On Friday, November 19th, 2021, Wejo, leader in connected vehicle data, has finally completed a reverse merger with Virtuoso Acquisition Corp. at a $1 billion company valuation, and is currently trading on Nasdaq under the ticker $WEJO.
Riccardo Cirillo, Managing Partner at DIP says: “This is an outstanding achievement forRichard, and the whole team of Wejo. We are extremely proud to have supported the company over the years since the early days, and we are sure this huge milestone will be just the beginning of a successful journey for Wejo.
Richard Barlow, Wejo Founder and CEO, added: “We are deeply grateful to DIP for their support over a sustained period of time, helping us to reach this significant milestone. Team Wejo is driving growth through our patented cloud technology and unique data supply from 11.9 million vehicles live on our platform – from safer roads to reduced emissions and the acceleration of EV and AV driving”.