WAVE SYSTEMS Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
14
- 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.comCorporate Office
- 26 Pearl Street
- Norwalk, CT 06850
- United States
Corporate Office
- 26 Pearl Street
- Norwalk, CT 06850
- United States
WAVE SYSTEMS Timeline
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 |
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% |
VC Exit Predictor
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WAVE SYSTEMS Comparisons
Industry
Financing
Details
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 |
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
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 |
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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