2023 Revenue
$47.7M
Funding
$0
Team
294
Founded
2013
How what3words CEO Chris Sheldrick grew to $47.7M revenue with a 294 person team in 2023.
What3words has revolutionized the way we think about and communicate location. By dividing the world into 3-meter by 3-meter squares, it assigns each one a unique combination of three words, simplifying the process of identifying and sharing precise locations. This innovative addressing system allows for an unprecedented level of accuracy, whether one is designating a delivery entrance, pinpointing a picnic spot, or identifying a drone landing area, using only three easily remembered words.
The system's simplicity and precision have made it an invaluable tool not just for individuals but also for businesses, government entities, and NGOs, enabling them to operate more efficiently. With over 650 businesses and organizations across more than 170 countries adopting what3words addresses, it's clear that this novel approach to location sharing and navigation has garnered a broad and diverse user base. From logistics companies streamlining their delivery processes to emergency services improving response times by quickly locating those in need, what3words is facilitating more efficient and effective operations worldwide.
The adoption of what3words addresses also extends beyond professional uses, enhancing everyday life for individuals. It simplifies the sharing of locations for social gatherings, directs people to specific meeting points within large public areas, and even helps adventurers and travelers explore off-the-beaten-path destinations with confidence. Ultimately, what3words is more than just a simple way to talk about location; it's a tool that is reshaping how we navigate and interact with the world around us.
Last updated
what3words Revenue
In 2023, what3words's revenue reached $47.7M. Since its launch in 2013, what3words has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | what3words Hit $47.7m revenue in December 2023 | |
| 2013 | Launched with $0 revenue |
what3words Valuation, Funding Rounds
what3words is a bootstrapped Other Vertical Industry Software startup. Founded in 2013, what3words has grown to $47.7M in revenue without raising any venture capital or outside funding.
As a self-funded Other Vertical Industry Software SaaS company, what3words has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for what3words yet.
what3words Employees & Team Size
what3words employs approximately 294 people as of 2026, up from 265 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 294 employees (December 2023) |
| 2022 | Reached 265 employees (December 2022) |
Frequently Asked Questions about what3words
What is what3words's revenue?
what3words generates $47.7M in revenue.
Who founded what3words?
what3words was founded by Chris Sheldrick.
Who is the CEO of what3words?
The CEO of what3words is Chris Sheldrick.
How much funding does what3words have?
what3words raised $0.
How many employees does what3words have?
what3words has 294 employees.
Where is what3words headquarters?
what3words is headquartered in London, United Kingdom.
Compare what3words to the industry
what3words operates across multiple industries. Browse revenue, funding, and growth data for what3words in each sector below.
Data and Sources
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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