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)
85 (est)+5%
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

Goodwill

187.6 k198 k150.2 k

Total Assets

509.7 k657.8 k5.9 m

Accounts Payable

12 k98.1 k97.9 k

Current Liabilities

12 k119.2 k152.2 k

Total Liabilities

12 k119.2 k152.2 k

Retained Earnings

(872.8 k)(2.3 m)

Total Equity

497.7 k538.6 k5.7 m

Financial Leverage

1 x1.2 x1 x
GBPFY, 2015FY, 2016

Income Taxes Paid

121.9 k60 k
GBPY, 2016

Revenue/Employee

106.1

Financial Leverage

1 x

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what3words Company Life and Culture

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