New York and London based eCommerce revenue-based financing and marketing analytics platform raised $10.2m in Seed funding led by QED Investors.
“Wayflyer’s purpose is to help eliminate the road blocks for eCommerce stores on their path to growth. Their success is our success. With this funding, we can expand our global footprint to support even more startups to grow their businesses and empower them to market more effectively,” said Aidan Corbett, Wayflyer’s CEO and co-founder. “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 $25 million in total funding advanced and zero defaults. This is undoubtedly due to the strength of Wayflyer’s technology and data, which allows us to invest in promising young companies that are shut out of mainstream financing options. With the support of our investors, we’re building upon this winning formula in new markets and with new capabilities.”