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Fleet management and connected car solutions provider in Latin America
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In 2024, Location World's revenue reached $24.1M. The company previously reported $11.2M in 2023. Since its launch in 2008, Location World has shown consistent revenue growth.
Location World is a bootstrapped IoT Connectivity Management Software startup. Founded in 2008, Location World has grown to $24.1M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Connectivity Management Software SaaS company, Location World has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
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Location World serves 13M customers.
Location World employs approximately 171 people as of 2026, down from 186 in 2023. It serves 13M customers that rely on its solutions.
Location World generates an estimated $24.1M in annual revenue.
Location World was founded by Edwin Florian.
The CEO of Location World is Edwin Florian.
Location World is bootstrapped and has not raised outside funding.
Location World has 171 employees.
Location World is headquartered in Quito, Pichincha, Ecuador.
Location World operates across multiple industries. Browse revenue, funding, and growth data for Location World in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$24.1M(Est.)
Customers
13M
Funding
$0
Avg ACV
$2
Team
171
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2024 | Location World Hit $24.1m revenue in October 2024 | Estimated |
| 2023 | Location World Hit $11.2m revenue in October 2023 | Estimated |
| 2021 | Location World Hit $10.6m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 171 employees (December 2024) | |
| 2024 | Reached 186 employees (October 2024) | |
| 2023 | Reached 186 employees (October 2023) | |
| 2022 | Reached 186 employees (October 2022) | |
| 2021 | Reached 211 employees (December 2021) | |
| 2021 | Reached 144 employees (April 2021) |
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