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8th June 2021

Seneca Partners portfolio company Wejo plans for US $1bn Nasdaq listing

Seneca Partners, the specialist SME investment business based in the North West has announced that EIS portfolio company, Manchester-based Wejo Limited, a leader in connected vehicle data, is to go public through a reverse merger with Virtuoso Acquisition Corp (VOSO.O) at an estimated $1.1billion pro forma equity value. Seneca Partners first invested in Wejo via its EIS portfolio service in 2016 and with further funding rounds to assist in the company’s continued  growth .  

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