# W-locate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/w-locate

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.w-locate.com
- Total disclosed funding: $1M
- Latest round: Series A (Jul 29, 2016)
- Investors on record: 2

## About

W-locate is a technology company that specializes in advanced tracking and monitoring solutions for mobile assets, leveraging innovative systems for real-time visibility and management.W-locate is headquartered in Singapore and focuses on mobile asset tracking solutions. The company raised USD 510 thousand in Series A funding on July 29, 2016, with participation from National Research Foundation and returning investor TNF Ventures. CEO Stevie Ooi leads the company, which has executed two major investment deals to date.W-locate delivers advanced tracking solutions through its primary product, FIND (Fleet Intelligent Dynamics), which integrates various systems for real-time asset monitoring. Another product, XimLoc (patent pending), provides a cost-effective solution to limitations in traditional GPS technologies, particularly in indoor settings. The company caters to diverse industries such as logistics, construction, and urban development, marketing its services across North America, Europe, and Asia-Pacific.In the most recent year, W-locate generated a revenue of USD 1,457,786.50, while reporting an EBITDA of USD -210,883.40. The company primarily operates on a B2B revenue model through subscription-based services for FIND and XimLoc, offering tiered pricing plans to accommodate various business sizes and needs.W-locate plans to utilize the recent Series A funding of USD 510 thousand to enhance product development and expand market reach. The company is developing new features for FIND and XimLoc to improve service offerings. Additionally, W-locate has targeted expansion into new geographic markets, including Europe and the Asia-Pacific region, aiming for this growth by the end of 2018.

## Funding rounds

- Series A, Jul 29, 2016, $0.5M — National Research Foundation, TNF Ventures
- Seed, May 5, 2013, $0.5M — TNF Ventures

## Investors

- TNF Ventures (https://capitalatlas.ai/funds/tnf-ventures) — Seed, Series A
- National Research Foundation — Series A