About Greenwave Systems
Greenwave Systems is a company based in Irvine (United States) founded in 2008.. Greenwave Systems has raised $116.32 million across 8 funding rounds from investors including Bank of America, E.ON and Business Development Corporation of America. The company has 13 employees as of December 31, 2022. Greenwave Systems has completed 1 acquisition, including Predixion Software. Greenwave Systems offers products and services including WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform. Greenwave Systems operates in a competitive market with competitors including Particle, ecobee, PTC, Signify and Landis+Gyr, among others.
- Headquarter Irvine, United States
- Employees 13 as on 31 Dec, 2022
-
Sectors
TechnologyBusiness Services Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Greenwave Systems Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$116.32 M (USD)
in 8 rounds
-
Latest Funding Round
$45.07 M (USD), Series C
Jan 05, 2016
-
Investors
Bank of America
& 7 more
-
Employee Count
13
as on Dec 31, 2022
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Greenwave Systems
Greenwave Systems offers a comprehensive portfolio of products and services, including WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software-defined NaaS platform for virtual network operations
Enables secured IoT connected services without infrastructure
Facilitates mobile network switching for global connectivity
Provides SIM services for international travel and roaming
Platform for managing SIMs and data services worldwide
Unlock access to complete
Funding Insights of Greenwave Systems
Greenwave Systems has successfully raised a total of $116.32M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $45.07 million completed in January 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $45.1M
-
First Round
First Round
(16 Jun 2010)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Debt – Conventional - Greenwave Systems | Valuation |
investors |
|
| Jan, 2016 | Amount | Series C - Greenwave Systems | Valuation | EDBI | |
| Oct, 2013 | Amount | Series B - Greenwave Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Greenwave Systems
Greenwave Systems has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bank of America, E.ON and Business Development Corporation of America. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Government-backed investments are directed toward healthcare, fintech, and various sectors.
|
Founded Year | Domain | Location | |
|
ST Telemedia is engaged in communications, data centres, and infrastructure technology investments globally.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Greenwave Systems
Greenwave Systems has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Predixion Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based predictive analytics solutions are integrated with Microsoft BI tools.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Greenwave Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Greenwave Systems Comparisons
Competitors of Greenwave Systems
Greenwave Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, PTC, Signify and Landis+Gyr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
|
|
| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
|
|
| domain | founded_year | HQ Location |
PTC is recognized as a global leader in product lifecycle management software.
|
|
| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
|
|
| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Greenwave Systems
Frequently Asked Questions about Greenwave Systems
When was Greenwave Systems founded?
Greenwave Systems was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Greenwave Systems located?
Greenwave Systems is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Greenwave Systems a funded company?
Greenwave Systems is a funded company, having raised a total of $116.32M across 8 funding rounds to date. The company's 1st funding round was a Series B of $19M, raised on Jun 16, 2010.
How many employees does Greenwave Systems have?
As of Dec 31, 2022, the latest employee count at Greenwave Systems is 13.
What does Greenwave Systems do?
Greenwave Systems was founded in 2008 in Irvine, United States, within the IoT sector. Operations focus on the Greenwave 360 methodology, which supports end-to-end managed service deployment from business needs assessment to analytics. The Axon platform is employed to standardize devices, allowing developers and customers to create tailored applications. Services are extended to various industries via this infrastructure.
Who are the top competitors of Greenwave Systems?
Greenwave Systems's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Greenwave Systems offer?
Greenwave Systems offers WAVELY Platform, Mobile IOT, IMSI Switching, Travel SIM, and SIM Management Platform.
How many acquisitions has Greenwave Systems made?
Greenwave Systems has made 1 acquisition, including Predixion Software.
Who are Greenwave Systems's investors?
Greenwave Systems has 8 investors. Key investors include Bank of America, E.ON, Business Development Corporation of America, EDBI, and ST Telemedia.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.