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Weever

203 Macnab St S, Hamilton, Ontario, L8P 3C8, Canada

Overview

Weever Apps develops cloud-based workplace applications that digitize workflows to reduce paper and improve operations across maintenance, safety, quality, training and HR. Its recently launched Process Manager software includes audit trails and data-integrity measures designed to support compliance with the Canadian Food Inspection Agency, U.S. Food and Drug Administration, and European Medicines Agency. The company targets food and drug manufacturers and cites enterprise customers such as Kellogg’s, Georgia-Pacific, Unilever, and Xerox. Weever has been transitioning its business model from project-oriented revenue to a SaaS offering and used prior financing to support that change. The new funding will be used to commercialize Process Manager and to build out a sales team that the company anticipates will total five people. Founded in 2011 and based in Hamilton, the company has previously closed an undisclosed angel round and raised earlier equity from investors. Weever Apps provides electronic forms and process/inspection software to replace paper workflows on factory floors. Its offerings include a maintenance manager that tracks machine safety concerns and tools for tracking employee work activity. The company is Hamilton-based and sells to manufacturers. It plans to use new funding to complete a transition from project-oriented revenue to a SaaS model. Prior to this round the company raised an undisclosed angel investment. The firm closed a $900,000 equity investment to support that transition.

Total raised
$129M
Funding rounds
5
Latest round
Equity
Latest activity
Jul 2019

Industries

  • Apps
  • Internet
  • Mobile
  • SaaS
  • Software
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Recent funding

  1. Equity

    Jul 2019

    $125M

  2. Equity

    Sep 2018

    $1M

Team