Wayflyer is a technology company.
Wayflyer has raised $236.0M across 3 funding rounds.
Key people at Wayflyer.
Wayflyer has raised $236.0M in total across 3 funding rounds.
Wayflyer is a fintech company providing revenue-based financing and growth insights to e-commerce and SMBs, using real-time data analysis to deliver fast, flexible capital without personal guarantees or spend restrictions.[1][2][3][6] Founded in 2019 in Dublin, Ireland, it has deployed over $5 billion to more than 5,000 businesses across 11 countries, expanded beyond e-commerce into wholesale and omnichannel brands, and achieved unicorn status with rapid growth, including 900% expansion from 2020-2021.[2][3][5] It serves ambitious consumer brands and SMBs facing traditional lending barriers, solving cash flow gaps for inventory, marketing, and scaling while offering analytics for optimization.[1][2][6]
Wayflyer was founded in 2019 by Aidan Corbett and Jack Pierse in Dublin, Ireland, to address financing hurdles for e-commerce businesses reliant on advertising and non-recurring revenue, bypassing rigid bank loans with revenue-based alternatives.[1][3] The idea emerged from spotting a gap in quick, data-driven funding for tech and online sellers; early traction came via customer-centric CRM adoption for scalability, leading to thousands of sign-ups.[5] Pivotal moments include a $76M Series A in 2021 led by Left Lane Capital, $150M Series B in 2022 from DST Global (hitting unicorn status), and debt facilities like $300M from JP Morgan, fueling global client growth to 1,500+ by late 2022 and €62.5M revenue in 2023.[3]
Wayflyer rides the e-commerce and SMB financing boom, fueled by digital sales growth, omnichannel shifts, and demand for non-dilutive capital amid high interest rates.[1][2][3] Its timing aligns with post-2020 online retail surges and inventory challenges, expanding from e-com to wholesale/Amazon by 2024-2025 to capture broader SMB needs in a $100B+ alternative lending market.[2] Market forces like real-time data availability and fintech deregulation favor its model, influencing the ecosystem by enabling 5,000+ brands to scale (e.g., True Classic, Ghost Golf), reducing bank dominance, and setting standards for speed in consumer brand funding.[2][6] As Ireland's fastest-growing tech firm by Nov 2024, it boosts local innovation alongside peers like Stripe.[3]
Wayflyer is poised for further global expansion, leveraging its $5B deployment track record and new verticals to target underserved SMBs amid economic recovery.[2][3] Trends like AI-driven underwriting, omnichannel retail, and embedded finance will accelerate its growth, potentially doubling clients as e-com rebounds. Its influence may evolve into a full-stack growth platform, blending capital with deeper analytics, solidifying its role as a go-to for ambitious brands unlocking potential without traditional barriers.[1][2]
Key people at Wayflyer.
Wayflyer has raised $236.0M in total across 3 funding rounds.
Wayflyer's investors include Alkeon Capital, Coatue, DST Global, Hambro Perks, High Alpha, Left Lane Capital, Lightspeed Venture Partners, OMERS Ventures, Prosus Ventures, QED Investors, Y Combinator, Sam Altman.
Wayflyer has raised $236.0M across 3 funding rounds. Most recently, it raised $150.0M Series B in January 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $150.0M Series B | Alkeon Capital, Coatue, DST Global, Hambro Perks, High Alpha, Left Lane Capital, Lightspeed Venture Partners, OMERS Ventures, Prosus Ventures, QED Investors, Y Combinator, Sam Altman, Zhong Xu | |
| May 1, 2021 | $76.0M Series A | Coatue, Hambro Perks, Left Lane Capital, QED Investors | |
| Oct 1, 2020 | $10.0M Seed | Hambro Perks, QED Investors |
