What3words

What3words

Private
San Marcos, CaliforniaMobility, Transportation & Logisticshttps://what3words.com/

Last Round

Convertible Debt

Jul 10, 2023

Est. Valuation

$262M

Total Funding Raised

$126.78M

Company Overview

What3words is a location technology company that offers a mobile-based platform for pinpointing and sharing precise locations using a unique three-word address system.

Sector

Mobility, Transportation & Logistics

Verticals

Last-Mile Delivery, E-commerce, Fleet Management, Ride-Sharing, Autonomous Vehicles

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS, Freemium, Government Contracts

AI Layer

Application

Keywords

three-word addressgeocoding systemlocation APIaddressing systemprecise locationcoordinate conversionhuman-friendly addressemergency services locationlast-mile deliveryautomotive navigationlocation SDKin-car navigationpublic safety locationlocation appdigital addressingusage-based API

Historical Pricing

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Caplight Momentum Score

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What3words Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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What3words Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Convertible DebtJul 10, 2023
Series COct 25, 2022
Convertible DebtJul 13, 2022
Series C ExtensionDec 14, 2021
Series C ExtensionMar 24, 2021
Corporate Funding
Jul 22, 2020

Key People

Founding team and executive leadership

Jack Waley-Cohen

Co-Founder COO

Founding Team

Chris Sheldrick

Co-founder CEO

Founding Team

Polly Hughes

Finance Director, Chief Financial Officer

Executive Team

What3words Investors

Notable investors and investment history

InvestorRounds
Horizons VenturesSeries A
Channel 4 VenturesCorporate Funding
Force Over Mass CapitalSeries B
Ingka InvestmentsSeries C Extension
Intel CapitalSeries B, Corporate Funding, Series A
German Media PoolSeries C Extension
Mustard SeedSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 30, 2026

    Added Radi-Oid, an amateur radio software startup, as a customer.

  • Apr 22, 2026

    Presented at the Commercial Vehicle Show on April 22, 2026.

What3words Filings

SEC and related filings with document metadata.

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What3words Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about What3words's valuation, stock price, and market status.

Firmographic Details

HeadquartersSan Marcos, California
Employee Range187
Year Founded2013
Last FundingJul 10, 2023

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