Weaveworks
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | 2.3m | 3.5m | 3.5m |
% growth | 151 % | 1691 % | 489 % | 7 % | 575 % | 52 % | - |
EBITDA | (3.9m) | (4.9m) | (4.6m) | - | (8.2m) | - | - |
% EBITDA margin | (126760 %) | (8994 %) | (1428 %) | - | (352 %) | - | - |
Profit | (4.2m) | (5.4m) | (4.8m) | - | (7.6m) | - | - |
% profit margin | (137284 %) | (9867 %) | (1491 %) | - | (326 %) | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.0m | Series A | ||
$15.0m | Series B | ||
$36.7m | Series C | ||
Total Funding | $56.7m |
Related Content
Recent News about Weaveworks
EditWeaveworks is a tech startup that provides comprehensive support for the open-source cloud native toolkit, specifically targeting DevOps and Kubernetes teams. The company's main product, Weave GitOps, is designed to deliver production-ready confidence for these teams, enabling them to operate faster, safer, and more reliably at any scale. This is achieved through automated Kubernetes, a system used for automating deployment, scaling, and management of containerized applications.
Weaveworks operates in the cloud computing market, serving clients across various sectors, including banking and finance. Some of their notable clients include HSBC, Caseware, Curve, and National Australia Bank. The company has also established strategic partnerships with major tech companies like AWS since 2019, further expanding its reach and credibility in the market.
The company's business model revolves around providing software subscriptions and expert consulting to accelerate their clients' cloud native success. They offer a product called Weaveworks Accelerator, which includes 12 months of software subscription and 4 weeks of expert consulting. This service is designed to help clients build a well-architected Kubernetes platform, enabling them to operate workloads across multiple environments.
Weaveworks generates revenue through these software subscriptions and consulting services. They also make money by offering their products on various marketplaces, such as the Azure marketplace.
Keywords: Weaveworks, GitOps, Kubernetes, DevOps, Cloud Computing, Software Subscription, Expert Consulting, AWS, Azure Marketplace, Banking and Finance.