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Valuation

$3.3M

2024 Revenue

$1.2M(Est.)

Funding

$1.3M

Team

9

Founded

2013

weffect Revenue, Valuation & Funding (2024)

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.

weffect Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$250K$500K$750K$1M$1.3M2013201520172019202120232024$0$649.9K$1.2MSource: GetLatka.com
YearMilestoneSource
2024weffect Hit $1.2m revenue in October 2024Estimated
2023weffect Hit $889k revenue in December 2023Estimated
2021weffect Hit $649.9k revenue in April 2021
2013Launched with $0 revenue

weffect Valuation, Funding Rounds

weffect reached a $3.3M valuation in 2018, set during its Seed Round round.

weffect has raised $1.3M in total funding across 2 rounds, most recently a $757.9K Series A round in 2019.

weffect Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$750K$300K$1.5M$600K$2.3M$900K$3M$1.2M$3.8M$1.5M2013201420152016201720182019$3.3MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2019Series A$757.9K--
2018Seed Round$577.8K$3.3M17%

Founder / CEO

Michael Girstmair

CEO

Michael Girstmair is listed as CEO at weffect.

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Customers

We do not have customer count information for weffect yet.

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.

weffect Team GrowthReported headcount over time024681020132015201720192021202320240099Source: GetLatka.com
YearMilestoneSource
2024Reached 9 employees (October 2024)
2023Reached 8 employees (December 2023)
2022Reached 8 employees (December 2022)
2021Reached 7 employees (December 2021)
2021Reached 8 employees (April 2021)

Frequently Asked Questions about weffect

What is weffect's revenue?

weffect generates an estimated $1.2M in annual revenue.

Who founded weffect?

weffect was founded by Michael Girstmair.

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?

weffect has 9 employees.

Where is weffect headquarters?

weffect is headquartered in Wien, 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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weffect Revenue 2024: $1.2M Est. ARR, $3.3M Valuation