About WaveGuide
WaveGuide is a company based in Cambridge (United States) founded in 2010 by Gregg Hershenson and Marcus Semones. WaveGuide has raised $41.38 million across 6 funding rounds. The company has 6 employees as of December 31, 2022. WaveGuide offers products and services including WaveGuide Form µ la™. WaveGuide operates in a competitive market with competitors including Openwater, Hyperfine, Promaxo, InkSpace Imaging and MRIguidance, among others.
- Headquarter Cambridge, United States
- Employees 6 as on 31 Dec, 2022
- Founders Gregg Hershenson, Marcus Semones
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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
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- Legal Name Waveguide Corporation
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$41.38 M (USD)
in 6 rounds
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Latest Funding Round
$200 K (USD), Debt – Conventional
Jul 17, 2026
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Investors
Not available
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Employee Count
6
as on Dec 31, 2022
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Products & Services of WaveGuide
WaveGuide offers a comprehensive portfolio of products and services, including WaveGuide Form µ la™.
Portable NMR for detecting illnesses and quantifying material purity on site.
People of WaveGuide
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Funding Insights of WaveGuide
WaveGuide has successfully raised a total of $41.38M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 thousand completed in July 2026. 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.
Investments & Acquisitions by WaveGuide
Investment portfolio details for WaveGuide
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Financial Statements - WaveGuide
Detailed financials for WaveGuide
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Waveguide Comparisons
Peer comparison for WaveGuide
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Competitors of WaveGuide
WaveGuide 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 Openwater, Hyperfine, Promaxo, InkSpace Imaging and MRIguidance, among others.
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Provider of imaging technologies for medical diagnosis and treatments
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Portable MRI systems are manufactured for medical professionals.
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Portable MRI for prostate cancer screening is developed.
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Patented customized MRI coils are developed for pediatric applications.
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An MRI-based platform for bone diagnostics is provided.
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Upright multi-position MRI systems are developed for disease diagnostics.
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Detailed competitors of WaveGuide
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Latest news on Waveguide
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Frequently Asked Questions about WaveGuide
WaveGuide was founded in 2010 and raised its 1st funding round 5 years after it was founded.
WaveGuide is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Nelson Stacks is the current CEO of WaveGuide.
WaveGuide is a funded company, having raised a total of $41.38M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at WaveGuide is 6.
WaveGuide was founded in 2010 in Cambridge, United States, focusing on hand-held micro-nuclear magnetic resonance (µNMR) platform technology. Applications include point-of-care chemical analysis, logging while drilling for oil and gas detection, pipeline theft deterrence, asset protection for liquors, food, and pharmaceuticals, and early failure detection in military vehicle components. Proprietary molecular spectroscopy and diagnostic techniques are integrated into the system for these sectors.
WaveGuide offers WaveGuide Form µ la™.