Wirepas

TelecomsSeries BTampere, Finlandwirepas.com

Latest round

Series B

Last raised

May 2019

Total raised

$19M

Investors

5

About Wirepas

Based in Finland, Wirepas Oy specializes in innovative connectivity solutions, focusing on mesh networking technologies designed for industrial and commercial Internet of Things (IoT) applications. Wirepas Oy is a connectivity solutions provider headquartered in Tampere, Finland, founded in 2010 by Teemu Laukkarinen. The company has not undergone significant pivots or changes in its business strategy since its inception. Wirepas primarily offers its innovative connectivity solutions through the Wirepas Connectivity Suite, which encompasses various mesh networking technologies tailored for industrial and commercial Internet of Things (IoT) applications.4 GHz, and Mesh Sub-GHz, all designed to enable scalable, reliable, and efficient connections among millions of devices. Wirepas Mesh technology is recognized for its self-building and self-healing capabilities, allowing for seamless integration and maintenance without the need for physical infrastructure or extensive network planning. Targeting sectors such as smart building automation, asset tracking, and smart metering, Wirepas serves a diverse client base, including enterprises in the logistics, healthcare, construction, and manufacturing industries, with deployments reported in various countries across Europe, North America, and Asia. Wirepas generates revenue primarily through the licensing of its Wirepas Connectivity Suite, with clients typically engaging in structured agreements that may include one-time license fees or ongoing subscriptions for access to its technology.00. The transactions often involve B2B relationships, where companies integrate Wirepas technology into their own IoT solutions, benefiting from features such as monitoring, provisioning, and security services.

Who invested in Wirepas

5 investors across 3 rounds

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Funding rounds

  1. Series B

    May 14, 2019

    Amount

    $16M

    Investors

    Locked

  2. Series A

    Mar 22, 2016

    Amount

    $1.7M

    Investors

    Locked

  3. Series A

    Aug 27, 2015

    Amount

    $1.7M

    Investors

    Locked

Questions about Wirepas

Who invested in Wirepas?

Wirepas has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Wirepas raised?

Wirepas has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Wirepas last raise money?

Wirepas's most recent round on record is a Series B, in May 2019.

What does Wirepas do?

Based in Finland, Wirepas Oy specializes in innovative connectivity solutions, focusing on mesh networking technologies designed for industrial and commercial Internet of Things (IoT) applications.

Where is Wirepas headquartered?

Wirepas is headquartered in Tampere, Finland.

Which VCs invest in companies like Wirepas?

Among active investors with capital left to deploy, Balderton Capital, Partech Partners, Seedcamp and Felix Capital back telecoms companies at Wirepas's stage. Their profiles are linked below.

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