When was Wavetrain founded?

Wavetrain was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Where is Wavetrain located?

Wavetrain is headquartered in Lysaker, Norway. It is registered at Strandveien 55, 1366, LYSAKER.

How many employees does Wavetrain have?

As of Jul 31, 2026, the latest employee count at Wavetrain is 20.

Is Wavetrain a funded company?

Wavetrain is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jul 01, 2015.

When was the latest funding round of Wavetrain?

Wavetrain's latest funding was a $***** Grant (prize money) round on Jul 01, 2015, with participation from 1 investor. Its primary sector is Sensors. In Norway, the Sensors sector has seen $16M in funding in 2026 to date.

Where does Wavetrain rank among its competitors?

Wavetrain ranks 3rd amongst 9 active competitors, of which 2 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Viezo, which secured an undisclosed amount in Mar, 2023.

Who are the top competitors of Wavetrain?

Wavetrain's top competitors include KONUX, Frauscher and Senvisys. Among them, Viezo secured the most recent funding round in March, 2023.

Wavetrain - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Wavetrain offers level crossing warning systems for installation near the railway crossing. The system uses the series of acoustic sensors that are installed on the track. The vibration data is captured and fed to the computer. As the train approaches the crossing, the intensity of the sound wave reaches the predetermined limit at which the signals are sent to close the gates for the railway crossing. The acoustic sensor can also sense the technical anomalies in the approaching train and tracks.

Website: wavetrain.no
Email ID: *****@wavetrain.no
Phone Number: +47 **********
Registered Address: Strandveien 55, 1366, LYSAKER

Key Metrics

Founded Year

2009

Location

Lysaker, Norway

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jul 01, 2015, $*****

Investors

Televenture & 1 more

Ranked

3^rd among 9 active competitors

Employee Count

20 as on Jul 31, 2026

Similar Companies

KONUX & 8 more

View Wavetrain's full profile

Wavetrain is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Wavetrain Systems As CIN: 994483404 , United States, Active	Sep 11, 2009	-	11 (As on Dec 31, 2019)	-
Wavetrain Systems As CIN: 994483404 , Norway, Active	Aug 20, 2009	-	13 (As on Dec 31, 2022)

Wavetrain has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jul 01, 2015 for $*****. 1 investor participated in its latest round. Wavetrain has 2 institutional investors.

Here is the list of recent funding rounds of Wavetrain:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2015	8051159	Grant (prize money)	9280927	6035257	3724972	4164455

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View details of Wavetrain's funding rounds and investors

Wavetrain's employee count trend

Wavetrain has 20 employees as of Jul 26. Here is Wavetrain's employee count trend over the years:

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Top competitors of Wavetrain include KONUX, Frauscher and Senvisys. Here is the list of Top 10 competitors of Wavetrain, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	KONUX 2014, Germany, Series C	Developer of AI and IoT solutions for railway operations optimization	$131M	New Enterprise Associates, Alibaba Group ... & 28 others	52/100
2nd	Frauscher 1999, Scharding (Austria), Acquired	Manufacturer of the sensors for railways	-	Greenbriar, EIC Fund & 1 others	52/100
3rd	Wavetrain 2009, Lysaker (Norway), Funding Raised	Provider of level crossing warning system	-	Televenture, Europa	31/100
4th	Senvisys 2015, Saarbrucken (Germany), Funding Raised	Manufacturer of sensors for railways	-	EIC Fund, Europa & 2 others	29/100
5th	NIART SYSTEMS 2024, Tel Aviv (Israel), Funding Raised	Electro-optical sensor systems	-	-	28/100
6th	Viezo 2018, Vilnius (Lithuania), Seed	Provider of lithium ion-powered wireless IoT sensors	-	Rockstart, Starta & 5 others	26/100
7th	Track IQ 2006, Brisbane (Australia), Unfunded	Developer of wayside monitoring sensors	-	-	25/100
8th	SensoRail 2019, Birmingham (United Kingdom), Unfunded	Tech-enabled sensor-based maintenence monitoring solutions for rail operators	-	-	24/100
9th	TrackSense 1991, Redland Bay (Australia), Unfunded	Provider of cloud-based railways health monitoring solutions	-	-	24/100
10th	Arbor Rail 1999, Ann Arbor (United States), Deadpooled	Provide sensor systems to the rail industry	-	-	15/100