what3words

what3words allows people to find & communicate a location more accurately, more easily and with less ambiguity than any other system like postcode or gps. It is a tiny piece of code that works across platform, with voice & offline and it can be easily integrated into other applications & sites. The uses are many; around the world it is being integrated into navigation systems, car share apps, property search sites & used by couriers, taxis, local authorities, maintenance agencies & mobile aid solutions.

Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2013
Size (employees)
99 (est)+14%
what3words was founded in 2013 and is headquartered in London, GB

what3words Office Locations

what3words has an office in London
London, GB (HQ)
Westbourne Studios 242 Acklam Rd

what3words Data and Metrics

Summary Metrics

Founding Date

2013

Total Funding

$13.5 m

Latest funding size

$8.5 m

Time since last funding

about 1 year

Investors

what3words's latest funding round in June 2016 was reported to be $8.5 m. In total, what3words has raised $13.5 m

what3words Financial Metrics

what3words's revenue was reported to be £3.6 k in FY, 2016 which is a 89% decrease from the previous period.
GBP

Revenue (FY, 2016)

3.6 k

Revenue growth (FY, 2015 - FY, 2016), %

(89%)

Net income (FY, 2016)

(2.3 m)

Cash (31-Jul-2016)

5.6 m
GBPFY, 2015FY, 2016

Revenue

31.4 k3.6 k

Revenue growth, %

(89%)

Pre tax profit

(994.7 k)(2.3 m)

Net Income

(872.8 k)(2.3 m)
GBPFY, 2014FY, 2015FY, 2016

Cash

301.2 k317.6 k5.6 m

Accounts Receivable

19.5 k4603.4 k

Current Assets

320.6 k458.5 k5.7 m

PP&E

1.4 k1.4 k11.6 k
GBPFY, 2015FY, 2016

Income Taxes Paid

121.9 k60 k
GBPY, 2016

Revenue/Employee

106.1

Financial Leverage

1 x
Show all financial metrics

Traffic Overview of what3words

what3words Online and Social Media Presence

what3words News and Updates

Mercedes-Benz will use What3words geocoding system to help drivers navigate to any point on Earth

Mercedes-Benz has announced a new navigation feature is coming to its cars next year, one that’s designed to help drivers find their way to very precise points on the planet that are difficult to find through conventional directions. While many of the places you’ll ever want to visit are easy to fin…

Meet What3Words: The London startup changing our understanding of location

Back in November 2014, advertising executive Rory Sutherland called What3Words “the best navigation idea [he’d] seen since the tube map”. The idea is simple: take the globe, divide it into 57 trillion 3m by 3m squares and ascribe three common words to each square. To cover the globe, What3Words n…

What3words raises $8.5M for global addressing system that assigns 3 random words to every location

What3words, a global addressing system that uses three words to describe precise locations, has raised $8.5 million in a Series B round led by logistics giant Aramex, with participation from existing investors, including Intel Capital, Force Over Mass Capital, and Mustard Seed. Founded out of the U.…

Addressing platform what3words closes $8.5M Series B led by logistics firm Aramex

 London-based addressing platform startup, what3words, which has created a universal postcode/zip code alternative aimed at simplifying location sharing, has taken in new funding round led by logistics company Aramex. Read More

What3words scores $8.5 million from Aramex, Intel Capital and others for its nifty addressing tech

London-based what3words, the startup behind the addressing platform that enables anyone to pinpoint locations with – you guessed it – just three words, has closed a $8.5 million Series B funding round. The financing round was led by global logistics giant Aramex, with existing investors Intel Capita…

what3words Company Life and Culture

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