2024 Revenue
$10M
Customers
500
Funding
$29.5M
YOY
321%
Avg ACV
$20K
Team
18
Founded
2015
How Qwil CEO Johnny Reinsch grew Qwil to $10M revenue and 500 customers in 2024.
Provider of liquidity as a service to the ecosystems where freelancers and SMBs find and get paid for work. The company partners with leading freelancer marketplaces, talent networks, vendor management solutions, and payment platforms.
Last updated
Qwil Revenue
In 2024, Qwil's revenue reached $10M. The company previously reported $2.9M in 2024. Since its launch in 2015, Qwil has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Qwil Hit $10m revenue in November 2024Source |
| 2024 | Qwil Hit $2.9m revenue in October 2024 |
| 2023 | Qwil Hit $2.4m revenue in December 2023 |
| 2021 | Qwil Hit $2.9m revenue in April 2021 |
| 2015 | Launched with $0 revenue |
Qwil Valuation, Funding Rounds
Qwil has not publicly disclosed its valuation. The company has raised $29.5M in total funding to date.
Qwil has raised $29.5M in total funding across 3 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $24.4M | - | - |
| 2018 | Funding round | $5M | - | - |
| 2015 | Funding round | $125K | - | - |
Qwil Employees & Team Size
Qwil employs approximately 18 people as of 2026.
Qwil has 18 total employees in different roles and functions and 2 sales reps that carry a quota. They have 500 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 18 employees (October 2024) |
| 2023 | Reached 18 employees (December 2023) |
| 2022 | Reached 17 employees (December 2022) |
| 2021 | Reached 26 employees (December 2021) |
| 2021 | Reached 35 employees (April 2021) |
Founder / CEO
Johnny Reinsch
We empower freelancers with access to their cash early and do this by advancing amounts earned ahead of the pay cycle - a perk that increases both workforce recruitment and retention without any impact on the company or marketplace’s cash flow.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Qwil acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Qwil
What is Qwil's revenue?
Qwil generates $10M in revenue.
Who founded Qwil?
Qwil was founded by Johnny Reinsch.
Who is the CEO of Qwil?
The CEO of Qwil is Johnny Reinsch.
How much funding does Qwil have?
Qwil raised $29.5M.
How many employees does Qwil have?
Qwil has 18 employees.
Where is Qwil headquarters?
Qwil is headquartered in Orlando, Florida, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .