About Third Wave Automation
Third Wave Automation is a Transportation, Automotive & Logistics company based in Union City (United States) founded in 2018 by Arshan Poursohi and Julian Mason. AI and cloud-driven automation is delivered for warehouse material handling. It operates in the Transportation, Automotive & Logistics, Retail, and Technology sectors. Third Wave Automation has raised $82 million across 4 funding rounds from investors including Zebra, Norwest Venture Partners and Qualcomm Ventures. Its chief executive, as recorded, is Arshan Poursohi. Third Wave Automation offers products and services including TWA Reach and ArmadaFMS. Its focus areas include Auto Tech, Autonomous Vehicles, Self Driving Technology and Off Highway Vehicles. Its legal entity is THIRD WAVE AUTOMATION, INC. Its competitors include GreyOrange, RightHand Robotics and Kindred; 3 of its 3 listed competitors have raised funding.
Company details
Third Wave Automation was founded in 2018 and is based in Union City, United States. Robotics software is developed for the supply chain and logistics sectors, focusing on autonomous material handling and picking in warehouses. Site-specific vehicle navigation is enabled, along with infrastructure-free pallet handling that adjusts to varying floor layouts and operational demands. Cloud integration supports adaptive warehouse solutions.
- Headquarters Union City, United States
- Founders Arshan Poursohi, Julian Mason
- SectorsTransportation, Automotive & LogisticsRetail Technology Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website thirdwave.ai
- Social LinkedIn X YouTube
- Legal Name Third Wave Automation, Inc
- Total Equity Funding$82M (USD)
in 4 rounds
- Latest Funding Round$27M (USD), Series C
Oct 2024
- InvestorsZebra
& 9 more
Products & Services of Third Wave Automation
Third Wave Automation offers a comprehensive portfolio of products and services, including TWA Reach and ArmadaFMS.
Shared autonomy reach truck for efficient warehouse material handling.
Tool for managing autonomous fleets and monitoring workflows.
Apps and channels of Third Wave Automation
its YouTube channel Third Wave Automation has 106 subscribers and 4 videos.
Videos from Third Wave Automation
The most watched videos on Third Wave Automation's YouTube channel, Third Wave Automation (106 subscribers). Click a video to play it here.
More on Third Wave Automation.
Funding Insights of Third Wave Automation
Third Wave Automation has successfully raised a total of $82M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $27 million completed in October 2024. 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 $82M
- Total Rounds 4
- Last Round Series C — $27M
- First Round $15M
(Jun 2020)
- Investors Count 10
All 4 funding rounds of Third Wave Automation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $27M | Series C | – | Woven Capital | |
| Feb 2023 | Series B | – | Zebra, Qualcomm Ventures | – | |
| Aug 2021 | $40M | Series B | – | Norwest Venture Partners | |
| Jun 2020 | $15M | Series A | – | Innovation Endeavors |
10 investors in total: 10 institutional.
Investors in Third Wave Automation
Third Wave Automation has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Zebra, Norwest Venture Partners and Qualcomm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global funding is provided to growth-stage mobility ventures. | woven.vc | Chuo, Japan | ||
Early-stage technology investments are targeted by this venture capital firm. | innovationendeavors.com | Palo Alto, United States | ||
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors. | 1961 | nvp.com | Menlo Park, United States | |
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Early-stage investments are made by Eclipse across multiple sectors. | eclipse.vc | Palo Alto, United States | ||
Venture capital firm and infrastructure firm investing in multiple sectors | toyota.ventures | Los Altos, United States | ||
Investments are directed by Heartland Ventures toward Midwest tech firms. | heartlandvc.com | South Bend, United States | ||
Capital and counsel are provided to mission-driven founders by Homebrew. | homebrew.co | Burlingame, United States | ||
Early-stage venture capital investments are made in innovative technologies by Toyota Ventures. | toyota-ai.ventures | Los Altos, United States | ||
Zebra Technologies is recognized for providing intelligent operation solutions globally. | 1969 | zebra.com | Lincolnshire, United States |
Investor details for Third Wave Automation
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Third Wave Automation
25 people are tracked at Third Wave Automation (12 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Arshan Poursohi | Co-Founder & CEO | Leadership |
Julian Mason | Co-Founder | Leadership |
Mac Mason | Co-Founder & CRO | Leadership |
Chris Lingamfelter | Vice President of Sales | Leadership |
Jennifer Brown | VP of Operations | Leadership |
James Bruce | Director Of Engineering | Leadership |
Sumit Jain | Director of Engineering | Leadership |
Thao Tran, PHR | Director of HR | Leadership |
Vinay Balan | Vice President, Operations & Customer Success, Product Safety Officer | Leadership |
Mahender Vangati | Director Of Software | Leadership |
Al Biglan | VP Of Engineering | Leadership |
Trevor Decker | Head Of Engineering Operations Group | Leadership |
Siva Sunkavalli | Software Engineer | Team |
Junha Roh | Software Engineer | Team |
Abhishek Kulkarni | Robotics Operations Engineer 2 | Team |
Lawrence G. | Technical Recruiting Consultant | Team |
Masa Iwama | Senior Manager IT And Infrastructure | Team |
Julian (Mac) Mason | Cofounder | Team |
Stephanie G. | Recruiting | Team |
SEJIN HAN | Robotics Engineer, Ops @TWA | Team |
5 more people are available in the full profile.
Complete people profiles for Third Wave Automation
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Third Wave Automation
3 dated milestones of Third Wave Automation across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Third Wave Automation is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series C, of $27.0M.
Competitors of Third Wave Automation
Third Wave Automation has 3 listed competitors in our database, 3 of them funded. They include GreyOrange, RightHand Robotics and Kindred.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| greyorange.com | 2012 | Roswell, United States | $545.23M | AI and SaaS-based robots for warehouse automation are provided. | ||
| righthandrobotics.com | 2014 | Cambridge, United States | $125.32M | 57 | AI-enabled robotic grippers for object picking are provided. | |
| kindred.ai | 2014 | San Francisco, United States | $28M | 5 | Provider of a pick and place robot for e-commerce applications |
Detailed competitors of Third Wave Automation
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Third Wave Automation
The website of Third Wave Automation (thirdwave.ai) receives about 4K visits a month.
- Monthly visits4K
Websites whose visitors overlap most with Third Wave Automation. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
builtinsf.com | builtinsf.com | 100% | #181,229 | – | |
| mixmode.ai | 60% | 6.8K | #3,201,859 | View details |
Top companies in Autonomous Vehicles
3 companies that operate in the same segment as Third Wave Automation (Autonomous Vehicles) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B | |||
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 |
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Related news about Third Wave Automation
Complete news archive for Third Wave Automation
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Frequently Asked Questions about Third Wave Automation
Third Wave Automation was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Third Wave Automation is headquartered in Union City, United States.
Arshan Poursohi is the CEO of Third Wave Automation, as recorded in our data. They have also founded this company.
Third Wave Automation is a funded company, having raised a total of $82M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jun 2020.
Third Wave Automation was founded in 2018 and is based in Union City, United States. Robotics software is developed for the supply chain and logistics sectors, focusing on autonomous material handling and picking in warehouses. Site-specific vehicle navigation is enabled, along with infrastructure-free pallet handling that adjusts to varying floor layouts and operational demands. Cloud integration supports adaptive warehouse solutions.
Third Wave Automation's top competitors include GreyOrange, RightHand Robotics and Kindred.
Third Wave Automation offers TWA Reach and ArmadaFMS.
Third Wave Automation has 10 investors. Key investors include Zebra, Norwest Venture Partners, Qualcomm Ventures, Woven Capital, and Innovation Endeavors.
Third Wave Automation operates through Third Wave Automation, Inc.