When was Way founded?

Way was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Way located?

Way is headquartered in Helsinki, Finland.

How many employees does Way have?

As of Mar 31, 2026, the latest employee count at Way is 9.

Is Way a funded company?

Way is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 27, 2025.

When was the latest funding round of Way?

Way's latest funding was a $***** Seed round on May 27, 2025, with participation from 7 investors. Its primary sector is Logistics Tech. Globally, the Logistics Tech sector has seen $2.14B in funding in 2026 to date.

Where does Way rank among its competitors?

Way ranks 502nd amongst 5128 active competitors, of which 211 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was BusRight, which secured $30M in Mar, 2026.

Who are the top competitors of Way?

Way's top competitors include Samsara, Wright Express and Omnitracs. Among them, BusRight secured the most recent funding round in March, 2026.

Way - 2026 Company Profile, Funding & Competitors

Way is a seed company based in Helsinki (Finland), founded in 2024. It operates as a Provider of fleet management software using vehicle manufacturer data connections. Way has raised $2.96M in funding from Pale Blue Dot. The company has 5128 active competitors, including 211 funded and 250 that have exited. Its top competitors include companies like Samsara, Wright Express and Omnitracs.

Company Details

Provider of fleet management software using vehicle manufacturer data connections. The software offers real-time fleet visibility, monitoring vehicle location, health, and usage. It provides insights into vehicle condition, driving behavior, and emissions. The system supports mixed fleets, including vans, trucks, electric vehicles, and internal combustion engine vehicles.

Website: www.way.cloud/
Email ID: *****@way.cloud

Key Metrics

Founded Year

2024

Location

Helsinki, Finland

Stage

Seed

Total Funding

$2.96M in 1 round

Latest Funding Round

Seed, May 27, 2025, $*****

Investors

Pale Blue Dot & 6 more

Ranked

502^nd among 5128 active competitors

Employee Count

9 as on Mar 31, 2026

Similar Companies

Wright Express & 1257 more

View Way's full profile

Way has raised a total funding of $2.96M over 1 round. Its latest funding round was a Seed round on May 27, 2025 for $*****. 7 investors participated in its latest round. Way has 3 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Way:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 27, 2025	9400196	Seed	5796461	5253452	9137151	1277652

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View details of Way's funding rounds and investors

Way's employee count trend

Way has 9 employees as of Mar 26. Here is Way's employee count trend over the years:

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Top competitors of Way include Samsara, Wright Express and Omnitracs. Here is the list of Top 10 competitors of Way, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Samsara 2015, San Francisco (United States), Public	Platform offering AI-powered and cloud-based vehicle tracking solutions for fleet owners	$915M	General Catalyst, Andreessen Horowitz & 13 others	86/100
2nd	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	NewStar Financial, Granite Health Growth Partners ... & 5 others	73/100
3rd	Omnitracs 1985, Dallas (United States), Acquired	Provider of cloud-based fleet management solutions	-	Apollo Investment Corporation, Partners For Growth ... & 1 others	71/100
4th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	69/100
5th	BusRight 2017, Boston (United States), Series C	Tech-enabled school-bus tracking and management solutions	$63.1M	Volition Capital, Underscore VC & 23 others	69/100
6th	HERE 1985, Eindhoven (Netherlands), Acquired	Developer of a unified map delivering location data and related services	-	NTT Group, Mitsubishi Corporation & 8 others	69/100
7th	Netradyne 2015, San Diego (United States), Series D	AI-powered fleet safety camera system	$297M	SoftBank Vision Fund, M12 & 11 others	67/100
8th	Radius 1990, San Francisco (United States), Acquired	Predictive marketing and sales platform	$333M	American Express Ventures, BBVA Ventures ... & 18 others	66/100
9th	Azuga 2013, San Jose (United States), Acquired	Provider of fleet management software and GPS fleet tracking solutions	-	-	66/100
10th	Motus 2004, Boston (United States), Acquired	Fleet management and mobile workforce solutions	-	TR Ventures, Permira	66/100
502nd	Way 2024, Helsinki (Finland), Seed	Provider of fleet management software using vehicle manufacturer data connections	$2.96M	10x Founders, Pale Blue Dot & 5 others	35/100