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Location World logo — We generate and implement powerful high-value business ecosy...

Location World

We generate and implement powerful high-value business ecosystems through Digital Transformation and the IoT

Founded 2008 Ecuador Ecuador 161 employees Information Technology, Insurtech +2

General Information

Company Name Location World
Founded Year 2008
Location Ecuador Ecuador
Founders / Decision Makers
Team member
Employees 161
Industries Information Technology, Insurtech, IoT +1
Business Model B2B, B2B2C, SaaS
Revenue Model Subscription, Usage Based, Service Fee
Social

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About Location World

Location World, an Ecuador-based company, has carved a niche in the Information Technology and IoT sectors since its founding in 2008. The firm specializes in creating high-value business ecosystems through digital transformation, enhancing industries such as automotive, transport, logistics, and insurance with connected technology solutions.

The founders boast over 20 years of experience in the development of technology firms across Fleet Management, Telematics, and Auto Conectado in Latin America. Notably, they were instrumental in launching ChevyStar, the region's pioneering OEM telematics solution, a venture rooted in collaboration with General Motors dating back to 2002.

A significant partnership with Waze in 2010 expanded Location World's influence, leading to an impressive user base of 13 million in just three years, a contributing factor to Google's acquisition of Waze for $1.3 billion in 2013. Currently, Location World continues its technological innovation with services across nine countries, leveraging IoT and advanced analytics through its CarSync® platform.

Business keywords: Digital Transformation, Internet of Things (IoT), Fleet Management, Telematics, Location-Based Services, Insurtech, Connected Car, Advanced Analytics, Vehicle Operators Optimization, Automotive Industry, Logistics Solutions, Security Solutions, Telematics SaaS, Platform as a Service (PaaS)

Services & Products

Connected Car Technology
Fleet Management Solutions
Telematics Integration
IoT Implementation
Business Platform Development

Target Customers

Corporate Customers Financial Service Providers Car Dealerships Insurance Companies Telecommunications Firms Security Firms Automotive Industry Stakeholders End-Users in Automotive Ecosystem

No funding data available for Location World yet.

Location World Alternatives & Competitors

Location World vs
ULU
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Location World vs
Waylay
Waylay Belgium

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Location World vs
Watsoo Telematics
Watsoo Telematics India

Delivering Innovations Through Intelligent IoT Solutions

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Also compare with: Location World vs Carota｜Intelligent Cloud Solutions ＆ Over-the-air (OTA) Partner Carota｜Intelligent Cloud Solutions ＆ Over-the-air (OTA) Partner Location World vs Zeliot Zeliot

FAQ About Location World

We generate and implement powerful high-value business ecosystems through Digital Transformation and the IoT
Location World was founded in 2008.
Location World is headquartered in Ecuador.
Location World operates in Information Technology, Insurtech, IoT and Logistics. Its work centres on Digital Transformation, Internet of Things (IoT), Fleet Management and Telematics. Its customers include Corporate Customers, Financial Service Providers and Car Dealerships.
Location World has a B2B, B2B2C and SaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
Location World has approximately 161 employees.
Location World offers: Connected Car Technology, Fleet Management Solutions, Telematics Integration, IoT Implementation, Business Platform Development.
Top alternatives and competitors to Location World include ULU, Waylay, Watsoo Telematics, Jooycar, Carota｜Intelligent Cloud Solutions ＆ Over-the-air (OTA) Partner. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Location World and ULU are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Location World, https://bouncewatch.com/company/location-world, updated 23 February 2026. When citing, please name BounceWatch and link this page.

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