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TransferWise

TransferWise
2011 FOUNDED
PRIVATE STATUS
1K-5K EMPLOYEES
2ndary - Private LATEST DEAL TYPE
$292M LATEST DEAL AMOUNT
48 INVESTORS
Description

Developer of money transferring platform designed to send money abroad. The company's platform removes all the hidden expensive charges levied on transfer of money to offer real-time exchange rates and allows to track transferred money through its mobile applications, enabling people to send money abroad at the lowest possible true cost.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Application Software
Primary Office
  • Tea Building, 56 Shoreditch High Street
  • 6th Floor
  • London E1 6JJ
  • England, United Kingdom
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TransferWise Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Secondary Transaction - Private 21-May-2019 $292M 00000 00.00 Completed Profitable
8. Later Stage VC (Series E) 01-Nov-2017 00000 00000 00.00 Completed Profitable
7. Secondary Transaction - Private 25-Oct-2017 00000 Completed Generating Revenue/Not Profitable
6. Later Stage VC (Series D) 25-May-2016 0000 00000 00.00 Completed Generating Revenue/Not Profitable
5. Later Stage VC (Series C) 26-Jan-2015 000.00 000.00 00000 Completed Generating Revenue/Not Profitable
4. Accelerator/Incubator 08-Jan-2015 000.00 Completed Generating Revenue/Not Profitable
3. Early Stage VC (Series B) 09-Jun-2014 0000 000.00 00000 Completed Generating Revenue/Not Profitable
2. Early Stage VC (Series A) 14-May-2013 $6M $7.33M 000.00 Completed Startup
1. Seed Round 17-Apr-2012 $1.33M $1.33M 00.000 Completed Startup
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TransferWise Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 000,000 00.000000 000.0 000.0 00 000.0 0.000
Ordinary 0,000 00.000000 00.00 00.00 00 00.00 0.000
Series C 0,000,000 00.000000 000.00 000.00 00 000.00 0.000
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A 6,785,000 $0.010000 $0.88 $0.88 1x $0.88 20.82%
Seed 5,014,000 $0.010000 $0.27 $0.27 1x $0.27 15.39%
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TransferWise Competitors (27)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Azimo Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
0000000000 Venture Capital-Backed London, United Kingdom 000 00000 00000000000 00000
0000000000 Venture Capital-Backed London, United Kingdom 00 0000 00000000000 0000
0000000 Venture Capital-Backed London, United Kingdom 000 00000 00000 00000
0000000000 000000 Private Equity-Backed London, United Kingdom 000 000000000000
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TransferWise Investors (48)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
BlackRock Asset Manager Minority 000 0000 000000 0
Lead Edge Capital Venture Capital Minority 000 0000 000000 0
Lone Pine Capital Hedge Fund Minority 000 0000 000000 0
Vitruvian Partners PE/Buyout Minority 000 0000 000000 0
Gebrüder Mende Family Office Minority 000 0000 000000 0
You’re viewing 5 of 48 investors. Get the full list »

TransferWise Executive Team (15)

Name Title Board
Seat
Contact
Info
Taavet Hinrikus Co-Founder & Chairman
Kristo Kaarmann Co-Founder, Board Member & Chief Executive Officer
Harsh Sinha Chief Technology Officer
Nilan Peiris Vice President, Growth
Joe Cross Head, Consumer Marketing and General Manager USA

8 Former Executives

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TransferWise Board Members (6)

Name Representing Role Since Contact
Info
Alastair Rampell Andreessen Horowitz Board Member 000 0000
Kristo Kaarmann TransferWise Co-Founder, Board Member & Chief Executive Officer 000 0000
Robin Klein Index Ventures (UK) Board Observer 000 0000
Roger Ehrenberg IA Ventures Board Member 000 0000
Taavet Hinrikus TransferWise Co-Founder & Chairman 000 0000

1 Former Board Member

You’re viewing 5 of 6 board members. Get the full list »