About Sofwave Enterprises
Sofwave Enterprises is a company based in Gold Beach (United States) founded in 2003.. Sofwave Enterprises has raised $8.4 million across 1 funding round from investors including XT Hi-Tech and Shimon Eckhouse. The company has 126 employees as of December 31, 2024. Sofwave Enterprises offers products and services including Sofwave™ and Pure Impact™. Sofwave Enterprises operates in a competitive market with competitors including Ultherapy, Reziena, CellSound, Sonify Biosciences and Ulvera AI, among others.
- Headquarter Gold Beach, United States
- Employees 126 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sofwave Medical Ltd.
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Annual Revenue
$60.55 M (USD)18.99as on Dec 31, 2024
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Net Profit
$-4.62 M (USD)44.88as on Dec 31, 2024
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EBITDA
$-1.88 M (USD)71.27as on Dec 31, 2024
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Total Equity Funding
$8.4 M (USD)
in 1 rounds
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Latest Funding Round
$8.4 M (USD), Series A
Aug 06, 2019
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Investors
XT Hi-Tech
& 1 more
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Employee Count
126
as on Dec 31, 2024
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IPO & Listings of Sofwave Enterprises
Sofwave Enterprises is a publicly listed company on the TASE with ticker symbol SOFW in Israel, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Sofwave Enterprises
Sofwave Enterprises offers a comprehensive portfolio of products and services, including Sofwave™ and Pure Impact™. 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.
Non-invasive ultrasound for skin lifting, wrinkle reduction, and regeneration.
Electrical stimulation for muscle toning, firming, and strengthening.
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Funding Insights of Sofwave Enterprises
Sofwave Enterprises has successfully raised a total of $8.4M through 1 strategic funding round. The most recent funding activity was a Series A round of $8.4 million completed in August 2019. 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 1
- Last Round Series A — $8.4M
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First Round
First Round
(06 Aug 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series A - Sofwave Enterprises | Valuation | XT Hi-Tech , Shimon Eckhouse |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sofwave Enterprises
Sofwave Enterprises has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include XT Hi-Tech and Shimon Eckhouse. 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 |
|---|---|---|---|---|
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Investments in Israeli high-tech startups are managed by XT Hi-Tech.
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Founded Year | Domain | Location | |
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SE
Shimon Eckhouse |
Indian angel investor, active in tech and healthcare startups, based in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Sofwave Enterprises
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sofwave Enterprises
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sofwave Enterprises Comparisons
Competitors of Sofwave Enterprises
Sofwave Enterprises 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 Ultherapy, Reziena, CellSound, Sonify Biosciences and Ulvera AI, 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 |
Non-invasive procedure FDA-cleared to lift skin on the neck, chin & brow.
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| domain | founded_year | HQ Location |
Anti-aging IoT devices for K-beauty skin treatments are developed.
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| domain | founded_year | HQ Location |
Non-invasive ultrasound treatments for facial and body rejuvenation are offered.
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| domain | founded_year | HQ Location |
Low-intensity ultrasound device is developed for skin cancer treatment.
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| domain | founded_year | HQ Location |
Offers personalized hands-free devices for body contouring, fat reduction, and muscle stimulation treatments.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sofwave Enterprises
Frequently Asked Questions about Sofwave Enterprises
When was Sofwave Enterprises founded?
Sofwave Enterprises was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Where is Sofwave Enterprises located?
Sofwave Enterprises is headquartered in Gold Beach, United States. It is registered at Gold Beach, Oregon, United States.
Who is the current CEO of Sofwave Enterprises?
Louis Scafuri is the current CEO of Sofwave Enterprises.
Is Sofwave Enterprises a funded company?
Sofwave Enterprises is a funded company, having raised a total of $8.4M across 1 funding round to date. The company's 1st funding round was a Series A of $8.4M, raised on Aug 06, 2019.
How many employees does Sofwave Enterprises have?
As of Dec 31, 2024, the latest employee count at Sofwave Enterprises is 126.
What is the annual revenue of Sofwave Enterprises?
Annual revenue of Sofwave Enterprises is $60.55M as on Dec 31, 2024.
What does Sofwave Enterprises do?
Sofwave Enterprises was founded in 2003 and is headquartered in Gold Beach, United States. Operations focus on the aesthetic medical sector, where ultrasound technology is developed for non-invasive applications. A skin tightening treatment platform has been created, integrating multiple proprietary methods to support enhanced solutions in dermatological procedures. The companys domain is sofwave.com, with Louis Scafuri serving as CEO.
Who are the top competitors of Sofwave Enterprises?
Sofwave Enterprises's top competitors include Ultherapy, Reziena and Sonify Biosciences.
What products or services does Sofwave Enterprises offer?
Sofwave Enterprises offers Sofwave™ and Pure Impact™.
Is Sofwave Enterprises publicly traded?
Yes, Sofwave Enterprises is publicly traded on TASE under the ticker symbol SOFW.
Who are Sofwave Enterprises's investors?
Sofwave Enterprises has 2 investors. Key investors include XT Hi-Tech, and Shimon Eckhouse.
What is Sofwave Enterprises's ticker symbol?
The ticker symbol of Sofwave Enterprises is SOFW on TASE.