Wahed Overview
- Year Founded
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2015
- Status
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Private
- Employees
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200
- Latest Deal Type
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Later Stage VC
- Investors
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17
Wahed General Information
Description
Operator of an ethics-driven investment platform intended to offer Muslims access to Islamic portfolio management. The company's values-driven digital investment platform uses a fully automated system and customized financial optimization algorithms to offer services to people who do not wish to deposit their money with traditional banks, and is structured through strict Islamic principles, enabling Muslims to feel confident that their investments are ethically sound.
Contact Information
Website
www.wahed.comCorporate Office
- 87-89 Baker Street
- London W1U 6RJ
- England, United Kingdom
Corporate Office
- 87-89 Baker Street
- London W1U 6RJ
- England, United Kingdom
Wahed Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC | Completed | Generating Revenue | ||||
| 6. Debt - General | 21-Nov-2024 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Later Stage VC (Series B) | 16-Jun-2022 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 19-Dec-2020 | Cancelled | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 21-Nov-2020 | $25M | $32M | Completed | Generating Revenue | |
| 1. Seed Round | 31-Oct-2017 | $7M | $7M | Completed | Startup |
Wahed Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| S1 | 334,821 | $0.010000 | $17.92 | $17.92 | 1x | $17.92 | 9.42% | |
| Seed | 150,000 | $0.010000 | $2 | $2 | 1x | $2 | 4.22% |
VC Exit Predictor
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Wahed Comparisons
Industry
Financing
Details
Wahed Competitors (16)
One of Wahed’s 16 competitors is Ginmon, a Venture Capital-Backed company based in Frankfurt, Germany.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ginmon | Venture Capital-Backed | Frankfurt, Germany | ||||
| Asia Wealth Platform | Venture Capital-Backed | Singapore, Singapore | ||||
| Wealthsimple | Venture Capital-Backed | Toronto, Canada | ||||
| AutoWealth | Private Equity-Backed | Singapore, Singapore | ||||
| Musaffa | Venture Capital-Backed | New York, NY |
Wahed Signals
Wahed Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Realm Capital Ventures | Venture Capital | Minority | ||
| Ventioneers Capital | Venture Capital | Minority | ||
| Innate Capital Partners | Venture Capital | Minority | ||
| Kamco Invest | Asset Manager | Minority |
Wahed Investments & Acquisitions (7)
Wahed’s most recent deal was a Seed Round with Mojo (Personal Products). The deal was made on 24-Apr-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Mojo (Personal Products) | 24-Apr-2024 | Seed Round | Personal Products | ||
| I Will Solicitors | 14-Feb-2023 | Merger/Acquisition | Legal Services (B2C) | ||
| True Wills | 14-Feb-2023 | Merger/Acquisition | Legal Services (B2C) | ||
| Yolla! | 01-Sep-2022 | Early Stage VC | Internet Retail | ||
| Imperium Drive | 20-Apr-2022 | Early Stage VC | Business/Productivity Software |
Wahed Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| True Wills | Milton Keynes, United Kingdom | 2020 | |
| I Will Solicitors | Birmingham, United Kingdom | 2007 | |
| Wahed Ventures (Cyprus) | Nicosia, Cyprus |
Wahed FAQs
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When was Wahed founded?
Wahed was founded in 2015.
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Where is Wahed headquartered?
Wahed is headquartered in London, United Kingdom.
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What is the size of Wahed?
Wahed has 200 total employees.
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What industry is Wahed in?
Wahed’s primary industry is Financial Software.
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Is Wahed a private or public company?
Wahed is a Private company.
-
What is Wahed’s current revenue?
The current revenue for Wahed is .
-
How much funding has Wahed raised over time?
Wahed has raised $82M.
-
Who are Wahed’s investors?
, Realm Capital Ventures, Ventioneers Capital, Innate Capital Partners, and Kamco Invest are 5 of 17 investors who have invested in Wahed.
-
Who are Wahed’s competitors?
Ginmon, Asia Wealth Platform, Wealthsimple, AutoWealth, and Musaffa are some of the 16 competitors of Wahed.
Data Transparency
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