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How Wafeq وافِق grew Wafeq وافِق to $12.1M revenue with a 83 person team in 2025.

Wafeq is a modern, easy-to-use software that powers every finance-related need of small to medium businesses in the Middle East, providing a cloud-based accounting and e-invoicing platform.

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Wafeq وافِق Revenue

In 2025, Wafeq وافِق's revenue reached $12.1M. Since its launch in 2019, Wafeq وافِق has shown consistent revenue growth.

Wafeq وافِق Revenue GrowthReported revenue / ARR by year$0$3M$6M$9M$12M$15M2019202020212022202320242025$0$12MSource: GetLatka.com
YearMilestone
2025Wafeq وافِق Hit $12.1m revenue in September 2025
2019Launched with $0 revenue

Wafeq وافِق Valuation, Funding Rounds

Wafeq وافِق's most recent disclosed valuation is $36.3M.

Wafeq وافِق is a bootstrapped Financial Services Software startup. Founded in 2019, Wafeq وافِق has grown to $12.1M in revenue without raising any venture capital or outside funding.

As a self-funded Financial Services Software SaaS company, Wafeq وافِق has built its business with no outside investment.

Wafeq وافِق Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120192019 cumulative: $0 • 2019 Founded: $02019 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Wafeq وافِق Employees & Team Size

Wafeq وافِق employs approximately 83 people as of 2026.

Wafeq وافِق has 83 total employees in different roles and functions.

Wafeq وافِق Team GrowthReported headcount over time0204060801002019202020212022202320242025008383Source: GetLatka.com
YearMilestone
2025Reached 83 employees (September 2025)

Customers

We do not have customer count information for Wafeq وافِق yet.

Frequently Asked Questions about Wafeq وافِق

What is Wafeq وافِق's revenue?

Wafeq وافِق generates $12.1M in revenue.

How much funding does Wafeq وافِق have?

Wafeq وافِق raised $0.

How many employees does Wafeq وافِق have?

Wafeq وافِق has 83 employees.

Where is Wafeq وافِق headquarters?

Wafeq وافِق is headquartered in Dubai, Dubai, United Arab Emirates.

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Compare Wafeq وافِق to the industry

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

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 .

Wafeq وافِق Revenue 2025: $12.1M ARR, $36.3M Valuation