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Richard B.
Founder & CEO, wejo
Richard Barlow is the Founder and CEO of Wejo, a company specializing in mobility intelligence and connected vehicle data. He established Wejo in 2014, building upon his extensive experience as a serial entrepreneur and his background in data exchange. Prior to founding Wejo, Barlow held several senior management roles, including CEO of Contact Centre Group Ltd and Technical Director at Eurocall Ltd.12
Background and Career
Barlow's interest in both fintech and automotive industries led him to recognize the potential of harnessing vast amounts of data generated by vehicles. Under his leadership, Wejo has become a leader in the mobility intelligence sector, collecting and analyzing billions of data points from connected vehicles globally. The company has partnered with significant industry players, including General Motors, which invested heavily in Wejo in 2019.13
Achievements
Wejo has achieved notable milestones, including:
- Data Collection: As of recent reports, Wejo has processed over 14.6 billion data points and analyzed millions of journeys across a network of connected vehicles.2
- Funding Success: The company has raised substantial funding through various rounds, including a successful SPAC merger that brought in $330 million in 2021.2
- Industry Partnerships: Wejo has formed partnerships with major companies like Microsoft and Palantir to enhance its data offerings.24
Current Status
Despite its previous successes, Wejo faced challenges and called in administrators in May 2023 due to financial difficulties stemming from a loss of investment capital.2 Nevertheless, Richard Barlow continues to be recognized for his contributions to the industry, having won awards such as the EY Entrepreneur Of The Year 2020 UK Disrupter award.1
Barlow's vision for Wejo emphasizes leveraging vehicle data to address future challenges within the automotive industry, positioning the company at the forefront of technological advancements in mobility.13