When was WaveSpeed AI founded?

WaveSpeed AI was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is WaveSpeed AI located?

WaveSpeed AI is headquartered in Singapore, Singapore. It is registered at PHILLIP STREET, Singapore, 048693.

Who is the current CEO of WaveSpeed AI?

Zeyi Cheng of WaveSpeed AI. They have also founded 1 company.

How many employees does WaveSpeed AI have?

As of Jun 30, 2026, the latest employee count at WaveSpeed AI is 15.

Is WaveSpeed AI a funded company?

WaveSpeed AI is a funded company, having raised a total of $***** in its 1st and only funding round, a Angel round on Apr 25, 2025.

When was the latest funding round of WaveSpeed AI?

WaveSpeed AI's latest funding was a $***** Angel round on Apr 25, 2025, with participation from 0 investor.

Where does WaveSpeed AI rank among its competitors?

WaveSpeed AI ranks 9th amongst 82 active competitors, of which 15 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was OpenRouter, which secured $113M in May, 2026.

Who are the top competitors of WaveSpeed AI?

WaveSpeed AI's top competitors include OpenRouter, Fixie.ai and Olas. Among them, OpenRouter secured the most recent funding round in May, 2026.

WaveSpeed AI - 2026 Company Profile, Team, Funding & Competitors

WaveSpeed AI is a seed company based in Singapore (Singapore), founded in 2024 by David Li and Zeyi Cheng. It operates as a Provider of a platform for accelerated AI image and video generation. WaveSpeed AI has raised an undisclosed amount in funding. The company has 82 active competitors, including 15 funded and 1 that has exited. Its top competitors include companies like OpenRouter, Fixie.ai and Olas.

Company Details

Provider of a platform for accelerated AI image and video generation. It offers tools for multimodal AI generation, unlocking image, video, and voice creation from various inputs. The platform provides access to the newest multimodal models and APIs for integration into applications. It supports multiple AI models for video and image generation.

Website: wavespeed.ai
Social
Email ID: *****@wavespeed.ai
Registered Address: PHILLIP STREET, Singapore, 048693

Key Metrics

Founded Year

2024

Location

Singapore, Singapore

Stage

Seed

Latest Funding Round

Angel, Apr 25, 2025, $*****

Ranked

9^th among 82 active competitors

Employee Count

15 as on Jun 30, 2026

Similar Companies

OpenAI & 4295 more

View WaveSpeed AI's full profile

WaveSpeed AI is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WAVESPEEDAI PTE. LTD. CIN: 202504747C , Singapore, Active	Feb 04, 2025	-	-

WaveSpeed AI has raised funding over 1 round.

Here is the list of recent funding rounds of WaveSpeed AI:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 25, 2025	2509932	Angel	6973738	3242524	8025011	5312743

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View details of WaveSpeed AI's funding rounds and investors

The founders of WaveSpeed AI are David Li and Zeyi Cheng. Zeyi Cheng is the CEO of WaveSpeed AI.

Here are the details of WaveSpeed AI's key team members:

David Li: Co-Founder & CTO of WaveSpeed AI.
Zeyi Cheng: Co-Founder & CEO of WaveSpeed AI.

View details of WaveSpeed AI's Founder profiles and Board Members

WaveSpeed AI's employee count trend

WaveSpeed AI has 15 employees as of Jun 26. Here is WaveSpeed AI's employee count trend over the years:

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Top competitors of WaveSpeed AI include OpenRouter, Fixie.ai and Olas. Here is the list of Top 10 competitors of WaveSpeed AI, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	OpenRouter 2023, New York City (United States), Series B	Platform offering access to LLM models	$173M	Menlo Ventures, CapitalG & 9 others	68/100
2nd	Fixie.ai 2022, Seattle (United States), Seed	Developer of voice AI platform providing real-time speech processing capabilities	$17M	Redpoint Ventures, SignalFire & 4 others	57/100
3rd	Olas 2022, Einsiedeln (Switzerland), Series A	Operator of a network for co-owning and monetizing AI agents	$13.8M	1kx, Generative Ventures & 9 others	56/100
4th	Super AGI 2020, Palo Alto (United States), Series A	Provider of an AI-native platform with applications and agents for business	$15M	Kae Capital, Newlands & 1 others	56/100
5th	SingularityNET 2017, Amsterdam (Netherlands), Series A	Online platform offering decentralized AI services and marketplace	$1.64M	Fundamental Labs, Alpha Sigma Capital & 11 others	54/100
6th	Luel 2026, San Francisco (United States), Seed	Provider of curated, rights-cleared training data from verified contributors for AI	$31.7M	Lightspeed Venture Partners, General Catalyst ... & 4 others	50/100
7th	TAUS 2004, De Rijp (Netherlands), Funding Raised	Provider of an online marketplace for AI projects	-	Europa	49/100
8th	Venice Sheridan (United States), Unfunded	Provider of private artificial intelligence models for text, images, and code	-	-	43/100
9th	WaveSpeed AI 2024, Singapore (Singapore), Seed	Provider of a platform for accelerated AI image and video generation	-	-	42/100
10th	Kled 2025, San Francisco (United States), Seed	Provider of a platform where users license personal data for AI	$9M	Aglae Ventures, K5 Global & 3 others	40/100