Company Growth (employees)
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 | JamJar Investments, Aramex International, Intel Capital, Hambro Perks Ltd., Horizons Ventures, Mustard Seed, Force Over Mass Capital |
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 |
| GBP | FY, 2015 | FY, 2016 |
|---|---|---|
Revenue | 31.4 k | 3.6 k |
Revenue growth, % | (89%) | |
Pre tax profit | (994.7 k) | (2.3 m) |
Net Income | (872.8 k) | (2.3 m) |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 301.2 k | 317.6 k | 5.6 m |
Accounts Receivable | 19.5 k | 460 | 3.4 k |
Current Assets | 320.6 k | 458.5 k | 5.7 m |
PP&E | 1.4 k | 1.4 k | 11.6 k |
| GBP | FY, 2015 | FY, 2016 |
|---|---|---|
Income Taxes Paid | 121.9 k | 60 k |
| GBP | Y, 2016 |
|---|---|
Revenue/Employee | 106.1 |
Financial Leverage | 1 x |
Market Position of what3words
Traffic Overview of what3words
what3words Online and Social Media Presence
what3words News and Updates
September 12, 2017
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…
September 19, 2016
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…
June 29, 2016
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.…
June 29, 2016
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
June 29, 2016
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…