Waypoint Labs

Cambridge, United States Founded: 2016 • Age: 10 yrs Acquired By PTC
AR-based field force automation solutions are provided for workforce training.
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About Waypoint Labs

Waypoint Labs is a company based in Cambridge (United States) founded in 2016 by Varun Mani and Umar Arshad was acquired by PTC in February 2018.. Waypoint Labs operates in a competitive market with competitors including Atheer, Librestream, Scope AR, Help Lightning and Augmentir, among others.

  • Headquarter Cambridge, United States
  • Founders Varun Mani, Umar Arshad
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    PTC

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    PTC

    (Feb 16, 2018)

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Funding Insights of Waypoint Labs

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2017 Amount Grant - Waypoint Labs 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 Waypoint Labs

Waypoint Labs has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include PTC and MassChallenge. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
Founded Year Domain Location
PTC is recognized as a global leader in product lifecycle management software.
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 Waypoint Labs

Investments
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 - Waypoint Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Waypoint Labs Comparisons

Employees
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Competitors of Waypoint Labs

Waypoint Labs 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 Atheer, Librestream, Scope AR, Help Lightning and Augmentir, 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
Augmented reality platform for enterprise applications is provided.
domain founded_year HQ Location
On-site video collaboration solutions are delivered to service businesses.
domain founded_year HQ Location
AR-based software for remote assistance support is provided.
domain founded_year HQ Location
Augmented reality solutions for remote collaboration are provided.
domain founded_year HQ Location
Provider of a platform offering AR solutions for industrial front-line workers
domain founded_year HQ Location
Provider of a cloud-based visual collaboration 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.

Latest news on Waypoint Labs

Frequently Asked Questions about Waypoint Labs

When was Waypoint Labs founded?

Waypoint Labs was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Waypoint Labs located?

Waypoint Labs is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Who is the current CEO of Waypoint Labs?

Umar Arshad is the current CEO of Waypoint Labs. They have also founded this company.

What does Waypoint Labs do?

Waypoint was founded in 2016 in Cambridge, United States, focusing on augmented reality technologies within the enterprise software sector. AR-based upskilling software has been developed to train frontline workers and distribute expert knowledge across organizations. Assets and environments are mapped in 3D through the platform, while worker progress is tracked and monitored to support field operations.

Who are the top competitors of Waypoint Labs?

Waypoint Labs's top competitors include Simulanis, Augmentir and TechSee.

Who are Waypoint Labs's investors?

Waypoint Labs has 2 investors. Key investors include PTC, and MassChallenge.

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