Wejo Group Limited

Wejo Group Limited

WEJOW
Wejo Group LimitedUS flagNASDAQ Global Market
0.01
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4.95MMarket Cap
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Capital Structure

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Richard Barlow
Full Time Employees
204
Sector
Technology
Industry
Software - Infrastructure
Address
ABC Building Manchester United Kingdom M3 4AE
IPO Date
Aug 2, 2022
Website
wejo.com
Business
Wejo Group Limited provides connected vehicle data solutions through its cloud-based software infrastructure, including the Wejo Neural Edge platform for data analytics, management, and visualization; Wejo Marketplace Data Solutions encompassing traffic management, audience and media measurement services; and Wejo Software and Cloud Solutions featuring software platforms, analytical tools, data management, privacy compliance software, business insights enablers, and data visualization tools. The company serves automotive original equipment manufacturers, tier-1 suppliers, fleet management firms, departments of transportation, retailers, mapping companies, universities, advertisers, construction firms, and research departments with real-time insights from over 13 million active vehicles to enhance mobility, safety, efficiency, and urban planning. Founded in 2014 and headquartered in Salford, United Kingdom, Wejo operates globally with a focus on smart mobility for public and private organizations in the transportation and technology sectors. Recent developments include partnerships with Mercedes-Benz Connectivity Services for fleet management data integration, collaboration with Rekor in the partner network for improved incident detection using connected vehicle data, and involvement with SMATS to advance safer roadways; the company pursued a business combination with TKB Critical Technologies 1 in 2023 to secure up to $100 million in funding, implemented cost reductions to extend cash runway toward free cash flow breakeven by mid-2025, and navigated financial challenges with ongoing U.S. operations reflected in its OTC listing under ticker WEJOW despite prior UK administration proceedings.