WeShop - About the company
WeShop is an acquired company based in London (United Kingdom), founded in 2013. It operates as an App-based online platform offering rewards. WeShop has raised $1.56M in funding from Vela Technologies. The company has 49 active competitors, including 6 funded and 5 that have exited. Its top competitors include companies like Rakuten, Qmee and Pouring Pounds.
Company Details
WeShop is an app-based online platform offering rewards. It allows users to get rewarded for shopping and sharing it with their friends and families. Users can spend those rewards to purchase on the platform. Its app is available on Android & iOS platforms.
- Website
- weshop.co.uk
- Email ID
- *****@weshop.co.uk
Key Metrics
Founded Year
2013
Location
London, United Kingdom
Stage
Acquired
Total Funding
$1.56M in 2 rounds
Latest Funding Round
Investors
Ranked
6th among 49 active competitors
Employee Count
35 as on Aug 31, 2026
Exit Details
Acquired by Boanerges (Nov 17, 2021)
Legal entities associated with WeShop
WeShop is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
COMMUNITY SOCIAL INVESTMENT LIMITED CIN: 8223448 , Germany, Active | Sep 20, 2012 | - | 11 (As on Feb 28, 2021) |
WeShop's acquisition details
WeShop got acquired by Boanerges on Nov 17, 2021.
Click here to take a look at WeShop's acquisition in detail
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WeShop's funding and investors
WeShop has raised a total funding of $1.56M over 2 rounds. Its first funding round was on 2014. Its latest funding round was a Post IPO round on Aug 27, 2020 for $*****. 1 investor participated in its latest round. WeShop has 5 institutional investors.
Here is the list of recent funding rounds of WeShop:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 27, 2020 | 2935926 | Post IPO | 5356217 | 2755905 | 6902719 | 9083516 |
2014 | 3881 | Seed | 9092 | 1731 | 6595 |
View details of WeShop's funding rounds and investors
WeShop's founders and board of directors
Founder? Claim ProfileWeShop's employee count trend
WeShop has 35 employees as of Aug 26. Here is WeShop's employee count trend over the years:
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WeShop's Competitors and alternates
Top competitors of WeShop include Rakuten, Qmee and Pouring Pounds. Here is the list of Top 10 competitors of WeShop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Rakuten 1997, San Francisco (United States), Public | App-based platform offering cashback on multi-category products | - | 78/100 | |
2nd | Qmee 2012, London (United Kingdom), Acquired | App-based online platform offering rewards | $4.5M | - | 56/100 |
3rd | Pouring Pounds 2011, London (United Kingdom), Seed | Cashback for users and solutions to corporates and unions | $33.1M | 48/100 | |
4th | Quidco 2005, London (United Kingdom), Acquired | Card-linked cashback and loyalty platform | - | - | 47/100 |
5th | Top Group 2005, Stafford (United Kingdom), Unfunded | App-based platform offering cashback on multi-category products | - | - | 44/100 |
6th | WeShop 2013, London (United Kingdom), Acquired | App-based online platform offering rewards | $1.56M | 41/100 | |
7th | Boom25 2016, London (United Kingdom), Seed | Online platform for rewards & cashback | $1M | 38/100 | |
8th | yboo 2015, Holmfirth (United Kingdom), Seed | App-based platform for rewards and cashback | $1.94M | 35/100 | |
9th | Shopa 2012, London (United Kingdom), Series A | Online social advertising & e-commerce platform | $12.4M | 32/100 | |
10th | Shoppix 2016, London (United Kingdom), Seed | App-based online platform offering cashback & rewards | - | 30/100 |
Looking for more details on WeShop's competitors? Click here to see the top ones
WeShop's Investments and acquisitions
WeShop has made no investments or acquisitions yet.
Reports related to WeShop
Here is the latest report on WeShop's sector:
News related to WeShop
•
IamFire raises £5,589,039 by way of a Discounted Capital Bond and is to acquire 10% in WeShopDirectorsTalk Interviews•Aug 27, 2020•IamFire, WeShop
•
Vela Technologies Mulls Partial Or Full Sale Of 1.4% Stake In WeShopMorningstar•Dec 03, 2019•Vela Technologies, WeShop
•
TSI’s WeShop and BrandShield announce exclusive global partnershipDirectorsTalk Interviews•Sep 05, 2019•BrandShield, WeShop
•
Two Shields Investments PLC WeShop Very significant progressDirectorsTalk Interviews•Jul 09, 2019•BrandShield, WeShop
•
Two Shields Investments ups its stake in WeShop following share swap dealProactive•May 24, 2019•BrandShield, WeShop, Two Shields Investments
•
•
Primorus Investments Invests In Engage, FOMO Money And WeShopMorningstar•Sep 01, 2017•Engage Tech, Fomo Money, WeShop, WeShop and 1 other
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