weXelerate
weXelerate operates Austria's largest corporate-innovation hub in Vienna, combining 9,000 m² of managed office and event space with a corporate membership program, an in-house startup accelerator (Venturecake), and sector-specific innovation programs serving enterprises like Infineon and OMV.
- Company typePrivate
- Founded2017
- HeadquartersVienna, Austria
- Headcount11–50
- GTM typeB2B
- OfferingServices
What weXelerate does
weXelerate GmbH, founded in 2017 in Vienna, operates Austria's largest dedicated corporate-innovation hub within a 9,000 m² facility (Design Tower by Jean Nouvel) at Praterstrasse 1. The company runs a multi-product platform comprising four interlocking layers: (1) physical infrastructure — 35 private offices (100-380 m²), coworking (fixed/flex desks and day passes), and five event spaces totaling ~1,500 m²; (2) a corporate membership program (€9,900/year for corporate tier, €3,900/year for individual) granting access to moderated innovation formats and sparring sessions; (3) the in-house Venturecake accelerator, which has supported 200+ startups across six batches collectively raising €650M+; and (4) sector-specific programs including FinTech Hub Wien (with OeNB and WKO), Quantum Corporate Activation Austria (with FFG), and an Energy Innovation Program. Membership-based recurring revenue (corporate fees, coworking subscriptions) is complemented by transaction-based event space rentals (€85-1,100 per half-day) and professional services in innovation consulting.
The customer base is anchored by named enterprises such as Infineon Austria, OMV, BKS Bank, Erste Digital, Caritas Österreich, and UNIQA, alongside 40+ tenant companies spanning financial services, energy, healthcare, semiconductors, retail, and nonprofit sectors. The proprietary technology stack centers on an innovation-format curation methodology rather than software IP, with AI-driven event matchmaking handled through a b2match partnership. Distribution is omnichannel and Austria/DACH-focused: direct enterprise sales for memberships and offices, self-serve online booking for coworking and event spaces, ecosystem referrals (a stated 73% of members find most value in knowledge exchange, per the 2024 member survey), and an annual Future Forward conference (4th edition scheduled Nov 2026, targeting 1,000+ attendees from 42+ nations) that functions as the flagship lead-generation and brand event.
The business is led by Co-CEOs Awi Lifshitz and Clemens Böhmer with an operational team of approximately 14 people. Ownership is held by founding Austrian corporates with one disclosed founder-side investor (i5invest); the company operates without disclosed external venture funding, suggesting a member-funded, operationally lean model. Revenue is not publicly disclosed, and there are no patents, regulatory actions, or M&A activities on record.
weXelerate firmographics
Firmographics- Name
- weXelerate
- Legal name
- weXelerate GmbH
- Website
- https://wexelerate.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- weXelerate operates Austria's largest corporate-innovation hub in Vienna, combining 9,000 m² of managed office and event space with a corporate membership program, an in-house startup accelerator (Venturecake), and sector-specific innovation programs serving enterprises like Infineon and OMV.
- Ownership category
- akta.pro rank
weXelerate industry classification
Industry- Product category
- Innovation Hub Services
- NAICS
- Management, Scientific, and Technical Consulting Services (5416), Management of Companies and Enterprises (55111)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Accelerators & Incubators (Investor-Operated) (FSANAAAM)
- akta.pro secondary industries
- Event Rentals (Tents, Furniture, A/V, Decor) (HSACAAAG), Meeting & Event Space Services (Setup/Teardown) (BPABAFAL)
Keywords
Where weXelerate is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
weXelerate business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Corporate Membership Fees: Annual membership subscriptions providing access to innovation formats, ecosystem networking, and hub benefits. Priced at €9,900/year for corporate tier (up to 3 people), €3,900/year for individual tier, with customized options at higher price points.
- Office Space Rental: Private office spaces ranging from 100-380 m² in Design Tower location. Fully managed offices with furniture, internet, cleaning, security included. No agency fees. Revenue from ongoing rental payments.
- Co-Working Memberships: Fixed desk (€533/month net) and flex desk (€433/month net) memberships including SO/SPA access. Also day pass options available.
- Event Space Rental: Hourly and daily rental of meeting rooms and event spaces. Spaces include Think Tank (€85/hour), Board Room (€550/half day), Lounge (€950/half day), Auditorium (€690/half day), and Twenty Eight (€1,100/half day).
- Innovation Services and Consulting: Custom consulting projects, coaching, workshops tailored to company innovation goals. Innovation Day full-day deep-dive sessions, 1:1 consulting, and customized program development.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Individual Membership for solo innovation managers |
| Subscription | Annual | Corporate Membership for teams up to 3 people |
| Subscription | Annual | Customized Membership with personalized support |
| Subscription | Monthly | Fixed Desk Co-Working |
| Subscription | Monthly | Flex Desk Co-Working |
| Subscription | Pay-as-you-go | Day Pass Co-Working |
| Unit Pricing | Pay-as-you-go | Think Tank Meeting Room |
| Unit Pricing | Pay-as-you-go | Board Room |
| Unit Pricing | Pay-as-you-go | Lounge |
| Unit Pricing | Pay-as-you-go | Auditorium |
| Unit Pricing | Pay-as-you-go | Twenty Eight Event Space |
| Unit Pricing | Pay-as-you-go | Event Surcharges |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
weXelerate product offering
Product offeringCore offering
weXelerate operates a 9,000 m² innovation hub in Vienna's Design Tower (Praterstrasse 1) that combines physical office and co-working space with a membership-based corporate innovation ecosystem. It sells private office rentals (100–380 m²), co-working memberships (Co-Work & Recharge, from €433/month), five event venues totaling 1,500 m², and annual corporate memberships (€9,900/year) that grant access to moderated innovation formats, sparring sessions, and a network of 80+ corporate members. Adjacent offerings include the Venturecake startup accelerator (200+ startups, €650M+ raised) and sector-specific programs such as FinTech Hub Wien and Quantum Corporate Activation Austria.
Product overview
weXelerate is Austria's most impactful innovation ecosystem, operating as a multi-service innovation platform combining physical infrastructure (The Hub) with a membership-based innovation network (The Ecosystem). The core offerings include: private office spaces (100-380 m²) and co-working options at the 9,000 m² Design Tower hub; event space rental across five venues totaling 1,500 m²; Corporate Membership providing ecosystem access at €9,900/year; Co-Work & Recharge (co-working with integrated spa access starting at €433/month); and the Venturecake Accelerator supporting 200+ startups. The ecosystem is further supported by sector-specific programs including FinTech Hub Wien, Quantum Corporate Activation Austria, and Energy Innovation Program, plus the annual Future Forward innovation conference.
Differentiator
Problem solved
Functional benefit
Brands
- Venturecake: Austria's first co-owned accelerator by weXelerate, helping startups level up with tailored mentorship, corporate and investor access, and founder-focused support.
- Future Forward
Products and services
- The Hub (Private Offices) Fully managed private offices (100–380 m²) inside the 9,000 m² Design Tower by Jean Nouvel, including furniture, 100Mbit symmetrical internet, cleaning, security, and a dedicated Hub Manager. Targeted at scale-ups, growth-stage tech companies, and corporates needing confidential, customizable space with ecosystem access. No agency fees apply.
- Co-Work & Recharge
Quantifiable outcome
- 73% of members find most value in interaction and exchange of knowledge and learnings
- +4 more outcomes
Companies that use weXelerate
Customer profileNamed customers9 records
Ideal customer profiles3 records
weXelerate technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
weXelerate partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- VenturecakecoreAustria's first co-owned accelerator by weXelerate. Has supported 200+ startups across 6 batches, collectively raising €650M+. Provides structured startup access for corporate members seeking innovation partnerships.
- OeNB (Austrian National Bank)coreAnchor partner of FinTech Hub Wien, a structured program connecting financial institutions with fintech startups. OeNB provides regulatory expertise and institutional credibility to the program.
- WKO (Wirtschaftskammer Österreich)coreAnchor partner of FinTech Hub Wien alongside OeNB. WKO provides industry network access and represents Austrian business interests in the fintech innovation ecosystem.
- FFG (Forschungsförderungsgesellschaft)corePartner in Quantum Corporate Activation Austria program. FFG provides R&D funding expertise and connects the ecosystem with national research initiatives and non-dilutive grant programs.
- SO/ Vienna HotelminorPremium partner hotel in same building as weXelerate hub. Provides accommodation options for visiting clients and event attendees. Special partnership rate for Co-Work & Recharge coworking members.
- RITA bringt'sminorCO₂-neutral vegetarian/vegan catering partner delivering by cargo bike. Aligns with innovation sustainability values.
- Marco Simonis CateringminorEvent catering partner offering 'soulful dining experiences' from 2 to 1,500 guests. Provides premium culinary offerings for corporate events.
- El Gaucho SteakhouseminorIn-house restaurant at Design Tower location. Provides on-site dining options for tenants and event attendees.
Scale indicators14 records
Recent moves8 records
Expansion highlights6 records
weXelerate competitors and assessment
Company assessmentEmerging players
- Antler: Global early-stage VC and accelerator running cohorts and founder residencies — overlaps with weXelerate's Venturecake accelerator and corporate-startup matchmaking programs.
- Seedstars: Swiss-based emerging-markets accelerator and venture builder with corporate innovation programs — comparable to weXelerate's accelerator and sector-program model but with a different geographic and stage focus.
Direct peers
- Impact Hub Vienna: Global network of impact-focused innovation hubs with a Vienna location; competes directly with weXelerate for innovation-ecosystem memberships, event space and corporate-startup collaboration programs in the same city.
- Pioneers: Austrian-born innovation platform running the Pioneers Festival and corporate-startup matching programs; competes for the same corporate innovation budgets, startup pipeline and event-driven ecosystem mindshare.
- Factory Berlin: Premium innovation campus combining private offices, event spaces and a curated member community for startups and corporates — directly comparable model to weXelerate, just in Berlin rather than Vienna.
Broad incumbents
- Station F: The world's largest startup campus in Paris offering offices, event space, accelerators and corporate programs — comparable in scale and ecosystem approach, but serving a much broader international market than weXelerate.
- Mindspace: Premium co-working and office provider with multiple European locations; overlaps with weXelerate on private offices, coworking and event spaces but is broader/diversified geographically and lacks the corporate-innovation ecosystem focus.
- Talent Garden: European innovation hub and co-working network with campuses across multiple countries; comparable in combining education, coworking and event programs but operates at scale beyond weXelerate's single-city footprint.
- Plug and Play: Large global innovation platform running corporate-startup accelerator programs across fintech, health, retail and more — overlaps with weXelerate's sector-specific programs like FinTech Hub Wien and the broader corporate-ecosystem thesis.
- WeWork: Global flexible office and co-working provider competing for the same private office and coworking demand in Vienna; overlaps commercially but lacks weXelerate's innovation-ecosystem and accelerator positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
weXelerate social profiles
Digital presenceweXelerate financial estimates
Financial estimateRevenue estimate
Valuation estimate
weXelerate leadership team
Management profileNumber of profiles
Profiles8 records
weXelerate funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
weXelerate M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about weXelerate
What does weXelerate do?
weXelerate operates a 9,000 m² innovation hub in Vienna's Design Tower (Praterstrasse 1) that combines physical office and co-working space with a membership-based corporate innovation ecosystem. It sells private office rentals (100–380 m²), co-working memberships (Co-Work & Recharge, from €433/month), five event venues totaling 1,500 m², and annual corporate memberships (€9,900/year) that grant access to moderated innovation formats, sparring sessions, and a network of 80+ corporate members. Adjacent offerings include the Venturecake startup accelerator (200+ startups, €650M+ raised) and sector-specific programs such as FinTech Hub Wien and Quantum Corporate Activation Austria.
Is weXelerate a public or private company?
weXelerate is a private company. It is classified as unknown and is currently operating.
When was weXelerate founded?
weXelerate was founded in 2017. It employs 11 to 50 people.
Where is weXelerate based?
weXelerate is headquartered in Vienna, Austria, in the Europe region.
How does weXelerate make money?
Five revenue lines are on record. Corporate Membership Fees are the primary driver. The others are office Space Rental, co-Working Memberships, event Space Rental and innovation Services and Consulting.
Who are weXelerate's main competitors?
Emerging players on record are Antler and Seedstars. Direct peers are Impact Hub Vienna, Pioneers and Factory Berlin. Broad incumbents are Station F, Mindspace, Talent Garden, Plug and Play and WeWork.
Does weXelerate have an API?
No public API is recorded for weXelerate.
What industry is weXelerate in?
weXelerate's product category is Innovation Hub Services. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated), with a secondary code of HSACAAAG, Event Rentals (Tents, Furniture, A/V, Decor). Its NAICS code is 5416 and its SIC code is 8742.