Valuation
$69.6M
2021 Revenue
$23.2M
Customers
90
Funding
$0
Avg ACV
$257.7K
Team
604
Founded
1996
How W3net CEO Felipe Azevedo grew to $23.2M revenue and 90 customers in 2021.
Developer of human capital management software. The company develops software for payroll, recruitment, employee relations, benefits, resignation and employee grievances.
Last updated
W3net Revenue
In 2021, W3net's revenue reached $23.2M. Since its launch in 1996, W3net has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | W3net Hit $23.2m revenue in April 2021 | |
| 1996 | Launched with $0 revenue |
W3net Valuation, Funding Rounds
W3net's most recent disclosed valuation is $69.6M.
W3net is a bootstrapped HRMS & HCM Software startup. Founded in 1996, W3net has grown to $23.2M in revenue without raising any venture capital or outside funding.
As a self-funded HRMS & HCM Software SaaS company, W3net has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
W3net serves 90 customers.
W3net Employees & Team Size
W3net employs approximately 604 people as of 2026. It serves 90 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 604 employees (April 2021) |
Frequently Asked Questions about W3net
What is W3net's revenue?
W3net generates $23.2M in revenue.
Who founded W3net?
W3net was founded by Felipe Azevedo.
Who is the CEO of W3net?
The CEO of W3net is Felipe Azevedo.
How much funding does W3net have?
W3net raised $0.
How many employees does W3net have?
W3net has 604 employees.
Where is W3net headquarters?
W3net is headquartered in Goiás, Goias, Brazil.
Compare W3net to the industry
W3net operates across multiple industries. Browse revenue, funding, and growth data for W3net 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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