Wejo believes that this transaction can raise up to $100 million to fund its growth initiatives.

Wejo expands work with Ford to offer end-to-end insurance solutions in the US.

Net loss was $55.4 million and Adjusted EBITDA loss was $28.9 million.

Wejo is a connected car data company.

Verisk and Ford announced a similar partnership earlier this year.

There’s very little difference between any providers out there in terms of how they score driving behavior, according to Wejo CEO.

This flow of information ultimately streamlines congestion and brings a smoother parking experience for the benefit of drivers.

Wejo also happens to be a partner of Sompo where the insurer plans to help the Asian market adopt connected car data.

Transaction anchored by key strategic investors including Palantir and GM.

Wejo has 15 million cars on its platform and it licenses the data to mobility businesses, insurance companies, city planners and governments.

wejo is announcing the launch of Neutral Server Plus and its partnership with Daimler AG.

Founded in 2014 and led by Richard Barlow, Wejo, which sells its data to cities and insurance companies/