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 May 2026, weXelerate has witnessed 18 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.
weXelerate's List of Top Investments
weXelerate has a portfolio of 139 companies. Their most notable investments are in Liimtec and AllBlock.Their portfolio spans across Austria, Germany, United Kingdom and 25 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 24 other sectors, across stages such as Seed stage. Here is the list of top investments by weXelerate:1. Evrotrust
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
- Founded Year: 2015
- Location: Sofia (Bulgaria)
- Stage: Series B
- Total Funding till date: $13.8M
- Employee Count: 92 as on Apr 30, 2026
- Investors: 3TS Capital Partners, Elevator Lab and 5 Others
- Latest Funding Round: Series B, Nov 04, 2025, $*****
- Highlight: Editors' Pick
2. Refurbed
Online platform offering multi-category refurbished consumer electronic products. The product catalog includes tablets, smartphones, laptops, and desktops, smartwatches, cameras, audio devices, audio monitors, kitchen appliances & equipment, printers & scanners, and more.
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: Isomer Capital, Alisio DWC and 29 Others
- Latest Funding Round: Series C, Oct 22, 2025, $*****
- Highlight: Editors' Pick
3. Import.io
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
- Founded Year: 2012
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $38M
- Employee Count: 80 as on Apr 30, 2026
- Investors: AME Cloud Ventures, Wellington Partners Venture Capital and 28 Others
- Latest Funding Round: Series B, Dec 18, 2018, $*****
- Highlight: Acquired
4. Sumsub
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
- Founded Year: 2015
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $7.5M
- Employee Count: 1,044 as on Apr 30, 2026
- Investors: Flint Capital, Chrome Capital and 7 Others
- Latest Funding Round: Series A, Sep 08, 2020, $*****
- Highlight: Editors' Pick
Provider of a platform offering a suite of cybersecurity solutions. It is a cybersecurity enforcement protocol employing a HyperStructure ethos that is unstoppable, permissionless, and credibly neutral. It also turns centralized computer networks with traditionally untrusted devices into a decentralized cyber secure mesh.
Key facts about Naoris Protocol
- Founded Year: 2017
- Location: Wilmington (United States)
- Stage: Series A
- Total Funding till date: $15.1M
- Employee Count: 27 as on Apr 30, 2026
- Investors: GDA Investments, Expert DOJO and 14 Others
- Latest Funding Round: Series A, Jan 14, 2026, $*****
- Highlight: Editors' Pick
weXelerate's Year-on-Year Investment Trends
Its most recent first time investment was in DAGOPT.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 6 | 0 | 6 |
2017 | 5 | 0 | 5 |
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, Industrial Goods and Manufacturing and AR VR - Industry Applications. Notably, it has invested in 126 Tech companies, 110 Enterprise (B2B) companies, 102 Software companies and at least 51 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Enterprise Infrastructure | 5 |
High Tech | 5 |
Industrial Goods and Manufacturing | 2 |
AR VR - Industry Applications | 1 |
Others | 10 |
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.Country | No. of Investments |
|---|---|
Austria | 7 |
Czech Republic | 1 |
Germany | 1 |
Luxembourg | 1 |
Poland | 1 |
Others | 2 |
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 | 6297 | - | |
Feb 13, 2019 | United States | Seed | 9458 | - | |
Sep 20, 2018 | Austria | Seed | 6944 | - | |
Sep 20, 2018 | Luxembourg | Seed | 6168 | - | |
Feb 14, 2018 | Switzerland | Seed | 3308 | - |
IPOs and Publicly Listed companies in weXelerate's Portfolio
2 of weXelerate's portfolio companies have become public.Here are weXelerate's portfolio companies that went public:
Acquired companies in weXelerate's Portfolio
16 companies from weXelerate's portfolio have been acquired. The most recent acquisition was Txture in Oct 2025 by IBM for $*****.Here are weXelerate's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 31, 2025 | - | - | 4375 | |
Oct 14, 2025 | - | - | 1334 | |
Apr 11, 2025 | - | - | 6111 | |
Jan 21, 2025 | - | - | 2033 | |
Oct 15, 2024 | - | - | 7795 |
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 weXelerate: Kern 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 weXelerate: A 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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Venturecake: Austria's first co-owned accelerator starts at weXelerateTrending Topics•Nov 13, 2024•Venturecake, weXelerate
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weXelerate: Three new experts for expanding the membership programTrending Topics•Oct 09, 2023•weXelerate
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Santander becomes a corporate partner of the Viennese innovation hub weXeleratebrutkasten•Jun 12, 2023•Santander, weXelerate
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weXelerate’s admits Dutch IoT-startups Zenodys and Capte to its accelerator programSilicon Canals•Feb 14, 2018•weXelerate, Zenodys, Capte
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KPMG Austria, weXelerate announce start-up hub cooperationTelecompaper•Jun 14, 2017•weXelerate, KPMG
