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 5 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
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Net Profit
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EBITDA
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Total Equity Funding
$41.38 M (USD)
in 5 rounds
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Latest Funding Round
$3 M (USD), Debt – Conventional
May 06, 2025
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Investors
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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™. 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.
Portable NMR for detecting illnesses and quantifying material purity on site.
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Funding Insights of WaveGuide
WaveGuide has successfully raised a total of $41.38M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3 million completed in May 2025. 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 5
- Last Round Debt – Conventional — $3.0M
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First Round
First Round
(10 Apr 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Debt – Conventional - WaveGuide | Valuation |
investors |
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| May, 2022 | Amount | Series B - WaveGuide | Valuation |
investors |
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| May, 2019 | Amount | Series A - WaveGuide | Valuation |
investors |
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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 |
Investments & Acquisitions by WaveGuide
| 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 - WaveGuide
| 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 |
Waveguide Comparisons
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. 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 |
Provider of imaging technologies for medical diagnosis and treatments
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| domain | founded_year | HQ Location |
Portable MRI systems are manufactured for medical professionals.
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| domain | founded_year | HQ Location |
Portable MRI for prostate cancer screening is developed.
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| domain | founded_year | HQ Location |
Patented customized MRI coils are developed for pediatric applications.
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| domain | founded_year | HQ Location |
An MRI-based platform for bone diagnostics is provided.
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| domain | founded_year | HQ Location |
Upright multi-position MRI systems are developed for disease diagnostics.
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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 Waveguide
Frequently Asked Questions about WaveGuide
When was WaveGuide founded?
WaveGuide was founded in 2010 and raised its 1st funding round 5 years after it was founded.
Where is WaveGuide located?
WaveGuide is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of WaveGuide?
Nelson Stacks is the current CEO of WaveGuide.
Is WaveGuide a funded company?
WaveGuide is a funded company, having raised a total of $41.38M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.62M, raised on Apr 10, 2015.
How many employees does WaveGuide have?
As of Dec 31, 2022, the latest employee count at WaveGuide is 6.
What does WaveGuide do?
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.
Who are the top competitors of WaveGuide?
What products or services does WaveGuide offer?
WaveGuide offers WaveGuide Form µ la™.
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