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Valuation

$24.1M

2024 Revenue

$2.8M

Customers

2K

Funding

$1.2M

YOY

75.8%

Avg ACV

$1.4K

Team

10

Founded

2017

How Qwil Messenger CEO Peter Reading grew to $2.8M revenue and 2K customers in 2024.

Developer of a B2C instant messaging platform. The company's single chat application allows its users to sign-up and deploy a GDPR compliant, secure channel to chat, transact and share documents within minutes, it also lets its users determine who they can speak to whilst benefiting from a full audit trail of conversations, thereby, enabling clients of multiple firms to safely engage with their staff representatives within a branded space, fully controlled and coordinated by each firm.

Last updated

Qwil Messenger Revenue

In 2024, Qwil Messenger's revenue reached $2.8M. The company previously reported $1.6M in 2023. Since its launch in 2017, Qwil Messenger has shown consistent revenue growth.

Qwil Messenger Revenue GrowthReported revenue / ARR over time$0$600K$1.2M$1.8M$2.4M$3M20172018201920202021202220232024$0$1M$1.6M$2.8MSource: GetLatka.com
YearMilestoneQuote
2024Qwil Messenger Hit $2.8m revenue in October 2024
2023Qwil Messenger Hit $1.6m revenue in December 2023
2021Qwil Messenger Hit $1m revenue in April 2021
2017Launched with $0 revenue

Qwil Messenger Valuation, Funding Rounds

Qwil Messenger reached a $24.1M valuation in 2019, set during its Seed Round round.

Qwil Messenger has raised $1.2M in total funding across 1 round, most recently a $1.2M Seed Round round in 2019.

Qwil Messenger Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$6M$300K$12M$600K$18M$900K$24M$1.2M$30M$1.5M201720182019$24.1MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Seed Round$1.2M$24.1M5%

Founder / CEO

Peter Reading

CEO

Peter Reading is listed as CEO at Qwil Messenger.

Q&A

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Customers

Qwil Messenger serves 2K customers.

Qwil Messenger Employees & Team Size

Qwil Messenger employs approximately 10 people as of 2026, down from 14 in 2023. It serves 2K customers that rely on its solutions.

Qwil Messenger Team GrowthReported headcount over time04812162020172018201920202021202220232024001010Source: GetLatka.com
YearMilestone
2024Reached 10 employees (October 2024)
2023Reached 14 employees (December 2023)
2023Reached 17 employees (December 2023)
2022Reached 12 employees (December 2022)
2022Reached 16 employees (December 2022)
2021Reached 13 employees (December 2021)
2021Reached 12 employees (April 2021)

Frequently Asked Questions about Qwil Messenger

What is Qwil Messenger's revenue?

Qwil Messenger generates an estimated $2.8M in annual revenue.

Who founded Qwil Messenger?

Qwil Messenger was founded by Peter Reading.

Who is the CEO of Qwil Messenger?

The CEO of Qwil Messenger is Peter Reading.

How much funding does Qwil Messenger have?

Qwil Messenger raised $1.2M across 1 round.

How many employees does Qwil Messenger have?

Qwil Messenger has 10 employees.

Where is Qwil Messenger headquarters?

Qwil Messenger is headquartered in London, England, United Kingdom.

Compare Qwil Messenger to the industry

Qwil Messenger operates across multiple industries. Browse revenue, funding, and growth data for Qwil Messenger in each sector below.

Data and Sources

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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Qwil Messenger Revenue 2024: $2.8M ARR, $24.1M Valuation