Qwil
FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 19/01/2021
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About
Instant liquidity for #smallbusinesses, #contractors, #entrepreneurs and #freelancers. #SmallBiz booster. Social good #fintech.
MEDICI Analysis
Qwil is a B2B platform that helps independent contractors to get paid. Qwil aims to make the independent contractor lifestyle as good as or better than that of the traditional full-time employee’s.
Focus
PRODUCTS & SERVICES
Qwil app -Instant pay for independent contractors
REVENUE MODEL
Qwil collects a small transaction fee as a percentage of the total amount of cashed out business earnings.
MAIN CLIENTS
Enterprises
People
FOUNDERS
Trevor Branon
Paul Tiplady
Johnny Reinsch
NUMBER OF EMPLOYEES
11-50
INVESTORS:
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
6
TOTAL FUNDING
$29.53 M
DATE OF LAST FUNDING
Dec 2019
IPO STATUS
Private
TOTAL FUNDING COMMENT
The company is planning to use the fund to hire engineers, expand sales and marketing, and to address regulatory compliance(April 2018).
ESTIMETED REVENUE RANGE
$10M to $50M
SEED & PRIOR FUNDING
$125 K
SEED CLOSED ON
Jun 2016
FUNDING SERIES
SERIES A · $5 M · Apr 2018
SERIES B · $24.4 M · Dec 2019
DEBT FUNDING
$200 M
LISTED
NO
COMMENT
Debt financing: $102 M(April 2018)
company provided insights
Web Traffic
MONTHLY VISITS
20,094
AVERAGE VISITS (6 MONTHS)
28,811.81
MONTHLY VISITS GROWTH
29.12%
VISIT DURATION
269
VISIT DURATION GROWTH
78.76%
PAGE VIEWS VISIT
4.83
PAGE VIEWS VISIT GROWTH
-4.47%
BOUNCE RATE
27.25%
BOUNCE RATE GROWTH
16.13%
GLOBAL TRAFFIC RANK
749,249
MONTHLY RANK CHANGE
-366,084
MONTHLY RANK GROWTH
-32.82%
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