Wejo
Wejo logo | |
| Company type | Public company |
|---|---|
| Industry | Automotive Data |
| Founded | 2013 |
| Founder | Richard Barlow |
| Defunct | June 2023 |
| Headquarters | Manchester, England, UK |
| Products | Connected Vehicle Data |
| Revenue | US$8.4 million (2022) |
Number of employees | 275 (2022) |
| Website | wejo |
| Footnotes / references | |
Wejo Group Ltd was a British connected vehicle data start-up founded by entrepreneur Richard Barlow, headquartered in Greater Manchester, England. Wejo collected in near-real-time 14.6 billion data points and analyzed 66 million journeys across a network of 10.7 million live vehicles from a supply base of over 50 million connected vehicles. The Company offered a trading platform for connected car data and analytics. Wejo served customers worldwide and was founded in 2013.
The company, which was backed by General Motors, went through a special purpose acquisition (SPAC) merger in 2021. The merger raised $330M for Wejo including $230M from the SPAC company Virtuoso and the other $125M from private investment in public equity (PIPE) financing.
Wejo called in administrators at the end of May 2023, following a loss of investment capital.