Wejo
Wejo
British vehicle data company
Wejo Group Ltd was a British connected vehicle data start-up founded by entrepreneur Richard Barlow, headquartered in Greater Manchester, England.[2] 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.[3] The Company offered a trading platform for connected car data and analytics. Wejo served customers worldwide and was founded in 2013.[4]
This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
|
The company, which was backed by General Motors, went through a special purpose acquisition (SPAC) merger in 2021.[5] 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.[6]
Wejo called in administrators at the end of May 2023, following a loss of investment capital.