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2024 Revenue

$11.8M

Funding

$2.5M

YOY

100.2%

Team

95

Founded

2017

How WakeCap Technologies CEO Hassan Albalawi grew to $11.8M revenue with a 95 person team in 2024.

Provider of an enterprise technology intended to improve safety and productivity on construction sites. The company's technology consists of a sensor that is hard-integrated into the existing personal safety equipment, a software layer for control and safety monitoring and a reliable project-level communications and data network, enabling construction supervisors to get real-time, cloud-based visibility into worker attendance, location and accidents.

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WakeCap Technologies Revenue

In 2024, WakeCap Technologies's revenue reached $11.8M. The company previously reported $5.9M in 2023. Since its launch in 2017, WakeCap Technologies has shown consistent revenue growth.

WakeCap Technologies Revenue GrowthReported revenue / ARR over time$0$2.5M$5M$7.5M$10M$12.5M20172018201920202021202220232024$0$3.2M$5.9M$11.8MSource: GetLatka.com
YearMilestoneQuote
2024WakeCap Technologies Hit $11.8m revenue in October 2024
2023WakeCap Technologies Hit $5.9m revenue in December 2023
2021WakeCap Technologies Hit $3.2m revenue in April 2021
2017Launched with $0 revenue

WakeCap Technologies Valuation, Funding Rounds

WakeCap Technologies has not publicly disclosed its valuation. The company has raised $2.5M in total funding to date.

WakeCap Technologies has raised $2.5M in total funding across 4 rounds, with its most recent round in 2018.

WakeCap Technologies Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$600K$1.2M$1.8M$2.4M$3M20172018$2.5MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2018Funding round$1.6M--
2018Funding round$385K--
2018Funding round$300K--
2017Funding round$175K--

Founder / CEO

Hassan Albalawi

CEO

Hassan Albalawi is the CEO, Founder at WakeCap Technologies. Hassan leads strategic initiatives supporting growth and innovation. He received his Ph.D. degree in Electrical and Computer Engineering at Duke and Carnegie Mellon Universities, and B.S. and M.S. in Electrical Engineering from Widener University. His research focuses on low-power on-chip machine-learning algorithms.

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Customers

We do not have customer count information for WakeCap Technologies yet.

WakeCap Technologies Employees & Team Size

WakeCap Technologies employs approximately 95 people as of 2026, up from 75 in 2023.

WakeCap Technologies Team GrowthReported headcount over time02040608010020172018201920202021202220232024009595Source: GetLatka.com
YearMilestone
2024Reached 95 employees (December 2024)
2024Reached 92 employees (October 2024)
2023Reached 75 employees (December 2023)
2022Reached 63 employees (December 2022)
2021Reached 49 employees (December 2021)
2021Reached 38 employees (April 2021)

Frequently Asked Questions about WakeCap Technologies

What is WakeCap Technologies's revenue?

WakeCap Technologies generates an estimated $11.8M in annual revenue.

Who founded WakeCap Technologies?

WakeCap Technologies was founded by Hassan Albalawi.

Who is the CEO of WakeCap Technologies?

The CEO of WakeCap Technologies is Hassan Albalawi.

How much funding does WakeCap Technologies have?

WakeCap Technologies raised $2.5M across 4 rounds.

How many employees does WakeCap Technologies have?

WakeCap Technologies has 95 employees.

Where is WakeCap Technologies headquarters?

WakeCap Technologies is headquartered in Dubai, Dubai, United Arab Emirates.

Compare WakeCap Technologies to the industry

WakeCap Technologies operates across multiple industries. Browse revenue, funding, and growth data for WakeCap Technologies in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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