Weex - About the company
Weex is an acquired company based in Mexico City (Mexico), founded in 2015 by John Cooper and Ricardo Suarez. It operates as a MVNO in Mexico. Weex has raised an undisclosed amount in funding. The company has 11 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like Micel, We Mobile and Bestel.
Company Details
Weex is a Mobile Virtual Network Operator in Mexico offering voice and data services. It provides an application for users to set limits on consumption of data and voice services. The company is supported by Coca-Cola Founders program.
- Website
- weex.mx
Key Metrics
Founded Year
2015
Location
Mexico City, Mexico
Stage
Acquired
Latest Funding Round
Investors
Ranked
1st among 11 active competitors
Employee Count
21 as on Aug 31, 2026
Exit Details
Acquired by YO Mobile (Aug 08, 2019)
Weex's acquisition details
Weex got acquired by YO Mobile on Aug 08, 2019.
Click here to take a look at Weex's acquisition in detail
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Weex's funding and investors
Weex has raised funding over 1 round. Its latest funding round was a Series A round on Mar 03, 2016 for $*****. 1 investor participated in its latest round. Weex has 1 institutional investor.
Here is the list of recent funding rounds of Weex:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2016 | 6985824 | Series A | 1304033 | 3971777 | 2481142 | 7372531 |
View details of Weex's funding rounds and investors
Weex's founders and board of directors
Founder? Claim ProfileThe founders of Weex are John Cooper and Ricardo Suarez.
Here are the details of Weex's key team members:
- John Cooper: Co Founder of Weex and founder of 1 other company. They are also an angel investor in 1 startup and serve on the boards of 2 companies.Contact Info: 1 email address
- Ricardo Suarez: Co-Founder of Weex.
View details of Weex's Founder profiles and Board Members
Weex's employee count trend
Weex has 21 employees as of Aug 26. Here is Weex's employee count trend over the years:
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Weex's Competitors and alternates
Top competitors of Weex include Micel, We Mobile and Bestel. Here is the list of Top 10 competitors of Weex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | MVNO in Mexico | - | 34/100 | ||
2nd | Postpaid mobile communication services without credit cards | $33.8M | 32/100 | ||
3rd | Telecommunications company specializing in providing M2M and multi-operator data services | - | - | 30/100 | |
4th | Provider of internet telephony and connectivity services | - | - | 26/100 | |
5th | Wireless internet services provider | - | - | 24/100 | |
6th | Provider of mobile network telecommunication services | - | - | 22/100 | |
7th | Provider of SIM cards and internet for mobile telephony services | - | - | 18/100 | |
8th | OLIS MOVIL 2022, Mexico, Unfunded | Provider of network services for telephones | - | - | 16/100 |
9th | Provider of mobile telephony services | - | - | 16/100 | |
10th | Provider of mobile telephony and internet services for homes | - | - | 16/100 |
Looking for more details on Weex's competitors? Click here to see the top ones
Weex's Investments and acquisitions
Weex has made no investments or acquisitions yet.
Reports related to Weex
Here is the latest report on Weex's sector:
News related to Weex
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WEEX Completes First-Ever Burn $120 Million Worth of WXT, Reducing Supply by 40% -- Could WXT Be the Next 100x GemPR Newswire•Jan 30, 2025•Weex, Weex
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