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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
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.
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 | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $24.4M | - | - | |
| 2018 | Funding round | $5M | - | - | |
| 2015 | Funding round | $125K | - | - |
CEO
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Qwil serves 500 customers.
Qwil employs approximately 18 people as of 2026, including 2 sales reps that carry a quota. It serves 500 customers that rely on its solutions.
Qwil generates $10M in revenue.
Qwil was founded by Johnny Reinsch.
The CEO of Qwil is Johnny Reinsch.
Qwil raised $29.5M across 3 rounds.
Qwil has 18 employees.
Qwil is headquartered in Orlando, Florida, United States.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$10M
Customers
500
Funding
$29.5M
Avg ACV
$20K
Team
18
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | Qwil Hit $10m revenue in November 2024 | visualvisitor.com |
| 2024 | Qwil Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | Qwil Hit $2.4m revenue in December 2023 | Estimated |
| 2021 | Qwil Hit $2.9m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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