When was Newswav founded?

Newswav was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Where is Newswav located?

Newswav is headquartered in Petaling Jaya, Malaysia.

Which legal entities is Newswav associated with?

Newswav is associated with NEWSWAV SDN. BHD.

How many employees does Newswav have?

As of Mar 31, 2026, the latest employee count at Newswav is 36.

Is Newswav a funded company?

Newswav is a funded company, having raised a total of $2.41M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 06, 2018.

How much is Newswav worth?

The latest valuation of Newswav is $***** as of Dec 20, 2021.

When was the latest funding round of Newswav?

Newswav's latest funding was a $***** Series A round on Dec 20, 2021, with participation from 1 investor.

Where does Newswav rank among its competitors?

Newswav ranks 51st amongst 8677 active competitors, of which 51 are funded. It stands 5th in terms of total funding among its competitors.

Who are the top competitors of Newswav?

Newswav's top competitors include Axios, Wirtualna Polska and The Quint. Among them, Newswav secured the most recent funding round in December, 2021.

Newswav - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based platform providing multi-category news. The platform provides news on politics, business & finance, food, entertainment, technology, sports, lifestyle, health, home & living and more. The mobile application is available for Android and iOS users.

Website: newswav.com
Social
Email ID: *****@newswav.com
Phone Number: +60 **********

Key Metrics

Founded Year

2017

Location

Petaling Jaya, Malaysia

Stage

Series A

Total Funding

$2.41M in 3 rounds

Latest Funding Round

Series A, Dec 20, 2021, $*****

Post Money Valuation

$***** as on Dec 20, 2021

Investors

pitchIN & 13 more

Ranked

51^st among 8677 active competitors

Employee Count

36 as on Mar 31, 2026

Similar Companies

Axios & 10568 more

View Newswav's full profile

Newswav is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWSWAV SDN. BHD CIN: 201701008480 , Malaysia, Active	Dec 31, 2016	-	-	-

Newswav has raised a total funding of $2.41M over 3 rounds. Its first funding round was on Jul 06, 2018. Its latest funding round was a Series A round on Dec 20, 2021 for $*****. 1 investor participated in its latest round. Newswav has 5 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Newswav:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 20, 2021	2325320	Series A	5258439	1738871	7766147	6531428
Jul 01, 2020	6072678	Seed	1476703	1484853	9831630	pitchIN & 2 more
Jul 06, 2018	1125506	Seed	8631523	4310978	BFM Capital & 2 more	Ng Kay Yip & 6 more

Access funding benchmarks and valuations. Sign up today!

View details of Newswav's funding rounds and investors

The founders of Newswav is Wai Hoow Swee.

Here are the details of Newswav's key team members:

Wai Hoow Swee: Founder of Newswav and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address

View details of Newswav's Founder profiles and Board Members

Newswav's employee count trend

Newswav has 36 employees as of Mar 26. Here is Newswav's employee count trend over the years:

Uncover Newswav's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Newswav include Axios, Wirtualna Polska and The Quint. Here is the list of Top 10 competitors of Newswav, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Axios 2016, Arlington (United States), Acquired	App-based platform offering multi-category news	$30M	Lerer Hippeau, Greycroft & 13 others	76/100
2nd	Wirtualna Polska 1995, Warsaw (Poland), Public	Digital news portal	-	Innova Capital, MCI Capital & 1 others	67/100
3rd	The Quint 2014, Noida (India), Acquired	App-based platform offering multi-category news	$5.83M	AMG Media Network	62/100
4th	ProPublica 2007, New York City (United States), Unfunded	App-based platform offering multi-category news	-	-	59/100
5th	Terra 1999, Brasilia (Brazil), Acquired	Online platform offering multi category news	-	-	59/100
6th	Asianet News 1993, Thiruvananthapuram (India), Funding Raised	Provider of news and entertainment content	-	-	58/100
7th	SiliconValley 1997, Denver (United States), Unfunded	Online platform offering multi-category news	-	-	58/100
8th	Exame 1967, Sao Paulo (Brazil), Unfunded	Online platform providing multi-category news	-	-	58/100
9th	The Daily Wire 2015, Nashville (United States), Unfunded	Online platform offering multi-category news	-	-	58/100
10th	The Federal Council 2014, Bern (Switzerland), Funding Raised	Online platform providing multi-category news	-	European Union	57/100
51st	Newswav 2017, Petaling Jaya (Malaysia), Series A	App-based platform providing multi-category news	$2.41M	YYX Capital, OSK Ventures International Berhad ... & 12 others	46/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Newswav's competitors? Click here to see the top ones

Founders (largest shareholder) own 42.06%, Funds own 25.83%, Enterprises own 2.63% and Angels own 6.45%. The net worth of Newswav's founders is INR 16.7M as of Dec 20, 2021.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	42.06%	16.7M	6811141	9329686	6293387	9040488
Wai Hoow Swee	1491344	1199360	5617470	4626007	1162808	9306515
Fund	25.83%	10.3M	8789645	5148442	3683516	6546194
OSK Ventures International Berhad	1190099	8376596	2141588	1994053	6236736	6778567
pitchIN	91476	57584	34211	95483	12637	14720
BFM Capital	1017	5101	2621	6926	5229	3237
Enterprise	2.63%	1.04M	28	53	40	46
Angel	6.45%	2.56M	123690	941886	706897	351786
Other People	23.04%	9.15M	1374610	2267502	8197419	7670881
Total	100.00%	3.97Cr	8976248	9886017	6534988	7447540