About Wejo
Wejo is a company based in Tattenhall (United Kingdom) founded in 2013.. Wejo has raised $159.56 million across 10 funding rounds from investors including General Motors, Hella Ventures and DIP - Disruptive Investment Platform. The company has 159 employees as of December 31, 2020. Wejo operates in a competitive market with competitors including Telenav, Mojio, Otonomo, Smartcar and CloudMade, among others.
- Headquarter Tattenhall, United Kingdom
- Employees 159 as on 31 Dec, 2020
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wejo Limited
- Date of Incorporation 13 Dec, 2013
- Jurisdiction SALFORD, LANCASHIRE
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Annual Revenue
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Net Profit
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EBITDA
$4.04 M-8as on Dec 31, 2022
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Total Equity Funding
$159.56 M (USD)
in 10 rounds
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Latest Funding Round
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Investors
General Motors
& 4 more
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Employee Count
159
as on Dec 31, 2020
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Funding Insights of Wejo
Wejo has successfully raised a total of $159.56M across 10 strategic funding rounds. 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 10
- Last Round Last Round
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First Round
First Round
(20 Mar 2014)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Post-IPO - Wejo | Valuation |
investors |
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| Aug, 2020 | Amount | Series B - Wejo | Valuation | DIP Capital , Future Fund |
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| Jan, 2019 | Amount | Series B - Wejo | Valuation | General Motors |
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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 |
Investors in Wejo
Wejo has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include General Motors, Hella Ventures and DIP - Disruptive Investment Platform. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Hella Ventures is engaged in corporate venture investments.
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Founded Year | Domain | Location | |
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Venture capital firm focused on European digital-tech businesses.
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Wejo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
Financial Statements - Wejo
| 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 |
Wejo Comparisons
Competitors of Wejo
Wejo 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 Telenav, Mojio, Otonomo, Smartcar and CloudMade, 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 |
Connected car platforms and navigation solutions are provided by Telenav.
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| domain | founded_year | HQ Location |
Cloud-connected device and platform for cars
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| domain | founded_year | HQ Location |
Online platform offering a data marketplace for the automotive sector
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| domain | founded_year | HQ Location |
Provider of SaaS-driven API platform for connected car data
|
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| domain | founded_year | HQ Location |
Connected car solutions are delivered for B2B automotive integration.
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| domain | founded_year | HQ Location |
Cloud-enabled in-vehicle connectivity and data management solutions are provided.
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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 Wejo
Frequently Asked Questions about Wejo
When was Wejo founded?
Wejo was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Wejo located?
Wejo is headquartered in Tattenhall, United Kingdom. It is registered at Tattenhall, Cheshire, United Kingdom.
Is Wejo a funded company?
Wejo is a funded company, having raised a total of $159.56M across 10 funding rounds to date. The company's 1st funding round was a Series B of $102.7M, raised on Mar 20, 2014.
How many employees does Wejo have?
As of Dec 31, 2020, the latest employee count at Wejo is 159.
What does Wejo do?
Wejo was founded in 2013 in Tattenhall, United Kingdom, within the automotive technology sector. A data platform for connected vehicles is operated, including mobile, web, and in-car applications that are delivered to users for improved driving safety and convenience. Automotive data exchange services are also extended, offering analytical insights derived from consumer and vehicle information to manufacturers, insurers, and service providers.
Who are Wejo's investors?
Wejo has 5 investors. Key investors include General Motors, Hella Ventures, DIP - Disruptive Investment Platform, Future Fund, and Seneca EIS Portfolio Fund.
What is Wejo's valuation?
The valuation of Wejo is $89.07M as of Jul 2018.
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