WeTransfer B.V. Asset Profile

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Year established

2009

Location

Amsterdam Netherlands

Primary Industry

Software

About

Based in Amsterdam, Netherlands, and founded in 2009, WeTransfer B.V. is a file-sharing tool where users can send up to 20 GB and can add their own branding to every transferred file. The company has acquired two companies namely Present Plus in 2016 and FiftyThree in 2018. The most recent investors of the company were Highland Europe and HPE Growth. The company has a primary office in Amsterdam, Netherlands, and has a branch in Los Angeles, U.S.A. Aside from the file-sharing tool, ("WeTransfer"), the company also provides an online magazine ("WePresent"); a tool that lets you store, organize, share and receive content from multiple sources ( "Collect"); a tool that lets you capture your ideas through sketches, notes and images ("Paper"); a tool that lets you present your ideas (“Paste”); and other features and functionalities. The company also donates 30% of its advertising space to artists and causes that they admire and support. The company's revenue is generated by advertising income that runs alongside its free service, and from its premium product, a service that costs €10 ($11) per month and lets users customize their URLs, send files of up to 10GB online. Advertisers and customers include Google Chrome, Shutterstock, G-Star Raw, Vodafone, and Qatar Airlines.

Current Investors

Bending Spoons S.p.A., Highland Europe

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Primary Industry

Software

Sub Industries

Storage Management Software

Website

www.wetransfer.com

Verticals

Cloud Computing, Mobile Apps

Company Stage

Add-on

Total Amount Raised

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Timeline of Key Events

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Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2018

37,814,000

(3,058,000)

(8.1%)

(2,368,000)

(6.3%)

(2,936,000)

(7.8%)

31 Dec 2019

31 Dec 2020

31 Dec 2021

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Employee Data

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