About Wave
Wave is a Media & Entertainment company based in Austin (United States) founded in 2016. Wave is focused on virtual entertainment for artists and creators. It operates on a On-Demand Services model in Media & Entertainment and Technology sectors. 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. Its focus areas include Entertainment Technology and Virtual Events. Its competitors include AmazeVR, Trubify and Amaze; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$42.5M (USD)
in 6 rounds
- InvestorsWarner Music
& 26 more
Products & Services of Wave
Wave offers a comprehensive portfolio of products and services, including Wave Shows.
A platform for artists to host virtual shows.
Apps and channels of Wave
its YouTube channel Wave has 3.84K subscribers and 30 videos.
Videos from Wave
The most watched videos on Wave's YouTube channel, Wave (3.84K subscribers). Click a video to play it here.
More on Wave.
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 $42.5M
- Total Rounds 6
- First Round $2.5M
(Aug 2016)
- Investors Count 27
All 6 funding rounds of Wave 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 |
|---|---|---|---|---|---|
| May 2021 | Series B | – | Warner Music | – | |
| Nov 2020 | Series B | – | Tencent Music | – | |
| Jun 2020 | $30M | Series B | – | Maveron | |
| Apr 2018 | $6M | Series A | – | RRE Ventures | |
| Apr 2017 | $4M | Series A | – | – | |
| Aug 2016 | $2.5M | Seed | – | Kleiner Perkins, Presence Capital |
27 investors in total: 19 institutional and 8 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in consumer businesses, emphasizing technology and human behavior. | maveron.com | |||
Venture capital funding and investments in the gaming industry, including software and platforms. | griffingp.com | |||
NTT Group backed venture capital fund | nttdocomo-v.com | Minato, Japan | ||
| raisedinspace.com | ||||
Venture capital firm backed by Pernod Ricard | convivialite-ventures.com | San Francisco, United States | ||
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
Venture capital funding is provided to early-stage companies. | upfront.com | Los Angeles, United States | ||
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Early-stage tech-focused VC firm investing in geographies such as the US | thevrfund.com | San Francisco, United States | ||
Multiple sectors are targeted for venture capital investments by Greycroft. | greycroft.com | New York, United States |
Investor details for Wave
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Wave
45 people are tracked at Wave (15 in leadership, 10 in board & advisors, 20 in team).
| Name | Role | Group |
|---|---|---|
Mike Fischer | Investor | Leadership |
Jeffrey DeMoss | Executive Assistant to Chief Executive Officer | Leadership |
Matt Shaw | Chief Technology Officer | Leadership |
Aaron Lemke | Chief Creative Officer, Co-Founder | Leadership |
Tina Rubin | Chief Marketing Officer | Leadership |
Adam Arrigo | Chief Executive Officer, Co-Founder | Leadership |
Adam Siegel | Chief Product Officer | Leadership |
Karen Kieves | Director of Creator Partnerships & Marketing | Leadership |
Ryan Chesley | Head of Product | Leadership |
Bill Mauer | Vice President Of Engineering | Leadership |
David Battilana | Sr. Art Development Director | Leadership |
Shane Holloway | Head of IT | Leadership |
Mike Krentz | Art Director | Leadership |
Sean Dunn | Chief Architect | Leadership |
Gary Shenk | President | Leadership |
Alice Lloyd George | Advisor | Board & advisors |
Jon Goldman | Advisor | Board & advisors |
Scooter Braun | Advisor | Board & advisors |
Steve Martocci | Advisor | Board & advisors |
Jeremy Welt | Advisor | Board & advisors |
25 more people are available in the full profile.
Complete people profiles for Wave
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wave
3 dated milestones of Wave across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Wave is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series B,.
Competitors of Wave
Wave has 3 listed competitors in our database, 3 of them funded. They include AmazeVR, Trubify and Amaze.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amazevr.com | 2015 | West Hollywood, United States | $41.5M | VR music concerts are provided through immersive technology for fans. | ||
| trubify.com | 2020 | Newport Beach, United States | $4.3M | Live music performances are streamed through an app-based platform. | ||
| amaze.us | 2002 | Sunnyvale, United States | $21.12M | Virtual reality-enabled live music concert streaming solution is provided. |
Detailed competitors of Wave
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wave
The website of Wave (wavexr.com) receives about 7.1K visits a month.
- Monthly visits7.1K
▲ 46.8% vs previous month
Top companies in Music Tech
3 companies that operate in the same segment as Wave (Music Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-generated music and lyrics are created on an online platform. | 2021 | Cambridge, Massachusetts, United States | USD 775 M | 497 | ||
Broadcast radio channels are aggregated and streamed through subscriptions. | 2002 | San Francisco, California, United States | USD 98.35 M | |||
Decentralized audio distribution is enabled for creators via blockchain technology. | 2018 | San Francisco, California, United States | USD 16.1 M | 44 |
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Related news about Wave
Complete news archive for Wave
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wave
Wave was founded in 2016.
Wave is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
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 Seed of $2.5M, raised on Aug 2016.
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.
Wave offers Wave Shows.
Wave has 27 investors. Key investors include Warner Music, Kleiner Perkins, Seedcamp, Tencent Music, and AVEX.