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Wave

Our Closed Beta is LIVE! Want in? Join the waitlist for exclusive access. www.wavexr.com/waitlist

Founded 2016 United States Los Angeles, United States 112 employees Corporate Round Total: $42.50M Entertainment, VR/AR

General Information

Company Name Wave
Founded Year 2016
Location United States Los Angeles, United States
Founders / Decision Makers
Team member
Employees 112
Industries Entertainment, VR/AR
Funding Stage Corporate Round
Social

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About Wave

Wave is a virtual entertainment startup that hosts interactive live concerts, aiming to bring people closer through virtual experiences. Their slogan, "We create the world's most interactive live virtual concerts. The Show Must Go Beyond.," epitomizes their commitment. Founded in 2016 and headquartered in the United States, Wave has redefined the traditional concert experience by combining live music, gaming, and broadcast technology to create immersive and interactive shows called Waves. These shows are live-streamed globally on their platform and across various social and gaming channels, including YouTube, Twitter, Twitch, TikTok, Facebook, and Roblox.

Wave has been successful in attracting funding, with their Corporate Round investment at 03 May 2021 being backed by none other than the renowned Warner Music Group. This financial backing not only underscores the potential of Wave but also signifies the music industry's confidence in the startup's vision of transforming the live music landscape. With the support of a major player like Warner Music Group, Wave is likely to further expand its reach and solidify its position as a trailblazer in virtual entertainment.

Taxonomy: virtual entertainment, virtual concerts, avatars, virtual reality, mixed reality, live events, interactive experiences, livestreaming, gaming technology, social platforms, music industry, digital experiences, online performances, artist collaboration, audience engagement

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round Undisclosed 1
Warner Music Group
03 May 2021
Corporate Round Undisclosed 1
Tencent Music Entertainment
19 Nov 2020
Series B $30.00M 10
RRE Ventures, Upfront Ventures +8
10 Jun 2020
Series A $6.00M 10
RRE Ventures, Kleiner Perkins +8
19 Apr 2018
Series A Undisclosed 2
Proton Enterprises, Avex USA
12 Feb 2018
Seed Round $4.00M 5
RRE Ventures, Upfront Ventures +3
12 Apr 2017
Seed Round $2.50M 10
RRE Ventures, Luma Launch +8
05 Aug 2016

Wave Alternatives & Competitors

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Wave vs

Endless Riff is a networked virtual reality platform where music fans escape and bond with their fri...

Angel
1 employees
Entertainment, Music
Wave vs
NYX VX
NYX VX United Kingdom

Seamless connectivity - The Backbone of the Metaverse - EpicGames MegaGrant Recipient

5 employees
Entertainment, VR/AR
Wave vs
Volta XR
Volta XR United Kingdom

Design, perform and stream mixed reality experiences in minutes!

Seed
12 employees
Entertainment, VR/AR

FAQ About Wave

Our Closed Beta is LIVE! Want in? Join the waitlist for exclusive access. www.wavexr.com/waitlist
Wave was founded in 2016.
Wave is headquartered in Los Angeles, United States.
Wave operates in Entertainment and VR/AR. Its work centres on virtual entertainment, virtual concerts, avatars and virtual reality.
Wave has approximately 112 employees.
Wave has completed 7 funding rounds, raising a total of $42.50M. The latest funding stage is Corporate Round.
Top alternatives and competitors to Wave include Endless Riff, NYX VX, Volta XR, Club Cooee, Sensorium. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wave and Endless Riff are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Wave, https://bouncewatch.com/company/wave-1, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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