About Waygum
Waygum is a Technology company based in Dublin (United States) founded in 2013. Mobile layer for industrial IoT is developed by Waygum. Waygum has raised $1.5 million across 4 funding rounds from investors including Munich Re, Cisco Investments and Tyco. Its focus areas include High Tech, Internet of Things Infrastructure, IoT Platforms and Development platforms. Its legal entity in India is Waygum Software Private Limited (U74999TN2015PTC100542). Its competitors include PubNub, ThingWorx and Losant; 3 of its 3 listed competitors have raised funding.
Company details
Waygum was founded in 2013 and is headquartered in Dublin, United States. Focus is placed on the industrial internet of things sector, where a mobile layer is developed to enable connectivity and operations for industrial applications. Services encompass software solutions that integrate mobile technologies with IoT devices, supporting data management and remote access in manufacturing and industrial environments. Geography is centered in the United States, with domain operations via waygum.io.
- Headquarters Dublin, United States
- SectorsTechnology
- Website waygum.io
- Social LinkedIn X
- Legal Name Waygum Software Private Limited
- Date of Incorporation 18 May, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity net loss-₹2.7 Lakh
FY 2021 · 0% margin
- Indian entity EBITDA-₹2.5 Lakh
FY 2021 · 0% margin
- Total Equity Funding$1.5M (USD)
in 4 rounds
- InvestorsMunich Re
& 4 more
Associated legal entities of Waygum
Waygum operates through Waygum Software Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Waygum Software Private Limited CIN U74999TN2015PTC100542 | Strike Off | 18 May 2015 | Chennai, Tamil Nadu | 2 | View details |
Funding Insights of Waygum
Waygum has successfully raised a total of $1.5M across 4 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 $1.5M
- Total Rounds 4
- Investors Count 5
All 4 funding rounds of Waygum 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 |
|---|---|---|---|---|---|
| Apr 2015 | Series A | – | – | ||
| Mar 2015 | $1.5M | Series A | – | – | |
| Oct 2014 | $75,000 | Grant | – | – | |
| Jun 2014 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Waygum
Waygum has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Munich Re, Cisco Investments and Tyco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investments and expertise in networking, cloud, and security services. | 2003 | ciscoinvestments.com | San Jose, United States | |
Enterprise startups are accelerated via a 6-month program. | alchemistaccelerator.com | San Francisco, United States | ||
Investments in technology sectors are managed by Navitas Capital. | navitascap.com | Los Angeles, United States | ||
Platform offering insurance risk management solutions | 1880 | munichre.com | Munich, Germany | |
Fire, CCTV, and access control security solutions are provided. | 1960 | tyco.com | Princeton, United States |
Investor details for Waygum
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Waygum Software Private Limited (Waygum)
Waygum Software Private Limited is the primary company behind Waygum. The board of Waygum Software Private Limited currently have 2 directors; the longest-serving is Gnanasundar Krishnaswami, appointed in 2015. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gnanasundar Krishnaswami DIN 07141360 | Director | 18 May 2015 | 11 yrs 5 mo | Waygum Software Private Limited |
| Ansul Bubna DIN 07820794 | Director | 15 Mar 2018 | 8 yrs 8 mo | Waygum Software Private Limited |
People of Waygum
1 people are tracked at Waygum (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sundar Krish | Founder & CEO | Leadership |
Complete people profiles for Waygum
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Waygum
Figures of Waygum Software Private Limited, the primary company behind Waygum, for FY 2021. Net loss was -₹2.7 Lakh (0% margin). EBITDA was -₹2.5 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years and -100% over five years.
- -₹2.7 LakhNet loss · 0% margin
- -₹2.5 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
- -100%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Waygum Software Private Limited are on its company page.
Detailed financial statements for Waygum
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of Waygum
3 dated milestones of Waygum across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Waygum is founded.
- Funding First funding round.
- Funding Latest funding round, Series A,.
Competitors of Waygum
Waygum has 3 listed competitors in our database, 3 of them funded. They include PubNub, ThingWorx and Losant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pubnub.com | 2010 | San Francisco, United States | $134.6M | 55 | Real-time app development is facilitated via cloud-based infrastructure. | |
| thingworx.com | 2009 | Boston, United States | $18.4M | 2,559 | Platform to build and run applications for connected devices | |
| losant.com | 2015 | Cincinnati, United States | $25.21M | 15 | Cloud-based platform for IoT application development is provided. |
Detailed competitors of Waygum
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Waygum (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
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Related news about Waygum
Complete news archive for Waygum
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Frequently Asked Questions about Waygum
Waygum was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Waygum is headquartered in Dublin, United States.
Waygum is a funded company, having raised a total of $1.5M across 4 funding rounds to date.
Waygum was founded in 2013 and is headquartered in Dublin, United States. Focus is placed on the industrial internet of things sector, where a mobile layer is developed to enable connectivity and operations for industrial applications. Services encompass software solutions that integrate mobile technologies with IoT devices, supporting data management and remote access in manufacturing and industrial environments. Geography is centered in the United States, with domain operations via waygum.io.
Waygum has 5 investors. Key investors include Munich Re, Cisco Investments, Tyco, Alchemist Accelerator, and Navitas Capital.
Waygum operates through Waygum Software Private Limited.
The legal entities of Waygum currently have 2 directors, including Gnanasundar Krishnaswami, Ansul Bubna.