# WRLD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wrld

- Industry: Software
- Headquarters: Dundee, UK
- Website: www.wrld3d.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Jul 11, 2012)
- Investors on record: 1

## About

WRLD is a technology company specializing in 3D mapping and visualization solutions, catering to various industries by enhancing spatial awareness through immersive experiences.Founded in 2010 in Dundee, UK, WRLD focuses on developing innovative 3D mapping technologies that offer advanced spatial visualization. The company has undergone strategic pivots to enhance its offerings and has attracted funding from investors such as NetSol Technologies. With three total deals, their latest funding round occurred on March 16, 2016, raising USD 5.00 mn, which is also the total amount raised to date, and the current company valuation stands at USD 26.00 mn. Ian Hetherington is the founder, known for his previous ventures in the tech industry.WRLD provides advanced 3D mapping solutions that empower businesses to visualize spaces in an interactive manner. Their products enable users to create and experience detailed digital representations of environments, enhancing engagement and understanding for users across various sectors, including real estate, urban planning, and entertainment.In the most recent year of 2017, WRLD reported a revenue of USD 543,114.50, while the EBITDA for the same year was USD -4,538,160.60, indicating the company's financial trajectory as it develops its product offerings and market presence.WRLD plans to leverage its recent funding of USD 5.00 mn raised in March 2016 to expand its product line and enhance existing technologies. The company is focusing on launching new 3D mapping features aimed at industries that require precise spatial analysis within the next year. Additionally, WRLD is targeting expansion into North American and European markets by 2025, as it seeks to tap into the growing demand for 3D visualization solutions in these regions.

## Funding rounds

- Series A, Jul 11, 2012, $4.3M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A