iwoca

company

About

Iwoca offers credit financing services for small businesses.

Details

Last Funding Type
Series A
Last Funding Money Raised
£5M
Industries
Finance,Financial Services,FinTech,Lending,Small and Medium Businesses
Founded date
Oct 1, 2011
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
iwoca Ltd.

Iwoca provides small business credit finance services in the United Kingdom. It offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities. It serves retailers, restaurants, hotels, service providers, and more.

Christoph Rieche and James Dear founded iwoca on October 1, 2011. iwoca's headquarters is located in London in the United Kingdom.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
14
£363M €100M $20M
iwoca has raised a total of £363M €100M $20M in funding over 2 rounds. Their latest funding was raised on Aug 3, 2020 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 3, 2020 Debt Financing £100M Detail
Feb 27, 2020 Debt Financing €100M 1 Insight Investment Detail
Aug 14, 2019 Grant £10M 1 Capability and Innovation Fund Detail
Feb 18, 2019 Series D £20M 3 Augmentum Fintech
Prime Ventures
Detail
Feb 18, 2019 Debt Financing £130M 1 NIBC Bank N.V. Detail

Investments

Number of Investments
Number of Lead Investments
3
0
iwoca has made 3 investments. Their most recent investment was on Nov 10, 2021, when Cheeze, Inc raised $1.80M.
Date Company Name
Round Money Raised Industry Lead Investor
Nov 10, 2021 Cheeze, Inc
Pre-seed $1.80M Apps
Nov 17, 2020 Levels
Seed $12M Biometrics
Jul 24, 2014 Fixed
Seed $1.20M Apps

Employee Profiles

Number of Employee Profiles
14
iwoca has 14 current employee profiles, including Board member Tim Levene
Board member
Executive
Board member
Board member
Executive