When was BluWave-ai founded?

BluWave-ai was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is BluWave-ai located?

BluWave-ai is headquartered in Ottawa, Canada. It is registered at 181 Walden Drive, Ottawa.

Who is the current CEO of BluWave-ai?

Devashish Paul of BluWave-ai. They have also founded 1 company.

How many employees does BluWave-ai have?

As of Sep 30, 2026, the latest employee count at BluWave-ai is 38.

Is BluWave-ai a funded company?

BluWave-ai is a funded company, having raised a total of $17.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 27, 2018.

When was the latest funding round of BluWave-ai?

BluWave-ai's latest funding was a $***** Series A round on Dec 15, 2022, with participation from 2 investors.

Where does BluWave-ai rank among its competitors?

BluWave-ai ranks 75th amongst 2509 active competitors, of which 406 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of BluWave-ai?

BluWave-ai's top competitors include Landis+Gyr, SPAN and Sense. Among them, Sense secured the most recent funding round in January, 2026.

BluWave-ai - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of artificial intelligence software for optimizing energy grid operations. The company provides solutions for smart grid optimization, data center energy management, and electric vehicle fleet orchestration. Its products support grid operators, utilities, and enterprises in managing energy storage and renewable energy resources. The company's technology also caters to off-grid microgrids and electric vehicle infrastructure.

Website: www.bluwave-ai.com/
Social
Email ID: *****@bluwave-ai.com
Registered Address: 181 Walden Drive, Ottawa

Key Metrics

Founded Year

2017

Location

Ottawa, Canada

Stage

Series A

Total Funding

$17.8M in 6 rounds

Latest Funding Round

Series A, Dec 15, 2022, $*****

Investors

Capital Angels Network & 8 more

Ranked

75^th among 2509 active competitors

Employee Count

38 as on Sep 30, 2026

Similar Companies

Landis+Gyr & 3705 more

View BluWave-ai's full profile

BluWave-ai is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Bluwave Inc. CIN: 10474584 , Canada, Active	Oct 31, 2017	-	-	-

BluWave-ai has raised a total funding of $17.8M over 6 rounds. Its first funding round was on Nov 27, 2018. Its latest funding round was a Series A round on Dec 15, 2022 for $*****. 2 investors participated in its latest round. BluWave-ai has 9 institutional investors.

Here is the list of recent funding rounds of BluWave-ai:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 15, 2022	5001348	Series A	5647667	4070830	7619956	7576688
Nov 17, 2022	3931886	Conventional Debt	3706760	6289625	2301210	FedDev Ontario
Apr 25, 2022	8201944	Series A	2610141	1925341	2904973	3357790

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View details of BluWave-ai's funding rounds and investors

The founders of BluWave-ai is Devashish Paul. Devashish Paul is the CEO of BluWave-ai.

Here are the details of BluWave-ai's key team members:

Devashish Paul: Founder & CEO of BluWave-ai.

BluWave-ai's Board of Directors

BluWave-ai's board has 4 active members. Rade Kovacevic, James Brewer, Devashish Paul and Pierre Rivard are independent board members.

Here is the list of BluWave-ai's board of directors:

Name	Type	Representing	Status	Duration
Rade Kovacevic	Independent board member	-	Current	2y 7m
x{gqwid	Independent board member	-	Current	8y 4m
kegtfnn	Independent board member	-	Current	5y 5m
r{{ucgs	Independent board member	-	Current	1y 2m

View details of BluWave-ai's Founder profiles and Board Members

BluWave-ai's employee count trend

BluWave-ai has 38 employees as of Sep 26. Here is BluWave-ai's employee count trend over the years:

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Top competitors of BluWave-ai include Landis+Gyr, SPAN and Sense. Here is the list of Top 10 competitors of BluWave-ai, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Landis+Gyr 1896, Cham (Switzerland), Acquired	Manufacturer of electric meters and grid edge data management software	$1.03B	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 34 others	73/100
3rd	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	Energy Impact Partners, IDO Investments & 21 others	71/100
4th	Bidgely 2011, Mountain View (United States), Series C	Provider of a solution for consumers to monitor and manage their household energy use	$87.7M	Khosla Ventures, Georgian & 11 others	70/100
5th	NetApp 1992, San Jose (United States), Public	Provider of cloud based platform offering software for enterprise data management	-	Greenleaf Trust, TA Associates & 5 others	70/100
6th	Fracttal 2014, Santiago (Chile), Series C	Cloud-based enterprise asset management solutions	$52.3M	Riverwood Capital, Scale Capital & 8 others	69/100
7th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Founders Fund, Summa Equity & 10 others	69/100
8th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, Aarem Ventures & 26 others	69/100
9th	Voltus 2016, San Francisco (United States), Public	Provider of demand response services for energy users and operators	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	67/100
10th	Univers 2003, Singapore (Singapore), Series A	Provider of comprehensive decarbonization solutions	$210M	HSG, GIC	66/100
75th	BluWave-ai 2017, Ottawa (Canada), Series A	Developer of artificial intelligence software for optimizing energy grid operations	$17.8M	FedDev Ontario, Ontario Centre of Innovation ... & 7 others	50/100