About What3words
What3words is a company based in London (United Kingdom) founded in 2013 by John Wilfred Lazar and Abdul Guefor.. What3words has raised $231.46 million across 16 funding rounds from investors including ITVX, Aramex and Mercedes-Benz. What3words has completed 1 acquisition, including Swiftcomplete. What3words offers products and services including what3words App and Developer API.
- Headquarter London, United Kingdom
- Founders John Wilfred Lazar, Abdul Guefor
- Stage Minicorn
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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- Legal Name What3words Limited
- Date of Incorporation 05 Mar, 2013
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$231.46 M (USD)
in 16 rounds
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Latest Funding Round
$8.95 M (USD), Series C
Jul 10, 2023
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Investors
ITVX
& 15 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of What3words
What3words offers a comprehensive portfolio of products and services, including what3words App and Developer API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for precise location identification using three-word codes
Tools for integrating location services into applications
Unlock access to complete
Funding Insights of What3words
What3words has successfully raised a total of $231.46M across 16 strategic funding rounds. The most recent funding activity was a Series C round of $8.95 million completed in July 2023. 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 16
- Last Round Series C — $8.9M
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First Round
First Round
(14 Mar 2013)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series C - What3words | Valuation |
investors |
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| Oct, 2022 | Amount | Series C - What3words | Valuation |
investors |
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| Jul, 2022 | Amount | Series C - What3words | 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 |
Investors in What3words
What3words has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ITVX, Aramex and Mercedes-Benz. 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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Venture capital firm focused on series A and late-stage companies
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Founded Year | Domain | Location | |
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Private equity investments are directed across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on big data, IoT, and human machine
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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 What3words
What3words has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Swiftcomplete. 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
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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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Provides real-time address validation tools for efficient business data management.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 |
Financial Statements - What3words
| 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 |
What3words Comparisons
Competitors of What3words
| 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 What3words
Frequently Asked Questions about What3words
When was What3words founded?
What3words was founded in 2013.
Where is What3words located?
What3words is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is What3words a funded company?
What3words is a funded company, having raised a total of $231.46M across 16 funding rounds to date. The company's 1st funding round was a Series C of $7.73M, raised on Mar 14, 2013.
What does What3words do?
What3words was founded in 2013 in London, United Kingdom, as a geolocation technology provider. A proprietary system is utilized to assign unique three-word addresses to every three-by-three-meter square on Earth, enabling precise location sharing. Services include APIs, SDKs, and mobile applications for iOS and Android, with compatibility extended to drones, voice assistants, and autonomous vehicles. Operations focus on global accessibility for navigation and logistics applications.
What products or services does What3words offer?
What3words offers what3words App and Developer API.
How many acquisitions has What3words made?
What3words has made 1 acquisition, including Swiftcomplete.
Who are What3words's investors?
What3words has 16 investors. Key investors include ITVX, Aramex, Mercedes-Benz, Alpine, and Brand Capital International.
What is What3words's valuation?
The valuation of What3words is $261.71M as of Oct 2022.