How Much Did Weee Raise?
Funding & Key Investors

Weee, the California-based leader in ethnic grocery delivery, has successfully navigated multiple rounds of capital infusion to solidify its market position. With a cumulative total funding amount of $842.9M, the company has demonstrated a robust growth trajectory, culminating in a recent funding amount of $425M to accelerate its operational footprint. This strategic investment underscores the firm's ability to scale within the competitive landscape of social commerce and specialized retail.

What is Weee?

Weee
RetailGrocery Retail

Founded in 2015, Weee operates as a sophisticated online grocery delivery platform, bridging the gap between supply and demand for Hispanic and Asian specialty products. By integrating social commerce elements with a streamlined logistics network, the company has effectively captured a niche yet high-growth segment of the retail market. Weee serves as a critical infrastructure provider for everyday staples, leveraging data-driven insights to optimize its supply chain and enhance the consumer experience in the United States.

The company's evolution from a niche startup to a major enterprise-level player reflects its successful execution of a multi-faceted growth strategy. By focusing on high-demand specialty goods, Weee has established a defensible moat, distinguishing itself from traditional broad-market grocery delivery services through superior product curation and community-centric engagement.

How much funding has Weee raised?

Weee has raised a total of $842.9M across 7 funding rounds:

2016

Private Equity

$6M

2017

Private Equity

$1.1M

2019

Series A

$10.8M

2020

Series B

$50M

Series C

$35M

2021

Series D

$315M

2022

Series E

$425M

Private Equity (2016): $6M, investors not publicly disclosed

Private Equity (2017): $1.1M, investors not publicly disclosed

Series A (2019): $10.8M supported by Goodwater Capital and iFly.vc

Series B (2020): $50M featuring XVC, Lightspeed Ventures, Goodwater Capital, Silicon Valley Bank, iFly.vc, and VMG

Series C (2020): $35M backed by DST Global

Series D (2021): $315M with participation from DST Global company, The Blackstone Group Inc., and Tiger Global Ltd

Series E (2022): $425M led by Greyhound Capital and Softbank Vision Fund

Key Investors in Weee

Softbank Vision Fund

A global investment fund that supports founders in building market-leading companies through its extensive ecosystem and capital resources, with a specific focus on the transformative power of technology.

DST Global

One of the largest investment groups globally to exclusively focus on the Internet and Internet-related companies, partnering with market leaders to realize their full potential.

Goodwater Capital

A consumer tech investment firm that empowers exceptional entrepreneurs to create positive change, focusing on innovative companies across sectors including retail and financial services.

What's next for Weee?

Looking ahead, the recent capital injection positions Weee to further penetrate the North American market and refine its technological infrastructure. As the company transitions into a more mature lifecycle stage, the focus will likely shift toward operational efficiency, expanding its geographic reach, and deepening its integration of AI-driven demand forecasting. The backing from global institutional investors suggests a long-term commitment to scaling the platform's social commerce capabilities, potentially setting the stage for future market consolidation or public market readiness.

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Frequently Asked Questions Regarding Weee Financial Insights

What are the most recent funding rounds that Weee has completed, and what were the funding rounds?
Weee has recently completed 3 funding rounds: Series E on Feb 28, 2022, Series D on Mar 18, 2021, Series C on Aug 17, 2020.
What is the total amount of funding Weee has raised to date?
Weee has raised a total of $842.9M in funding to date.
How many funding rounds has Weee completed?
Weee has completed 3 funding rounds.
How much funding did Weee raise in its most recent funding round?
Weee raised $425M in its most recent funding round.
Who are the lead investors in Weee's latest funding round?
The lead investor in Weee's latest funding round was Greyhound Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Weee's history?
The largest funding round in Weee's history was $425M.
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