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.
Website
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 |
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% |
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 |
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 |
TransferWise Executive Team (15)
8 Former Executives
You’re viewing 5 of 15 executives. Get the full list »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 »