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Third Wave Automation

Third Wave Automation

Private
Union City, CaliforniaFrontier & Industrial Techhttps://thirdwave.ai/

Last 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

autonomous forkliftwarehouse automationrobots-as-a-serviceRaaSfleet managementcollaborative autonomyphysical AImaterial handlingremote assistanceautonomous mobile robotAMRindustrial roboticslogistics automationwarehouse roboticsautonomous lift truck

Historical Pricing

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Caplight Momentum Score

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Third Wave Automation Comparables

Compare Third Wave Automation with similar companies based on industry and business-model similarity.

Third Wave Automation comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Vecna Robotics
83%
Gideon
83%
VisionNav Robotics
81%

Third Wave Automation Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series COct 30, 2024
Series B ExtensionFeb 15, 2023
Series BAug 4, 2021
Series AJun 23, 2020
SeedJun 1, 2018

Key People

Founding team and executive leadership

Arshan Poursohi

CEO, Co-Founder

Founding Team

James Bruce

Chief Technology Officer

Executive Team

Third Wave Automation Investors

Notable investors and investment history

Third Wave Automation investors
InvestorRounds
Heartland VenturesSeries A
Innovation EndeavorsSeries C, Series B, Series A
Woven CapitalSeries C
Qualcomm VenturesSeries C, Series B Extension
Eclipse VenturesSeries B, Series A, Seed
Norwest Venture PartnersSeries C, Series B
Toyota VenturesSeed, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 27, 2026

    Monthly visitors increased 40% MoM.

  • Jun 23, 2026

    Monthly visitors grew 111% MoM, reaching 7.1K.

Third Wave Automation Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Third Wave Automation Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Third Wave Automation's valuation, stock price, and market status.

Firmographic Details

HeadquartersUnion City, California
Employee Range45
Year Founded2018
Last FundingOct 30, 2024

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