Wejo Group Limited
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Richard Barlow
- Full Time Employees
- 251
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- ABC Building Manchester United Kingdom M3 4AE
- IPO Date
- Mar 16, 2021
- CIK
- 0001864448
- Website
- wejo.com
- Similar Companies
- Business
- Wejo Group Limited, a Bermuda-incorporated holding company, provides software and technology solutions leveraging connected vehicle data through its proprietary cloud-based platform, Wejo Neural Edge; core offerings include Wejo Marketplace Data Solutions for traffic management and audience/media measurement services, alongside Wejo Software and Cloud Solutions encompassing software platforms, analytical tools, data management, privacy/compliance software, business insights enablers, and data visualization tools tailored to automotive OEMs, Tier 1 suppliers, fleet operators, insurance firms, departments of transportation, retailers, mapping providers, universities, advertisers, construction companies, and research entities. The company, founded in 2014 and headquartered in Salford near Manchester, United Kingdom, with additional offices in Manchester, operates globally in the smart mobility and connected vehicle data analytics sector, serving public and private organizations across automotive, transportation, and related verticals with high-volume datasets from over 13 million active vehicles to drive insights for road safety, traffic efficiency, emissions reduction, EV charging optimization, parking solutions, and infrastructure maintenance. Recent major developments include the subsidiary Wejo Limited entering administration on July 10, 2023, following a notice of intent filed May 30, 2023, amid funding shortfalls and failed rescue investments, resulting in redundancies for approximately 150 staff and ongoing asset sales such as $14 million intellectual property transfer to Jacobs Engineering Group; prior efforts encompassed a terminated 2023 business combination with TKB Critical Technologies 1, 2022 PIPE funding of $15.9 million, cost reductions targeting cash flow breakeven by mid-2025, product launches like Road Health in Europe powered by NIRA Dynamics, and partnerships with Mercedes-Benz Connectivity Services for fleet management, alongside backers including General Motors, Ford, Sompo Holdings, and Palantir.
Why Is Wejo (WEJO) Stock Up 38% Today?
Wejo and Rekor Announce that Wejo has Joined the Rekor Partner Network to Revolutionize Incident Detection and Response Through Real-Time Connected Vehicle Data
Wejo and TKB file Form S-4 Registration Statement for
Wejo and TKB file Form S-4 Registration Statement for Business Combination
Wejo Announces Fourth Quarter and Full-Year 2022 Results
Wejo to Announce Fourth Quarter and Full-Year 2022
Wejo to Announce Fourth Quarter and Full-Year 2022 Financial Results on April 3, 2023
Wejo Anticipates Earlier Free Cash Flow Breakeven Point with Cost Reductions
Wejo Anticipates Earlier Free Cash Flow Breakeven Point with Cost Reductions
Wejo étend la disponibilité de la solution Road Health à l'UE
Wejo amplía la disponibilidad de la solución Road Health a la UE
Wejo erweitert die Verfügbarkeit der Lösung Road Health auf die EU
Wejo espande la disponibilità della soluzione Road Health all'UE
Uitbreiding van beschikbaarheid Wejo Road Health Solution naar de EU
Wejo Expands Availability of Road Health Solution to EU
Wejo Expands Availability of Road Health Solution to EU
Wejo Unveils Midsize City Congestion Report
Wejo Unveils Midsize City Congestion Report
Wejo Partners with University Consortium for Geographic Information Science to Advance GIS Research
Wejo Partners with University Consortium for Geographic Information Science to Advance GIS Research