Way

Sunnyvale, United States Founded: 2012 • Age: 14 yrs
App-based platform to find car parking, auto insurance car wash services
Annual revenue $913,203 Latest available
Total funding $3.4M 2 rounds
Employees 217 Tracked headcount
Investors - Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
    Business Services Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Way Dot Com India Private Limited
  • Date of Incorporation 28 Feb, 2017
  • Jurisdiction Thiruvananthapuram, Kerala, India
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Business Services → Event, Translation & Local Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $913.2 K (USD)
    75.87
    as on Mar 31, 2021
  • Net Profit
    $54.4 K (USD)
    59.66
    as on Mar 31, 2021
  • EBITDA
    $81.69 K (USD)
    71.48
    as on Mar 31, 2021
  • Total Equity Funding
    $3.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.4 M (USD), Seed

    Mar 17, 2017

  • Investors
    Not available
  • Employee Count
    217

    as on Apr 04, 2024

  • Investments & Acquisitions
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People of Way

Headcount 50-200
Employee Profiles 37
Employee Profiles
People
vikas shukla
Senior Software Engineer Team Lead
People
Nikhil Thekkiniyil
Senior Software Engineer
People
Aman Chheda
Director Of Operations
People
Ajaya Ghosh
Manager Email Marketing

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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.

Investments & Acquisitions by Way

Way has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GottaPark.

Investments
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Investment portfolio details for Way

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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Online Parking Reservations Marketplace
Locked Locked 2007 Locked
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Complete acquisition details for Way

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Financial Statements - Way

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Detailed financials for Way

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Way Comparisons

Way Primary company
Description
App-based platform to find car parking, auto insurance & car...
Location
Sunnyvale, United States
Founded Year
2012
Annual Revenue
$913.2 K (USD)
Net Profit
$54.4 K (USD)
EBITDA
$81.69 K (USD)
Employees
217
As of 2024
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Peer comparison for Way

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Car insurance quotes are compared via an online platform.
Locked Locked Locked
Online comparison platform for automotive & other insurances
Locked Locked Locked
Spiffy is recognized as a full-stack mobile service platform for the automotive industry.
Locked Locked Locked
AI-powered car insurance comparison platform
Locked Locked Locked
An online platform for comparing insurance quotes is operated.
Locked Locked Locked
Parking reservations are enabled by an app-based platform.
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Detailed competitors of Way

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Latest news on Way

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Complete news archive for Way

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Frequently Asked Questions about Way

Way was founded in 2012 and raised its 1st funding round 4 years after it was founded.

Way is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Way is a funded company, having raised a total of $3.4M across 2 funding rounds to date.

As of Apr 04, 2024, the latest employee count at Way is 217.

Annual revenue of Way is $913.2K as on Mar 31, 2021.

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.

Way's top competitors include Insurify, Spiffy and SpotHero.

Way has made 1 acquisition, including GottaPark.

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