Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Financing Startup Wayflyer Wins $10.2m Seed Funding

October 21, 2020

Wayflyer, a startup that connects e-commerce platforms with funding, is the recipient of a $10.2 million seed round. The backing, led by Washington, DC-based QED Investors, will help Wayflyer scale its product and develop its IP technology. The company already has offices in London, New York City, Dublin and Sydney.

Wayflyer provides revenue-based financing to e-commerce brands, and analytics to help companies see what models work. It has backed firms in gym software, fashion, dentistry, mobility and sport. Wayflyer claims that this seed round will help it become profitable by 2021.

“Since issuing our first advance in March of this year, we have helped over 100 businesses to exceed their revenue and growth goals with over $25m in total funding advanced and zero defaults,” said Wayflyer CEO and co-founder Aidan Corbett. “With the support of our investors, we’re building upon this winning formula in new markets and with new capabilities.

  • 
  • 
  • 
  • 

Filed Under: Enterprise, Finance, North America, Startups, Top Story

Related Articles

  • Broadband Startup Isotropic Systems Gets $42m Injection from Aerospace Heavyweights
  • Deaths and Self-immolation Prompts China Tech Hours Reckoning
  • GameStop Stock Fiasco Shows Need to Reframe Tech Employment Debate

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 North America

    November 2020 - California

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2021 · Red Herring Theme on Genesis Framework · WordPress · Log in