About Wavii
Wavii is a company based in Seattle (United States) founded in 2008 was acquired by Google in April 2013.. Wavii has raised $2 million across 2 funding rounds from investors including Google, SV Angel and Felicis Ventures. Wavii offers products and services including Wavii App. Wavii operates in a competitive market with competitors including Toutiao, Otter.ai, News Break, Deepgram and DailyHunt, among others.
- Headquarter Seattle, United States
-
Sectors
Media & EntertainmentTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Wavii
Wavii offers a comprehensive portfolio of products and services, including Wavii App. 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.
App that summarizes web content into fast, fun updates for users.
Funding Insights of Wavii
Wavii has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in July 2010. 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 2
- Last Round Seed — $2.0M
-
First Round
First Round
(01 Mar 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2010 | Amount | Seed - Wavii | Valuation |
investors |
|
| Mar, 2009 | Amount | Debt – Convertible - Wavii | Valuation |
investors |
|
| 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 Wavii
Wavii has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, SV Angel and Felicis Ventures. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage investments are provided to transformative technology companies.
|
Founded Year | Domain | Location | |
|
Investments in technology startups are made by Felicis Ventures.
|
Founded Year | Domain | Location | |
|
Early-stage tech-focused VC firm investing primarily in the US
|
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 Wavii
| 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 - Wavii
| 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 |
Wavii Comparisons
Competitors of Wavii
Wavii 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 Toutiao, Otter.ai, News Break, Deepgram and DailyHunt, 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 |
Personalized news aggregator app
|
|
| domain | founded_year | HQ Location |
AI-based voice transcription for meetings is provided via cloud software.
|
|
| domain | founded_year | HQ Location |
Multi-category news is aggregated online by News Break.
|
|
| domain | founded_year | HQ Location |
AI-based speech transcription software is provided using deep learning models.
|
|
| domain | founded_year | HQ Location |
Multi-category news is curated and delivered in multiple languages.
|
|
| domain | founded_year | HQ Location |
Speech recognition applications are developed via cloud-based AI platform.
|
| 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.
|
Frequently Asked Questions about Wavii
When was Wavii founded?
Wavii was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is Wavii located?
Wavii is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Wavii a funded company?
Wavii is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Debt – Convertible of $287.5K, raised on Mar 01, 2009.
What does Wavii do?
Wavii was founded in 2008 in Seattle, United States, and operates in the technology and media sector. News across multiple categories is provided through an online platform. Status updates on celebrities, companies, politicians, and similar entities are generated automatically. Proprietary Natural Language Processing technology is used to scan articles and blogs from the web, remove duplicates from stories, and identify key events including political wins, breakups, acquisitions, and product launches.
Who are the top competitors of Wavii?
What products or services does Wavii offer?
Wavii offers Wavii App.
Who are Wavii's investors?
Wavii has 4 investors. Key investors include Google, SV Angel, Felicis Ventures, and Tuesday Capital.