2024 Revenue
$9M
Customers
50K
Funding
$1.5M
YOY
153.1%
Avg ACV
$180
Team
33
Founded
2014
How waylay CEO Leonard Donnelly grew waylay to $9M revenue and 50K customers in 2024.
Developer of an IoT middleware platform designed to connect IoT services to IT systems and cloud applications. The company's platform offers to break down silos by connecting devices with applications and online services to make business decisions based on real-time sensor information via real-time automation and notifications in energy, logistics, online retail and smart city projects, enabling clients to make automation and integration faster, smarter and more scalable.
Last updated
waylay Revenue
In 2024, waylay's revenue reached $9M. The company previously reported $5.4M in 2024. Since its launch in 2014, waylay has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | waylay Hit $9m revenue in November 2024 | |
| 2024 | waylay Hit $5.4m revenue in October 2024 | |
| 2023 | waylay Hit $3.6m revenue in December 2023 | |
| 2021 | waylay Hit $3.2m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
waylay Valuation, Funding Rounds
waylay has not publicly disclosed its valuation. The company has raised $1.5M in total funding to date.
waylay has raised $1.5M in total funding across 1 round, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2017 | Funding round | $1.5M | - | - |
Founder / CEO
Leonard Donnelly
A career spanning 28 years in Cybersecurity, AI, Deeptech, Cloud, PowerGrids, Telecoms & Investment Banking from start-ups to multinationals. Executive, Non Executive & Public Board Roles. Five Next Generation Technology Product Builds & Market Entry Strategies with a combined product engineering investment level of $400m.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
waylay serves 50K customers.
waylay Employees & Team Size
waylay employs approximately 33 people as of 2026, down from 35 in 2023. It serves 50K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 33 employees (December 2024) |
| 2024 | Reached 33 employees (October 2024) |
| 2023 | Reached 35 employees (December 2023) |
| 2022 | Reached 36 employees (December 2022) |
| 2021 | Reached 38 employees (December 2021) |
| 2021 | Reached 38 employees (April 2021) |
Frequently Asked Questions about waylay
What is waylay's revenue?
waylay generates $9M in revenue.
Who founded waylay?
waylay was founded by Leonard Donnelly.
Who is the CEO of waylay?
The CEO of waylay is Leonard Donnelly.
How much funding does waylay have?
waylay raised $1.5M.
How many employees does waylay have?
waylay has 33 employees.
Where is waylay headquarters?
waylay is headquartered in Ghent, Belgium.
Compare waylay to the industry
waylay operates across multiple industries. Browse revenue, funding, and growth data for waylay 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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