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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 50%

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

Proprietary index based on bid/ask volume and sentiment.

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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.

Recent news

Latest coverage and updates

  • is_developingJun 16, 2026

    Third Wave Automation Inc. is developing AI-enabled capabilities across select lift trucks on Jun 16th '26.

  • partners_withJun 16, 2026

    Third Wave Automation Inc. partnered with Raymond Corp. on Jun 16th '26.

Third Wave Automation Filings

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Third Wave Automation filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Third Wave Automation a public or private company?

Third Wave Automation is a private company.

What is the current stock price of Third Wave Automation?

Third Wave Automation is a private company with no public stock price. No recent secondary market data is available.

How much is Third Wave Automation worth (valuation)?

Valuation information for Third Wave Automation is not publicly available.

Can I buy Third Wave Automation stock?

Third Wave Automation shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Third Wave Automation's last funding round?

Third Wave Automation's most recent funding round was Series C on October 30, 2024.

Who are the main investors in Third Wave Automation?

Key investors in Third Wave Automation include Innovation Endeavors, Woven Capital, Qualcomm Ventures, Eclipse Ventures, Norwest Venture Partners.

Will Third Wave Automation IPO soon?

No public IPO plans have been announced for Third Wave Automation.

How can I track Third Wave Automation secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Third Wave Automation's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersUnion City, California
Employee Range44
Year Founded2018
Last FundingOct 30, 2024

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