Wuolads S.L.
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Wuolads S.L. - overview
Established
2015
Location
Sevilla, -, Spain
Primary Industry
Internet
About
Wuolads S. L. is a Spanish educational technology company specializing in the provision of an online platform for sharing academic resources, enabling students to access study materials and enhance their exam preparation. Founded in 2015 in Sevilla, Spain, Wuolads S.
L. operates a platform for sharing academic resources tailored for students. The company has successfully engaged in 4 funding deals, with the most recent one occurring on February 23, 2022, when it raised EUR 5 million in funding led by Seaya Ventures, alongside Alter Capital. The total amount raised by the company to date stands at EUR 5 million.
The founders of the company include Francisco Benítez and Javier Fernández, with Jaime Rodríguez currently serving as CEO. Wuolah provides a platform that facilitates the sharing of academic resources, including notes, exercises, and solved exams, primarily targeting students preparing for selectivity exams in Spain. The core offerings enable users to access a wide array of educational materials that assist in academic success. Wuolah enhances learning by allowing students to upload and download study materials relevant to various subjects and educational levels, serving high school students, university students, and educators within Spain and Latin America.
In the most recent fiscal year, 2023, Wuolah reported revenue of EUR 1,499,203. 20, while its EBITDA for the same period was EUR -2,473,218. 40. The company generates revenue through a freemium model, allowing users to access basic content for free while offering premium features for a fee.
Transactions are structured around the provision of educational resources, with students purchasing or subscribing to curated exam preparation notes and exclusive solved exams. Following its latest funding round on February 23, 2022, Wuolads S. L. plans to utilize the EUR 5 million raised to continue reinventing educational approaches.
The company is focused on the development of new features and services aimed at enhancing user engagement and resource accessibility. Additionally, Wuolah intends to expand its market presence into new Spanish-speaking regions, particularly targeting Latin America, to broaden its reach by 2024.
Current Investors
SociosQ, Empresa Nacional de Innovacion, Lanzadera Accelerator
Primary Industry
Internet
Sub Industries
Education & Training Website, Social Networking & Communication Platform, Education & Training Software
Website
www.wuolah.com
Verticals
EdTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Wuolads S.L. - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,039.1 | 22,068.4 | 56,048.3 | 103,988.4 | 238,035.7 | 276,576.8 | - | - | - |
| % Revenue Growth (YoY) | - | 982.3% | 154.0% | 85.5% | 128.9% | 16.2% | - | - | - |
| EBITDA (USD) | 888.3 | (95,120.1) | (257,400.1) | (368,329.5) | (278,439.4) | (298,180.8) | - | - | - |
| Operating Income (USD) | 888.3 | (95,413.2) | (259,232) | (414,272.1) | (388,592.5) | (428,830.5) | - | - | - |
| Operating Margin | 43.6% | (432.4%) | (462.5%) | (398.4%) | (163.2%) | (155.0%) | - | - | - |
| % EBITDA Margin | 43.6% | (431.0%) | (459.2%) | (354.2%) | (117.0%) | (107.8%) | - | - | - |
| NET Income (USD) | 666.3 | (71,559.9) | (197,799) | (314,227.7) | (304,671.4) | (340,143.9) | - | - | - |
| % Net Margin | 32.7% | (324.3%) | (352.9%) | (302.2%) | (128.0%) | (123.0%) | - | - | - |
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