Wave

Austin, United States Founded: 2016 • Age: 10 yrs
Wave is focused on virtual entertainment for artists and creators.
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About Wave

Wave is a company based in Austin (United States) founded in 2016. It operates as a On-Demand Services. Wave has raised $42.5 million across 6 funding rounds from investors including Warner Music, Kleiner Perkins and Seedcamp. Wave offers products and services including Wave Shows. Wave operates in a competitive market with competitors including Stingray, Condense Live, AmazeVR, MelodyVR and Trubify, among others.

  • Headquarter Austin, United States
  • Sectors
    Media & Entertainment
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Media & Entertainment → Music, Audio & Performing Arts
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $42.5 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Warner Music

    & 26 more

  • Employee Count
    Employee Count
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Products & Services of Wave

Wave offers a comprehensive portfolio of products and services, including Wave Shows. 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.

Primary

A platform for artists to host virtual shows.

People of Wave
Headcount 50-200
Employee Profiles 34
Board Members and Advisors 11
Employee Profiles
People
Kevin Fredericks
Server Engineer
People
Jeffrey DeMoss
Executive Assistant to Chief Executive Officer
People
Matt Shaw
Chief Technology Officer
People
Elizabeth Moody
General Counsel

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Board Members and Advisors
people
Alice Lloyd George
Advisor
people
Jon Goldman
Advisor
people
Mike Fischer
Advisor
people
Scooter Braun
Advisor

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Funding Insights of Wave

Wave has successfully raised a total of $42.5M across 6 strategic funding rounds. 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 Rounds 6
  • Last Round
  • First Round

    (05 Aug 2016)

  • Investors Count 27
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Series B - Wave Valuation Warner Music
Nov, 2020 Amount Series B - Wave Valuation Tencent Music
Jun, 2020 Amount Series B - Wave Valuation Maveron
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 Wave

Wave has secured backing from 27 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Warner Music, Kleiner Perkins and Seedcamp. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
Founded Year Domain Location
Venture capital funding and investments in the gaming industry, including software and platforms.
Founded Year Domain Location
NTT Group backed venture capital fund
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 Wave

Investments
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

Financial Statements - Wave

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Wave Comparisons

Employees
+
Add Comparison
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Competitors of Wave

Wave 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 Stingray, Condense Live, AmazeVR, MelodyVR and Trubify, 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
B2B multi-platform music and media solutions are delivered globally.
domain founded_year HQ Location
A metaverse platform is offered for live streaming events.
domain founded_year HQ Location
VR music concerts are provided through immersive technology for fans.
domain founded_year HQ Location
Immersive VR music experiences are produced and distributed globally.
domain founded_year HQ Location
Live music performances are streamed through an app-based platform.
domain founded_year HQ Location
Virtual reality-enabled live music concert streaming solution is provided.
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 Wave

Frequently Asked Questions about Wave

When was Wave founded?

Wave was founded in 2016.

Where is Wave located?

Wave is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is Wave a funded company?

Wave is a funded company, having raised a total of $42.5M across 6 funding rounds to date. The company's 1st funding round was a Series B of $30M, raised on Aug 05, 2016.

What does Wave do?

Wave is dedicated to providing a platform for artists and creators to host virtual shows and events. The service is designed to connect performers with audiences in innovative ways. Solutions are tailored for the entertainment sector, emphasizing digital engagement. The platform supports various forms of creative expression through technology.

Who are the top competitors of Wave?

Wave's top competitors include MelodyVR, Trubify and Condense Live.

What products or services does Wave offer?

Wave offers Wave Shows.

Who are Wave's investors?

Wave has 27 investors. Key investors include Warner Music, Kleiner Perkins, Seedcamp, Tencent Music, and AVEX.

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