Wise
Signal active
Investment Firm
Overview
Wise provides a core money transfer product, along with a borderless account for its audience of ex-pats, freelancers, and travelers, which holds over £2 billion in current deposits.
The company features like automated identification verification, online and in-app technical assistance, and estimations of when money transfers will arrive, products and services that meet the needs of clients.
Wise was established in 2011 by Kristo Kaarmann and Taavet Hinrikus in London, England.
Highlights
Founded
2011
Industry
Financial Services
Employees
1001-5000
Investment
5
Lead Investment
3
Exits
undefined
Stages
Early Stage Venture
Investor Type
N/A
Location
Europe
Contact Information
Social
Profile Resume
Wise, established in 2011 and headquartered in Europe., specializes in Early Stage Venture investments across Software, Digital Marketing, E-Commerce, Marketplace, Legal Tech, Education, E-Learning, Personal Development, SaaS, CRM. Their recent investments include SOCDGM, Socioswap, 99math, Pipedrive, Flyer One Ventures. The highest investment round they participated in was $1.5B. Among their most notable exits are SOCDGM and Socioswap. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.
Investment portfolio
Wise has made 5 investments. Their most recent investment was on Feb 07, 2023, when SOCDGM raised $900.0K.
investments
5
Diversity investments
0
Lead investments
3
Number of exits
undefined
Investments
5
| Annouced Date | Organization Name | Industry | Money Raised |
|---|---|---|---|
| Feb 04, 2021 | Socioswap | E-Commerce | 500.0K |
| Aug 02, 2021 | 99math | Education | 1.0M |
| Jan 03, 2022 | SOCDGM | Software | 1.4M |
| Feb 07, 2023 | SOCDGM | Software | 900.0K |
Exits
0
Funding Timeline
Funding rounds
5
Investors
39
Funds
0
Funding Rounds
5
Wise has raised 5 rounds. Their latest funding was raised on Feb 07, 2023 from a Debt Financing - SOCEW round.
| Annouced Date | Transaction Name | Number of Investors | Money Raised | Lead Investor |
|---|---|---|---|---|
| Feb 04, 2021 | Funding Round - Socioswap | - | 500.0K | - |
| Aug 02, 2021 | Series A - 99math | - | 1.0M | - |
| Jan 03, 2022 | Debt Financing - SOCEW | - | 1.4M | - |
| Feb 07, 2023 | Debt Financing - SOCEW | - | 900.0K | - |
Investors
57
Wise is funded by 57 investor(s). Silicon Valley Bank UK and Silicon Valley Bank UK Kantor are the most recent investors.
| Investor Name | Lead Investor | Funding Round | Money Raised |
|---|---|---|---|
LocalGlobe | No | Secondary Market - Wise | 319.0M |
Fidelity | No | Secondary Market - Wise | 319.0M |
Silicon Valley Bank UK | Yes | Debt Financing - Wise | 226.9M |
Silicon Valley Bank UK | Yes | Post-IPO Debt - Wise | 346.9M |
Fund raised
2
Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.
| Annouced Date | Fund Name | Money Raised |
|---|---|---|
| May 10, 2013 | OTPPLESS | 1.0M |
| May 11, 2013 | OTPPLESS | 1.0M |
Invest in industries
Recent Activity
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