Total raised
$67.0M
Last: Series C 2011-10
Stage
Acquired
Founded
2007
Headcount
411
HQ
Tel Aviv-Yafo
Sector
Automotive & Mobility Technologies
About
Waze is a community-driven navigation app that uses real-time data from its users to provide the best route to drivers' destination. It takes into account accidents, traffic jams, speed traps, construction, and other obstacles that could slow drivers down. Waze also allows drivers to report hazards and road closures, and to see where other users are on the road.
Waze is a subsidiary of Google.
Funding history · 3 rounds · $67.0M total
2011-10
Series C
$30.0M
2010-12
Series B
$25.0M
2008-03
Series A
$12.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Waze acquired and by whom?
- Waze was acquired by Google in June 2013 for $1.3 billion.
- What was Waze's total funding amount before its acquisition?
- Waze raised a total of $67 million in funding through three rounds before its acquisition.
- Which investors participated in Waze's Series C funding round?
- Waze's Series C funding round in October 2011 included investments from Horizons Ventures and Kleiner Perkins.
- When did Waze integrate electric vehicle charging stations into its map?
- In March 2023, Waze added electric vehicle charging stations to its map.
- What significant organizational change occurred at Waze in December 2022?
- In December 2022, Google merged its mapping team with Waze, aiming to cut costs.
- When did Waze experience layoffs, and how many employees were affected?
- Waze experienced layoffs in September 2020, affecting 5% of its employees. Further layoffs occurred in June 2023, months after being merged into Google Geo.
- What new feature did Waze launch in Israel in July 2019?
- In July 2019, Waze launched a new carpool feature in Israel.
- Which automotive brand was the first to integrate Waze directly into its multimedia system?
- Renault was the first brand to integrate Waze directly into its multimedia system in December 2022.
- What was the reported decline in road traffic in Israel according to Waze during Covid-19?
- In April 2020, Waze reported a 70% decline in Israel road traffic due to Covid-19.
- Who was appointed as the new Waze CEO in May 2021?
- Neha Parikh was appointed as the new Waze CEO in May 2021.
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Automotive & Mobility TechnologiesUrban Mobility
Technologies
Artificial IntelligenceMachine LearningSensingGeolocationPlatforms & InterfacesMobile
Target customers
Government & CityMunicipalitiesConsumersTransportation & MobilityCommutersDrivers
Business model
B2CB2BB2G
Highlights
1 PatentsVerified
Tags
charging-stationstransportationcrowdsourcingtrafficnavigationlocation-baseddriversmobile-applicationssmart-cityparkingsmart-mobilitymunicipalitiesroute-optimization