Wejo
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | - | 3.0m | <1m | <1m | 2.7m | 7.3m |
| % growth | - | - | (93 %) | 335 % | 200 % | 167 % |
| EBITDA | (6.8m) | (20.7m) | (24.5m) | (24.5m) | (143m) | (107m) |
| % EBITDA margin | - | (689 %) | (11739 %) | (2700 %) | (5233 %) | (1475 %) |
| Profit | - | - | (26.4m) | (50.0m) | (198m) | (145m) |
| % profit margin | - | - | (12609 %) | (5500 %) | (7267 %) | (1988 %) |
| EV / revenue | - | - | - | - | 203.0x | 11.5x |
| EV / EBITDA | - | - | - | - | -3.9x | -0.8x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| N/A | N/A | Seed | |
£400k | Seed | ||
N/A | Series A | ||
£600k | Seed | ||
€13.0m | Series A | ||
* | €91.0m Valuation: €275m 91.7x EV/LTM Revenues -13.3x EV/LTM EBITDA | Series B | |
N/A | Support Program | ||
£10.0m Valuation: £455m 2611.3x EV/LTM Revenues -22.2x EV/LTM EBITDA | Late VC | ||
* | N/A | - | |
$230m Valuation: $1.1b 1100.0x EV/LTM Revenues -40.7x EV/LTM EBITDA | SPAC IPO | ||
$125m Valuation: $1.1b 1100.0x EV/LTM Revenues -40.7x EV/LTM EBITDA | SPAC Private Placement | ||
* | $100m | Post IPO Equity | |
* | $15.9m | Post IPO Equity | |
| Total Funding | $254m | ||
Related Content
Recent News about Wejo
EditWejo is a pioneering company in the smart mobility sector, specializing in connected vehicle data. The company operates globally, serving a diverse range of clients including businesses, governments, and organizations involved in transportation, urban planning, and automotive industries. Wejo's primary market revolves around autonomous, electric, and connected vehicles, which are transforming how we live, work, and travel.
Wejo's business model is centered on collecting, analyzing, and monetizing data from connected vehicles. This data provides real-time insights and historical traffic patterns, which are invaluable for improving traffic efficiency, reducing emissions, and enhancing road safety. By leveraging this data, Wejo helps its clients develop innovative products and services that improve personal transportation experiences, such as finding parking spots more easily, simplifying electric vehicle (EV) charging, and reducing commute times.
The company generates revenue through various streams, including subscription-based access to its data platform, customized data solutions, and partnerships with businesses and governments. Wejo's platform is designed to be secure, compliant, and flexible, ensuring that data privacy and security are maintained while unlocking the value of connected vehicle data.
Wejo's impact is far-reaching, from making cities more livable by predicting and preventing traffic congestion to helping fuel convenience retailers optimize their operations. The company's real-time traffic intelligence and incident hotspot identification contribute to safer roads for drivers, riders, passengers, and communities.
In summary, Wejo is at the forefront of the smart mobility revolution, providing unparalleled insights and data solutions that drive business efficiencies, create new revenue streams, and unlock opportunities for innovation.
Keywords: connected vehicle data, smart mobility, real-time insights, traffic efficiency, road safety, autonomous vehicles, electric vehicles, data monetization, urban planning, transportation innovation.