Third Wave
Valuation
$24.8M
2024 Revenue
$8.3M
Funding
$0
Team
55
Founded
2018
How Third Wave grew Third Wave to $8.3M revenue with a 55 person team in 2024.
At Third Wave Automation, we've created the Shared Autonomy Platform; a system that integrates machine learning with shared autonomy. This enables autonomous reach trucks to operate with remote oversight, allowing human operators to intervene only when necessary. With continuous improvement at the helm, this technology is designed to enhance efficiency and safety in warehouse automation (keeping operators out of harm's way), providing intelligent fleet management (ArmadaFMS) and better overall performance. The TWA Reach, our fully autonomous reach truck, can be deployed onsite within a matter of weeks and not months, thanks to flexibility within environments and no additional infrastructure requirements.
Last updated
Third Wave Revenue
In 2024, Third Wave's revenue reached $8.3M. Since its launch in 2018, Third Wave has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Third Wave Hit $8.3m revenue in June 2024 |
| 2018 | Launched with $0 revenue |
Third Wave Valuation, Funding Rounds
Third Wave's most recent disclosed valuation is $24.8M.
Third Wave is a bootstrapped AI & Machine Learning Operationalization (MLOps) Software startup. Founded in 2018, Third Wave has grown to $8.3M in revenue without raising any venture capital or outside funding.
As a self-funded AI & Machine Learning Operationalization (MLOps) Software SaaS company, Third Wave has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Third Wave Employees & Team Size
Third Wave employs approximately 55 people as of 2026.
Third Wave has 55 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 55 employees (June 2024) |
Customers
We do not have customer count information for Third Wave yet.
Frequently Asked Questions about Third Wave
What is Third Wave's revenue?
Third Wave generates $8.3M in revenue.
How much funding does Third Wave have?
Third Wave raised $0.
How many employees does Third Wave have?
Third Wave has 55 employees.
Where is Third Wave headquarters?
Third Wave is headquartered in Union City, California, United States.
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Compare Third Wave to the industry
Third Wave operates across multiple industries. Browse revenue, funding, and growth data for Third Wave in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .