Wirescan

Lillesand, Norway Founded: 2005 • Age: 21 yrs
Digital cable health monitoring and management services are provided.

About Wirescan

Wirescan is a Technology company based in Lillesand (Norway) founded in 2005. Digital cable health monitoring and management services are provided. It operates on a SaaS (Software-as-a-Service) model. Wirescan has raised $3.85 million across 2 funding rounds from investors including Adara Ventures, Next47 and Procom Venture. The company has 6 employees. Wirescan offers products and services including Wirescan Digital and LIRA Technology. Its focus areas include Hardware and Cable Monitoring Solutions.

Company details

Cable condition monitoring is facilitated by Wirescan through advanced digital cloud-based solutions. The technology, powered by LIRA, is used to assess cable health in real-time, enabling predictive maintenance. Costs are reduced, unexpected shutdowns are prevented, and asset life is extended through data-driven insights. Sectors such as energy and infrastructure are primarily served with a focus on minimizing failure risks and optimizing maintenance schedules.

  • Headquarters Lillesand, Norway
  • Employees 6
  • Sectors
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website wirescan.no
  • Social LinkedIn X Instagram
Key Metrics
  • Annual Revenue
    $1.65 M (USD)
    17
    as on Dec 31, 2022
  • Net Profit
    $351.79 K (USD)
    40
    as on Dec 31, 2022
  • EBITDA
    $319.34 K (USD)
    46
    as on Dec 31, 2022
  • Total Equity Funding
    $3.85M (USD)

    in 2 rounds

  • Investors
  • Employee Count
    6

Products & Services of Wirescan

Wirescan offers a comprehensive portfolio of products and services, including Wirescan Digital and LIRA Technology.

Wirescan Digital
Cable Monitoring Solution

Cable health is monitored using advanced digital technology.

LIRA Technology
Cable Monitoring Technology

Cable condition is assessed with innovative LIRA technology.

Funding Insights of Wirescan

Wirescan has successfully raised a total of $3.85M across 2 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 $3.85M
  • Total Rounds 2
  • First Round $3.85M

    (May 2010)

  • Investors Count 3

All 2 funding rounds of Wirescan with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2025Series A––
May 2010$3.85MSeries A–Next47
Valuation history

3 investors in total: 3 institutional.

Investors in Wirescan

Wirescan has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Adara Ventures, Next47 and Procom Venture.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital funding is provided to technology startups by Adara Ventures.
adara.vcMadrid, Spain
Venture investments in systems, infrastructure, and applications for enterprise founders.
next47.com
procomventure.no
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Investor details for Wirescan

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Timeline of Wirescan

3 dated milestones of Wirescan across 20 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wirescan is founded.
  2. Funding First funding round of $3.9M.
  3. Funding Latest funding round, Series A,.
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Frequently Asked Questions about Wirescan

Wirescan was founded in 2005 and raised its 1st funding round 5 years after it was founded.

Wirescan is headquartered in Lillesand, Norway.

Wirescan is a funded company, having raised a total of $3.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.85M, raised on May 2010.

Wirescan has 6 employees.

Annual revenue of Wirescan is $1.65M as on Dec 31, 2022.

Cable condition monitoring is facilitated by Wirescan through advanced digital cloud-based solutions. The technology, powered by LIRA, is used to assess cable health in real-time, enabling predictive maintenance. Costs are reduced, unexpected shutdowns are prevented, and asset life is extended through data-driven insights. Sectors such as energy and infrastructure are primarily served with a focus on minimizing failure risks and optimizing maintenance schedules.

Wirescan offers Wirescan Digital and LIRA Technology.

Wirescan has 3 investors. Key investors include Adara Ventures, Next47, and Procom Venture.

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