WAVE SYSTEMS Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 14

Employees

  • Latest Deal Type
  • Buyout/​LBO
  • (In Progress)

  • Investors
  • 6

WAVE SYSTEMS General Information

Description

Developer of drowning detection systems designed to enhance swimmer safety in aquatic environments. The company's incident management technology identifies swimmers at risk of drowning and alerts staff in real time, enabling lifeguards to respond immediately and prevent fatalities, while being expanded to integrate with other safety devices, including automated external defibrillators and hazardous weather antennas.

Contact Information

Website
www.wavedds.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 26 Pearl Street
  • Norwalk, CT 06850
  • United States
+1 (888)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Other Commercial Products
Corporate Office
  • 26 Pearl Street
  • Norwalk, CT 06850
  • United States
+1 (888)

WAVE SYSTEMS Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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WAVE SYSTEMS Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Buyout/LBO 17-Sep-2026 In Progress Generating Revenue
6. Seed Round Upcoming Generating Revenue
5. Seed Round 06-Aug-2025 Completed Generating Revenue
4. Seed Round 01-Aug-2024 Completed Generating Revenue
3. Grant 03-May-2019 Completed Generating Revenue
2. Seed Round 20-Apr-2019 $212K $325K Completed Generating Revenue
1. Seed Round 15-Nov-2018 $112K $112K Completed Generating Revenue
To view WAVE SYSTEMS’s complete valuation and funding history, request access »

WAVE SYSTEMS Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed III
Seed II
Seed I 6,762,867 $0.000100 $0.34 $0.34 1x $0.34 86.21%
To view WAVE SYSTEMS’s complete cap table history, request access »

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Opportunity Score

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WAVE SYSTEMS Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of drowning detection systems designed to enhance swimmer safety in aquatic environments. The company's incide
Electronic Equipment and Instruments
Norwalk, CT
14 As of 2026

Stavanger, Norway
 

Binyamina-Giv'at Ada, Israel
 
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WAVE SYSTEMS Competitors (3)

One of WAVE SYSTEMS’s 3 competitors is SwimEye, a Venture Capital-Backed company based in Stavanger, Norway.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
SwimEye Venture Capital-Backed Stavanger, Norway
Coral Smart Pool Venture Capital-Backed Binyamina-Giv'at Ada, Israel
Maytronics Corporation Kibbutz Yizre'el, Israel
You’re viewing 3 of 3 competitors. Get the full list »

WAVE SYSTEMS Patents

WAVE SYSTEMS Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11715361-B2 Systems and methods for potential drowning incident detection Active 12-Apr-2017
US-20200020221-A1 Systems and methods for potential drowning incident detection Active 12-Apr-2017

WAVE SYSTEMS Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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WAVE SYSTEMS Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Launchpad Venture Group Angel Group Minority
Westchester Angels Angel Group Minority
CTNext Accelerator/Incubator
HBS Alumni Angels of Brazil Angel Group Minority
Ideaship Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

WAVE SYSTEMS FAQs

  • When was WAVE SYSTEMS founded?

    WAVE SYSTEMS was founded in 2016.

  • Where is WAVE SYSTEMS headquartered?

    WAVE SYSTEMS is headquartered in Norwalk, CT.

  • What is the size of WAVE SYSTEMS?

    WAVE SYSTEMS has 14 total employees.

  • What industry is WAVE SYSTEMS in?

    WAVE SYSTEMS’s primary industry is Electronic Equipment and Instruments.

  • Is WAVE SYSTEMS a private or public company?

    WAVE SYSTEMS is a Private company.

  • What is WAVE SYSTEMS’s current revenue?

    The current revenue for WAVE SYSTEMS is .

  • How much funding has WAVE SYSTEMS raised over time?

    WAVE SYSTEMS has raised $2.37M.

  • Who are WAVE SYSTEMS’s investors?

    Launchpad Venture Group, Westchester Angels, CTNext, HBS Alumni Angels of Brazil, and Ideaship are 5 of 6 investors who have invested in WAVE SYSTEMS.

  • Who are WAVE SYSTEMS’s competitors?

    SwimEye, Coral Smart Pool, and Maytronics are competitors of WAVE SYSTEMS.

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