Valuation
$3.3M
2024 Revenue
$1.2M
Funding
$1.3M
YOY
29.6%
Team
9
Founded
2013
How weffect CEO Michael Girstmair grew weffect to $1.2M revenue with a 9 person team in 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.
| Year | Milestone |
|---|---|
| 2024 | weffect Hit $1.2m revenue in October 2024 |
| 2023 | weffect Hit $889k revenue in December 2023 |
| 2021 | weffect Hit $649.9k revenue in April 2021 |
| 2013 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Series A | $757.9K | - | - |
| 2018 | Seed Round | $577.8K | $3.3M | 17% |
weffect Employees & Team Size
weffect employs approximately 9 people as of 2026, up from 8 in 2023.
weffect has 9 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 9 employees (October 2024) |
| 2023 | Reached 8 employees (December 2023) |
| 2022 | Reached 8 employees (December 2022) |
| 2021 | Reached 7 employees (December 2021) |
| 2021 | Reached 8 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for weffect yet.
Frequently Asked Questions about weffect
What is weffect's revenue?
weffect generates $1.2M in 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.
How many employees does weffect have?
weffect has 9 employees.
Where is weffect headquarters?
weffect is headquartered in Wien, Austria.
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Compare weffect to the industry
weffect operates across multiple industries. Browse revenue, funding, and growth data for weffect 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 .