what3words

what3words offers significant potential as a business with its innovative geolocation approach. By dividing the world into 3m x 3m squares and assigning each a unique three-word address, it provides a precise and user-friendly solution for pinpointing locations. This reduces errors and inefficiencies associated with traditional GPS coordinates or street addresses. The platform's simplicity and accuracy are particularly attractive to sectors like logistics and emergency services, where precise location data is crucial. Operating as a B2B SaaS company, what3words can generate revenue by licensing its technology to businesses that depend on accurate mapping, such as delivery services, ride-hailing apps, and drone operations. Backed by investors like Plug and Play Spain, what3words is well-positioned for growth and adoption.