Valuation · 2018
$3.3M
2024 Revenue
$1.2M(Est.)
Funding
$1.3M
Team
9
Founded
2013
weffect Revenue, Valuation & Funding (2024)
weffect generated an estimated $1.2M in annual revenue in 2024. Source: GetLatka estimate
weffect is an employee mobilization app that helps companies make their strategies, corporate values, and mission statements relevant in the daily work of their employees.
weffect supports companies to mobilize their employees, keep their concepts present, create awareness, build up a new mindset of personal influence, and inspire employees to contribute with personal actions.
Higher engagement, higher motivation, higher participation, and an additional plus in earnings are the key benefits for companies. Practical inspiration, higher transparency and visibility, and recognition are the key benefits for employees.
weffect is a brand of Stratact GmbH, an employee engagement services company.
Last updated
weffect Revenue
In 2024, weffect's revenue reached $1.2M. The company previously reported $889K in 2023. Since its launch in 2013, weffect has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | weffect Hit $1.2m revenue in October 2024 | Estimated |
| 2023 | weffect Hit $889k revenue in December 2023 | Estimated |
| 2021 | weffect Hit $649.9k revenue in April 2021 | Not recorded |
| 2013 | Launched with $0 revenue |
weffect Valuation, Funding Rounds
weffect reached a $3.3M valuation in 2018, set during its Seed round.
weffect has raised $1.3M in total funding across 2 rounds, most recently a $757.9K Series A round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Series A | $757.9K | - | - | Not recorded |
| 2018 | Seed | $577.8K | $3.3M | 17% | Not recorded |
Founder / CEO
weffect Employees & Team Size
weffect employs approximately 9 people as of 2026, up from 8 in 2023, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 9 employees (October 2024) | Not recorded |
| 2023 | Reached 8 employees (December 2023) | Not recorded |
| 2022 | Reached 8 employees (December 2022) | Not recorded |
| 2021 | Reached 7 employees (December 2021) | Not recorded |
| 2021 | Reached 8 employees (April 2021) | Not recorded |
Frequently Asked Questions about weffect
What is weffect's revenue?
As of 2024, weffect generated an estimated $1.2M in annual revenue.
What is weffect's valuation?
As of 2018, weffect was valued at $3.3M.
Who founded weffect?
weffect was founded by Michael Girstmair.
When was weffect founded?
weffect was founded in 2013.
Who is the CEO of weffect?
The CEO of weffect is Michael Girstmair.
How much funding does weffect have?
weffect raised $1.3M across 2 rounds.
How many employees does weffect have?
As of 2024, weffect had 9 employees.
Where is weffect headquartered?
weffect is headquartered in Vienna, Austria.
Compare weffect to the industry
weffect operates across multiple industries. Browse revenue, funding, and growth data for weffect 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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