About Waylay
Waylay is a company based in Ghent (Belgium) founded in 2014 by Piet Vandaele was acquired by Vertiv in August 2025.. Waylay has raised $1.34 million across 3 funding rounds from investors including Yokogawa, PMV and Vertiv. Waylay offers products and services including Enterprise Platform, Digital Twin, and FraudAway. Waylay operates in a competitive market with competitors including Matterport, Particle, Hexagon, PTC and Ayla Networks, among others.
- Headquarter Ghent, Belgium
- Founders Piet Vandaele
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Sectors
Technology
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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 Waylay Nv
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Products & Services of Waylay
Waylay offers a comprehensive portfolio of products and services, including Enterprise Platform, Digital Twin, and FraudAway. 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.
Low-code tool for workflow automation and system integration
No-code solution for predictive maintenance of industrial assets
Platform integrating hyperautomation and AI for financial security
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Funding Insights of Waylay
Waylay has successfully raised a total of $1.34M across 3 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 Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2014)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Waylay | Valuation |
investors |
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| Jan, 2017 | Amount | Series A - Waylay | Valuation |
investors |
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| Jun, 2014 | Amount | Seed - Waylay | Valuation |
investors |
| 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 |
Investors in Waylay
Waylay has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Yokogawa, PMV and Vertiv. 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 |
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Private debt funds are managed across multiple sectors.
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Founded Year | Domain | Location | |
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A private equity fund focused on co-investments is managed.
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Founded Year | Domain | Location | |
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Funding solutions for tech startups are provided by the accelerator.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Waylay
| 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 - Waylay
| 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 |
Waylay Comparisons
Competitors of Waylay
Waylay 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 Matterport, Particle, Hexagon, PTC and Ayla Networks, 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 cloud and AI-based virtual tour solutions for construction professionals
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Threat detection and vulnerability assessment for ICS/DCS/SCADA are provided.
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| domain | founded_year | HQ Location |
PTC is recognized as a global leader in product lifecycle management software.
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| domain | founded_year | HQ Location |
Provider of a platform for IoT and edge computing applications
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| domain | founded_year | HQ Location |
Provider of data integration, application modernization, and digital transformation solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Waylay
Frequently Asked Questions about Waylay
When was Waylay founded?
Waylay was founded in 2014.
Where is Waylay located?
Waylay is headquartered in Ghent, Belgium. It is registered at Ghent, East Flanders, Belgium.
Who is the current CEO of Waylay?
Leonard Donnelly is the current CEO of Waylay.
Is Waylay a funded company?
Waylay is a funded company, having raised a total of $1.34M across 3 funding rounds to date. The company's 1st funding round was a Seed of $60.71K, raised on Jun 01, 2014.
What does Waylay do?
Founded in 2014 and based in Ghent, Belgium, Waylay operates in the IoT sector. A cloud-based platform is provided to support advanced decision-making, automation, notifications, proactive maintenance, and troubleshooting. Graphical modeling based on Bayesian Networks is utilized, along with integrations for real-time decisions and monitoring with line-of-business applications. Solutions are targeted at energy, utilities, and smart buildings industries.
Who are the top competitors of Waylay?
Waylay's top competitors include Matterport, Particle and Software AG.
What products or services does Waylay offer?
Waylay offers Enterprise Platform, Digital Twin, and FraudAway.
Who are Waylay's investors?
Waylay has 5 investors. Key investors include Yokogawa, PMV, Vertiv, AAA Fund, and imec.istart.
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