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 Sep 30, 2026, the latest employee count at Way is 11.

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 $7.54B in funding in 2026 to date.

Where does Way rank among its competitors?

Way ranks 499th amongst 5780 active competitors, of which 220 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Motive, which secured $1.3B in Sep, 2026.

Who are the top competitors of Way?

Way's top competitors include Samsara, Motive and Radius. Among them, Motive secured the most recent funding round in September, 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 5780 active competitors, including 220 funded and 270 that have exited. Its top competitors include companies like Samsara, Motive and Radius.

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

499^th among 5780 active competitors

Employee Count

11 as on Sep 30, 2026

Similar Companies

Wright Express & 1391 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	9487155	Seed	7429505	7291967	4825686	6723410

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View details of Way's funding rounds and investors

Way's employee count trend

Way has 11 employees as of Sep 26. Here is Way's employee count trend over the years:

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Top competitors of Way include Samsara, Motive and Radius. 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	Andreessen Horowitz, General Catalyst & 13 others	87/100
2nd	Motive 2013, San Francisco (United States), Series G	Developer of fleet management software and hardware for vehicle tracking	$1.87B	Greenoaks, G2 Venture Partners & 29 others	78/100
3rd	Radius 1990, Crewe (United Kingdom), Acquired	Predictive marketing and sales platform	$333M	BBVA Ventures, Founders Fund & 18 others	76/100
4th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 5 others	74/100
5th	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	71/100
6th	HERE 1985, Eindhoven (Netherlands), Acquired	Developer of a unified map delivering location data and related services	-	NTT Group, Mitsubishi Corporation & 8 others	71/100
7th	GreenRoad 2004, Austin (United States), Series E	Provider of fleet telematics and management solutions	$81.5M	Generation Investment Management, Benchmark ... & 7 others	68/100
8th	Nauto 2015, Palo Alto (United States), Series C	AI-powered fleet safety software using dual-facing cameras and predictive analytics	$215M	SoftBank Group, Allianz X & 17 others	67/100
9th	Netradyne 2015, San Diego (United States), Series D	Developer of artificial intelligence fleet safety and management camera systems	$297M	SoftBank Vision Fund, Point72 Ventures & 11 others	67/100
10th	Uptake 2014, Chicago (United States), Series D	Cloud-based platform for predictive analytics and asset performance management	$282M	Baillie Gifford, Revolution & 13 others	67/100
499th	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