When was Waracle founded?

Waracle was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Where is Waracle located?

Waracle is headquartered in Dundee, United Kingdom. It is registered at THE ENGINE ROOM,,1 BASH STREET,DUNDEE,SCOTLAND,DD1 1NJ.

How many employees does Waracle have?

As of Sep 30, 2026, the latest employee count at Waracle is 379.

Is Waracle a funded company?

Waracle is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Dec 12, 2019.

When was the latest funding round of Waracle?

Waracle's latest funding was a $***** Series A round on Dec 12, 2019, with participation from 1 investor.

What is the annual revenue of Waracle?

Annual revenue of Waracle is between £10M and £50M as on Dec 31, 2025

Where does Waracle rank among its competitors?

Waracle ranks 39th amongst 63935 active competitors, of which 331 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Tset, which secured $13.8M in Jul, 2024.

Who are the top competitors of Waracle?

Waracle's top competitors include GirnarSOFT, Gigster and Unicorn. Among them, Tset secured the most recent funding round in July, 2024.

Waracle - 2026 Company Profile, Team, Funding, Competitors & Financials

Waracle is an acquired company based in Dundee (United Kingdom), founded in 2007 by Michael Romilly. It operates as a Mobile app development and IoT firm. Waracle has raised $6.32M in funding from BGF. The company has 63935 active competitors, including 331 funded and 1294 that have exited. Its top competitors include companies like GirnarSOFT, Gigster and Unicorn.

Company Details

Waracle is a mobile app development and IoT firm. The company has expertise in designing, building and managing mobile apps on all platforms iOS, Android, Windows, and HTML5. Services offered include IoT projects, agile development teams, app optimization, and digital consulting. Waracle creates developments within fintech, digital health, and energy enterprise companies. Peak Scientific, Clydesdale Bank, ScotRail, Workplace, Scotmid, JLL, Highland Park, Cutty Sark, Pinpoint, SEPA, ScottishPower, etc are few of the clients of Waracle.

Website: waracle.com
Social
Phone Number: +44 **********
Registered Address: THE ENGINE ROOM,,1 BASH STREET,DUNDEE,SCOTLAND,DD1 1NJ

Key Metrics

Founded Year

2007

Location

Dundee, United Kingdom

Stage

Acquired

Total Funding

$6.32M in 1 round

Latest Funding Round

Series A, Dec 12, 2019, $*****

Investors

BGF

Ranked

39^th among 63935 active competitors

Annual Revenue

£10M - £50M as on Dec 31, 2025

Employee Count

379 as on Sep 30, 2026

Investment & Acquisitions

Inov8Consulting & 4 more

Similar Companies

GirnarSOFT & 86068 more

Exit Details

Acquired by Exception (Jan 06, 2016)

View Waracle's full profile

Waracle is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
WARACLE LIMITED CIN: SC325433 , United Kingdom, Active	Jun 12, 2007	£10M - £50M (As on Dec 31, 2025)	42 (As on Dec 31, 2017)

Waracle got acquired by Exception on Jan 06, 2016.

Click here to take a look at Waracle's acquisition in detail

Waracle has raised a total funding of $6.32M over 1 round. Its latest funding round was a Series A round on Dec 12, 2019 for $*****. 1 investor participated in its latest round. Waracle has 1 institutional investor.

Here is the list of recent funding rounds of Waracle:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 12, 2019	9781940	Series A	8439241	4478351	9311789	2335729

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View details of Waracle's funding rounds and investors

The founders of Waracle is Michael Romilly. Chris Martin is the CEO of Waracle.

Here are the details of Waracle's key team members:

Michael Romilly: Founder of Waracle.
Chris Martin: CEO of Waracle.

View details of Waracle's Founder profiles and Board Members

Waracle's employee count trend

Waracle has 379 employees as of Sep 26. Here is Waracle's employee count trend over the years:

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Top competitors of Waracle include GirnarSOFT, Gigster and Unicorn. Here is the list of Top 10 competitors of Waracle, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	GirnarSOFT 2007, Jaipur (India), Series E	Provider of website, web & mobile application development, BI, and digital marketing services	$620M	Peak XV Partners, Hillhouse & 43 others	78/100
2nd	Gigster 2013, Austin (United States), Acquired	Provider of software development services	$32.5M	Redpoint Ventures, Felicis Ventures & 22 others	69/100
3rd	Unicorn 1990, Prague (Czech Republic), Acquired	Provider of software development services	$12M	iAngels, Israel Seed Partners & 4 others	66/100
4th	MWM 2012, Boulogne billancourt (France), Series C	Mobile app development studio and publisher that uses AI technologies	$67M	Blisce, Aglae Ventures & 5 others	65/100
5th	Hedgehog lab 2007, Newcastle Upon Tyne (United Kingdom), Series A	Provider of mobile application development and UX design services	$9.49M	Maven Capital Partners, BGF & 1 others	60/100
6th	Capital Numbers 2012, Kolkata (India), Public	Provider of application development and DevOps services	-	-	58/100
7th	Fixstars Corporation 2002, Tokyo (Japan), Public	Provider of software acceleration solutions and cloud services	-	Mirai Creation Fund, SMBC Venture Capital ... & 2 others	56/100
8th	FPT Software 1999, Hanoi (Vietnam), Unfunded	Provider of application development and UI/UX design services	-	-	55/100
9th	Sylogist 1993, Calgary (Canada), Public	Limited information available	-	-	55/100
10th	Tset 2017, Kuchl (Austria), Acquired	Provider of software development services	$13.8M	Carbon Removal Partners, Brose & 2 others	55/100
39th	Waracle 2007, Dundee (United Kingdom), Acquired	Mobile app development and IoT firm	$6.32M	BGF	56/100

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Waracle has made 1 investments in companies including SICCAR. Waracle has also acquired 4 companies including Inov8Consulting and TechSoft.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 05, 2026	Acquisition	Inov8Consulting	2011	United Kingdom
Nov 24, 2025	Acquisition	TechSoft	2014	Bulgaria
Jun 21, 2024	Acquisition	Screenmedia	2004	Glasgow (United Kingdom)