When was ThruWave founded?

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

Where is ThruWave located?

ThruWave is headquartered in Seattle, United States. It is registered at Seattle,Washington.

How many employees does ThruWave have?

As of Mar 31, 2026, the latest employee count at ThruWave is 7.

Is ThruWave a funded company?

ThruWave is a funded company, having raised a total of $8.6M across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 01, 2018.

When was the latest funding round of ThruWave?

ThruWave's latest funding was a $***** Seed round on Sep 03, 2020, with participation from 7 investors.

Where does ThruWave rank among its competitors?

ThruWave ranks 17th amongst 112 active competitors, of which 40 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Constems-AI, which secured $2M in Mar, 2026.

Who are the top competitors of ThruWave?

ThruWave's top competitors include AWM, Calterah Semiconductor and FARO Technologies. Among them, Constems-AI secured the most recent funding round in March, 2026.

ThruWave - 2026 Company Profile, Team, Funding & Competitors

Company Details

Automated mmWave imaging solutions for quality, security, and process improvement. The company provides innovative solutions leveraging mmWave imaging and AI / machine learning to automate processes across security and e-commerce industries. Their technology enables seeing inside sealed packaging, automatically verifying quality and security concerns in real time at conveyor speeds. The solutions cater to contraband and threat detection in mail services and securities, as well as supply chain and quality control in e-commerce and manufacturing. They offer benchtop, standalone, and integrated inspection systems, easily retrofitting to existing material handling infrastructure. The company designs, builds, and sells proprietary mmWave imaging systems, image reconstruction software, and data analytics software, improving accuracy, efficiency, and safety. This is a tech company offering software and hardware solutions.

Website: thruwave.com
Social
Email ID: *****@thruwave.com
Registered Address: Seattle,Washington

Key Metrics

Founded Year

2017

Location

Seattle, United States

Stage

Seed

Total Funding

$8.6M in 4 rounds

Latest Funding Round

Seed, Sep 03, 2020, $*****

Investors

Ubiquity Ventures & 11 more

Ranked

17^th among 112 active competitors

Employee Count

7 as on Mar 31, 2026

Similar Companies

Calterah Semiconductor & 103 more

View ThruWave's full profile

ThruWave is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
THRUWAVE, INC. CIN: 821607454 , United States, Active	Dec 31, 1999	-	10 (As on Dec 31, 2024)	-

ThruWave has raised a total funding of $8.6M over 4 rounds. Its first funding round was on Jan 01, 2018. Its latest funding round was a Seed round on Sep 03, 2020 for $*****. 7 investors participated in its latest round. ThruWave has 12 institutional investors.

Here is the list of recent funding rounds of ThruWave:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2020	1824283	Seed	6262367	8699235	1823631	3755904
May 01, 2020	3155275	Grant (prize money)	4265704	3034775	8112545	America’s Seed Fund
2018	8079	Grant (prize money)	4094	9665	4568	National Science Foundation

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View details of ThruWave's funding rounds and investors

The founders of ThruWave are Claire Watts, Andreas Pedrob-Engel, Matt Reynolds and Andreas Engel.

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

Claire Watts: Co-Founder of ThruWave. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Andreas Pedrob-Engel: Co-Founder of ThruWave.
Contact Info: 1 email address
Matt Reynolds: Co-Founder & CEO of ThruWave.
Contact Info: 1 email address
Andreas Engel: Founder & Chief Technical Officer of ThruWave.

View details of ThruWave's Founder profiles and Board Members

ThruWave's employee count trend

ThruWave has 7 employees as of Mar 26. Here is ThruWave's employee count trend over the years:

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Top competitors of ThruWave include AWM, Calterah Semiconductor and FARO Technologies. Here is the list of Top 10 competitors of ThruWave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AWM 2016, Aliso Viejo (United States), Series A	Provider of AI-based business automation solution for retail businesses	$45.1M	Datalogic, Lagomaj & 4 others	62/100
2nd	Calterah Semiconductor 2014, Shanghai (China), Series D	Developer of CMOS millimeter wave radar sensors	-	Bank of Communications, Gopher Assets & 11 others	61/100
3rd	FARO Technologies 1981, Lake Mary (United States), Acquired	Developer of 3D scanners for coordinate measurements	$1.5M	White Hat Capital Partners	60/100
4th	Airy 3D 2015, Montreal (Canada), Series A	Developer of a 3D computer vision platform	$13.5M	R7 Partners, Intel Capital & 6 others	59/100
5th	VoxelSensors 2020, Brussels (Belgium), Seed	Developer of spatial and empathic computing technology using single photon sensors	$10.3M	Capricorn Partners, Qbic Fund & 3 others	58/100
6th	Constems-AI 2015, Noida (India), Seed	Provider of computer vision powered solutions for surveillance and video analytics	$3.04M	IIM Lucknow Enterprise Incubation Center, SINE ... & 13 others	57/100
7th	ParallelDots 2014, Seattle (United States), Series A	Provider of image recognition software for retail execution and monitoring	$6.5M	Multipoint Capital, Btomorrow Ventures & 2 others	56/100
8th	Intel® RealSense 2013, Santa Clara (United States), Funding Raised	Provider of depth and tracking cameras	-	Europa	55/100
9th	PrimeSense 2005, Tel Aviv (Israel), Acquired	Provider of 3D sensing technology	$79.4M	Silver Lake, Genesis Partners & 10 others	50/100
10th	Pensa Systems 2011, Austin (United States), Series B	Provider of drone-based autonomous perception systems for inventory visibility	$41.7M	ATX Venture Partners, Signia Venture Partners ... & 12 others	50/100
17th	ThruWave 2017, Seattle (United States), Seed	Automated mmWave imaging solutions for quality, security, and process improvement	$8.6M	Root Ventures, Team Builder Ventures & 10 others	44/100