices including mobile phones and laptops. This business sells restored consumer electronics such as smartphones, tablets, computers, and household appliances. Each item undergoes a technical inspection and restoration process before being offered for sale. The inventory includes various hardware categories such as audio equipment, smartwatches, and gaming consoles. Customers purchase these items as alternatives to new products.

Key facts about Refurbed

  • Founded Year: 2017
  • Location: Vienna (Austria)
  • Stage: Series C
  • Total Funding till date: $189M
  • Employee Count: 277 as on Mar 31, 2026
  • Investors: Kreos Capital, Alisio DWC and 29 Others
  • Latest Funding Round: Series C, Oct 22, 2025, $*****
  • Highlight: Editors' Pick
Import.io's structure the web data and allows users to extract unstructured data from websites without writing any computer code. Users simply navigate to a website and teach the browser to extract data by showing it examples of where the data is, learning algorithms then generalize from these examples to work out how to get all the data on the website. The data that users collect is stored on import.io’s cloud servers to be downloaded and shared. Users can also generate an API from the data allowing them to easily integrate live web data into their own applications or third-party analytics and visualization software. The import.io data browser is free to download from the website. Clients include P&G, Amway and Accenture.

Key facts about Import.io

Provider of a platform for identity verification, regulatory compliance, and fraud prevention. The platform offers tools for user and business verification, transaction monitoring, and fraud prevention. It facilitates identity verification checks at various stages. The platform supports integrations via API, web, and mobile SDK.

Key facts about Sumsub

Provider of digital health engagement and risk quantification platforms. The platforms help businesses engage customers in health and wellness programs. The technology uses self-reported data to calculate health risks, providing personalized insights and recommendations. Solutions are offered as SaaS, API, and white-label options, adaptable to various industries including insurance, banking, and retail. The core offering is a health scoring system integrated into digital health apps and existing ecosystems. This allows for proactive health promotion, improved customer retention, and increased sales opportunities through personalized engagement.

Key facts about dacadoo

  • Founded Year: 2010
  • Location: Zurich (Switzerland)
  • Annual Revenue: €1M - €10M as on Dec 31, 2024
  • Stage: Series C
  • Total Funding till date: $71.1M
  • Employee Count: 51 as on Jul 31, 2026
  • Investors: TempoCap, Rakuten Capital and 2 Others
  • Latest Funding Round: Series C, Dec 12, 2019, $*****
  • Highlight: Editors' Pick

weXelerate's Investments by Stage

weXelerate has made 13 investments in Seed stage.

weXelerate's Investments by Sector

weXelerate has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Business Services and Industrial Goods and Manufacturing. Notably, it has invested in 126 Tech companies, 111 Enterprise (B2B) companies, 102 Software companies and at least 52 companies focusing on Saas.
Here are weXelerate's investments by sector:
Sector
No. of Investments
Enterprise Applications
7
Enterprise Infrastructure
5
High Tech
5
Business Services
2
Industrial Goods and Manufacturing
2
Others
10
Breakdown of weXelerate's investments by sectorsEnterprise Applic... (7)Enterprise Infras... (5)
Note: We have considered here, only first round of investments

weXelerate's Investments by Geography

weXelerate has made most investments in Austria (7), followed by Czech Republic where it has made 1 investment.
Here are weXelerate's investments by geography:
Country
No. of Investments
Austria
7
Czech Republic
1
Germany
1
Luxembourg
1
Poland
1
Others
2
Breakdown of weXelerate's investments by countriesAustria (7)Czech Republic (1)
Note: We have considered here, only first round of investments

weXelerate's recent investments

weXelerate has not made any investment in 2026 so far.
Here are the most recent investments by weXelerate:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Feb 13, 2019
Austria
Seed
1188
-
Feb 13, 2019
United States
Seed
2588
-
Sep 20, 2018
Austria
Seed
6755
-
Sep 20, 2018
Luxembourg
Seed
9832
-
Feb 14, 2018
Switzerland
Seed
8311
-

IPOs and Publicly Listed companies in weXelerate's Portfolio

1 of weXelerate's portfolio company became public -  Xplore.
Here are weXelerate's portfolio companies that went public:
Company
IPO Date
First Invested on
First Round of Investment
Round Size
-
-
-
9788

Acquired companies in weXelerate's Portfolio

18 companies from weXelerate's portfolio have been acquired. The most recent acquisition was Omnius in Aug 2026 by Adesso for $*****.
Here are weXelerate's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Aug 14, 2026
-
-
5182
Feb 03, 2026
-
-
9369
Oct 31, 2025
-
-
1814
Oct 14, 2025
-
-
5926
Apr 11, 2025
-
-
8453

Team profile of weXelerate

weXelerate has a team of 2 members including 2 Partners located in Austria. weXelerate's team does not sit on the board of any company as of now.

Co-investors of weXelerate

Over the past 9 years, 25 investors have co-invested in weXelerate's portfolio companies. This includes funds and angels.

  • Invested before weXelerateKern Sibbald, H-FARM and 1 other have invested in rounds before weXelerate. There is 1 company where Kern Sibbald has invested before weXelerate and 1 company where H-FARM has invested before weXelerate.
  • Invested after weXelerateA total of 22 investors have invested in weXelerate's portfolio after their investments. Top Investors include Tim Draper (1 company) and The Holt Xchange (1 company).

Recent News related to weXelerate

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FAQs about weXelerate

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