# Wasp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wasp

- Industry: Software
- Headquarters: Zagreb, Croatia
- Website: https://wasp.sh/
- Total disclosed funding: $5.2M
- Latest round: Seed (Dec 31, 2024)
- Investors on record: 10

## About

Based in Croatia, Wasp, Inc. provides software solutions aimed at enhancing operational efficiency across various sectors, empowering businesses with streamlined communication and robust data management capabilities.Wasp, Inc. is a software development company focused on creating tools that improve operational efficiency. Founded in 2020 in Zagreb, Croatia, by Martin Šošic and Matija Šošic, the company has successfully completed three deals to date. Their latest funding round, a Seed round in which they raised USD 3.7 mn, occurred on December 31, 2024, led by HV Capital with contributions from several other investors. The company has not undergone any significant pivots or changes in its operational strategy since its inception.Wasp.sh specializes in providing software solutions that enhance operational efficiency within various sectors. Their core offerings include an advanced platform that integrates with existing systems, facilitating streamlined communication and data management. This platform serves various use cases such as project management, resource allocation, and performance tracking, primarily catering to small to mid-sized enterprises in sectors like technology, healthcare, and logistics. Wasp.sh markets its products in key regions, including North America, Western Europe, and parts of Asia, where it has built a solid customer base.Wasp.sh generates revenue through a subscription-based model, allowing clients to access software services on a recurring basis. This model enables businesses to scale their usage according to their needs while maintaining budget predictability. Clients can choose between annual or monthly subscriptions, with various service tiers available depending on their requirements. flagship products may include specialized modules for different industries, each priced according to functionality. The company's focus on delivering value through its solutions fosters long-term partnerships with clients, ensuring consistent revenue through repeat business.In late 2024, Wasp, Inc. raised USD 3.7 mn in Seed funding, which will be used to expand operations and support development initiatives. The company plans to launch new products aimed at enhancing its software portfolio, although specific release dates have not been disclosed. Wasp, Inc. is also targeting expansion into additional markets, particularly in regions where they have identified opportunities for growth. The recent funding will facilitate these efforts, enhancing their capacity to serve a broader client base.

## Funding rounds

- Seed, Dec 31, 2024, $3.7M — HV Capital, Lunar Ventures, Abstraction Capital, Big Bets, Fifth Quarter Ventures, Metis Ventures
- Seed, Oct 4, 2021, $1.5M — HV Capital, Acequia Capital, Lunar Ventures, 468 Capital, Abstraction Capital, Tokyo Black LLC
- Seed, Mar 22, 2021 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Lunar Ventures (https://capitalatlas.ai/funds/lunar-ventures) — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed
- Abstraction Capital (https://capitalatlas.ai/funds/abstraction-capital) — Seed
- Tokyo Black LLC — Seed
- Big Bets (https://capitalatlas.ai/funds/big-bets) — Seed
- Fifth Quarter Ventures (https://capitalatlas.ai/funds/fifth-quarter-ventures) — Seed
- Metis Ventures — Seed