Third Wave Automation
PrivateLast Round
Series C
Oct 30, 2024
Total Funding Raised
$101M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Third Wave Automation is a logistics and robotics company that specializes in autonomous forklift technology, enhancing material and inventory movement through advanced deep learning and modern robotics to improve warehouse efficiency and safety.
Sector
Frontier & Industrial Tech
Verticals
Warehouse Automation, Industrial Robotics, Logistics Software, Fleet Management, Computer Vision
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Third Wave Automation Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Third Wave Automation Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Oct 30, 2024 | ||||
| Series B Extension | Feb 15, 2023 | ||||
| Series B | Aug 4, 2021 | ||||
| Series A | Jun 23, 2020 | ||||
| Seed | Jun 1, 2018 |
Key People
Founding team and executive leadership
Third Wave Automation Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Heartland Ventures | Series A |
| Innovation Endeavors | Series C, Series B, Series A |
| Woven Capital | Series C |
| Qualcomm Ventures | Series C, Series B Extension |
| Eclipse Ventures | Series B, Series A, Seed |
| Norwest Venture Partners | Series C, Series B |
| Toyota Ventures | Seed, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 12, 2026
Planned product scale-up to 100-1000 units with an OEM partner.
- Jan 1, 2026
Robotics platform product scheduled for market release in 2026.
Third Wave Automation Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Third Wave Automation's valuation, stock price, and market status.