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Consumer Series B Founded 2016

Wave

Wave provides virtual concert technology that enables music creators and concert organizers to host interactive live performances in customizable digital venues. The platform allows artists to perform as digital avatars in environments ranging from realistic night clubs to outer space, creating immersive entertainment experiences that transcend physical venue limitations. Wave creates digital twins of performers and…

📍 Austin, United States · Music Tech,

Funding snapshot

Last roundSeries B
Amount$42M
Date3 May 2021
Total raised$42M
Team size80

About

Wave provides virtual concert technology that enables music creators and concert organizers to host interactive live performances in customizable digital venues. The platform allows artists to perform as digital avatars in environments ranging from realistic night clubs to outer space, creating immersive entertainment experiences that transcend physical venue limitations. Wave creates digital twins of performers and integrates real-time motion capture, allowing artists to engage with audiences through interactive features during live shows. The company partners with major music labels and artists to produce virtual concerts that reach global audiences. Founded in 2016 and headquartered in Austin, Texas, Wave has raised approximately $42.5 million in Series B funding from investors including Kleiner Perkins, RRE Ventures, Upfront Ventures, Greycroft, The Venture Reality Fund, and Warner Music Group.

Business model

Virtual Reality > Applications > Entertainment > Music Experience > Virtual Concerts,

Music Tech > Live Music Tech > Virtual Concerts

Founders & team highlights

Serial Founder

Institutional investors

RRE Ventures Upfront Ventures Kleiner Perkins The Venture Reality Fund Greycroft Presence Capital Boost VC Seedcamp Luma Warner Music Group Maveron Griffin Gaming Partners SB Projects Avex Superfly

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