About Way
Way is a company based in Sunnyvale (United States) founded in 2012.. Way has raised $3.4 million across 2 funding rounds. The company has 217 employees as of April 04, 2024. Way has completed 1 acquisition, including GottaPark. Way operates in a competitive market with competitors including Insurify, EverQuote, Spiffy, Jerry and The Zebra, among others.
- Headquarter Sunnyvale, United States
- Employees 217 as on 04 Apr, 2024
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Sectors
Transportation, Automotive & LogisticsBusiness Services Financial Services
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Phone
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Website
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Social
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- Legal Name Way Dot Com India Private Limited
- Date of Incorporation 28 Feb, 2017
- Jurisdiction Thiruvananthapuram, Kerala, India
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Annual Revenue
$913.2 K (USD)75.87as on Mar 31, 2021
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Net Profit
$54.4 K (USD)59.66as on Mar 31, 2021
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EBITDA
$81.69 K (USD)71.48as on Mar 31, 2021
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Total Equity Funding
$3.4 M (USD)
in 2 rounds
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Latest Funding Round
$2.4 M (USD), Seed
Mar 17, 2017
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Investors
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Employee Count
217
as on Apr 04, 2024
- Investments & Acquisitions
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Funding Insights of Way
Way has successfully raised a total of $3.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.4M
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First Round
First Round
(04 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Seed - Way | Valuation |
investors |
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| Mar, 2016 | Amount | Seed - Way | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Way
Way has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GottaPark. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online Parking Reservations Marketplace
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Way
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Way Comparisons
Competitors of Way
Way operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Insurify, EverQuote, Spiffy, Jerry and The Zebra, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Car insurance quotes are compared via an online platform.
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| domain | founded_year | HQ Location |
Online comparison platform for automotive & other insurances
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| domain | founded_year | HQ Location |
Spiffy is recognized as a full-stack mobile service platform for the automotive industry.
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| domain | founded_year | HQ Location |
AI-powered car insurance comparison platform
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| domain | founded_year | HQ Location |
An online platform for comparing insurance quotes is operated.
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| domain | founded_year | HQ Location |
Parking reservations are enabled by an app-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Way
Frequently Asked Questions about Way
When was Way founded?
Way was founded in 2012 and raised its 1st funding round 4 years after it was founded.
Where is Way located?
Way is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is Way a funded company?
Way is a funded company, having raised a total of $3.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 04, 2016.
How many employees does Way have?
As of Apr 04, 2024, the latest employee count at Way is 217.
What is the annual revenue of Way?
Annual revenue of Way is $913.2K as on Mar 31, 2021.
What does Way do?
Way was founded in 2012 in Sunnyvale, United States, operating in the automotive services sector. An app-based platform is provided for users to access car parking options, including airport, hourly, and monthly bookings in urban areas. Auto insurance quotes from various providers are obtained through the service, alongside reservations for nearby car washes. The application is supported on iOS and Android devices.
How many acquisitions has Way made?
Way has made 1 acquisition, including GottaPark.
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