COMPANY PROFILE

WakeCap

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IoT-based enterprise solution to improve safety & productivity in the construction site

Saudi ArabiaFounded 2017Robotics

Valuation $100–500M Latest valuation · 2025

Headcount 100–500 Current team size

Total funding $10–50M Disclosed equity funding

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About WakeCap

WakeCap Technologies provides advanced workforce management solutions, focusing on timekeeping and asset tracking for industries such as construction, offshore, industrial, mining, and manufacturing. The company offers specialized hardware that captures real-time geolocation data of wearables and sensors, ensuring accurate monitoring while respecting employee privacy. This data is securely transferred to a cloud-based server, allowing seamless integration with existing systems. WakeCap's solutions enable quick workforce entry and exit, time attendance control, and productivity monitoring in assigned zones, with detailed reports on late arrivals and early departures. The business model revolves around providing these services to industrial clients, enhancing operational efficiency and safety. WakeCap generates revenue through the sale and implementation of its hardware and software solutions, catering to a global market with offices in Saudi Arabia, the USA, and the UAE. Keywords: workforce management, timekeeping, asset tracking, geolocation, industrial safety, productivity, cloud integration, construction, mining, manufacturing

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: Saudi Arabia
Employees: 117
Open positions: 2
Dealroom signal: 80.4/100
Sector: Robotics, Industrial Automation, Workforce Management, Productivity Tools, Spinout, Wearable
Technology: Artificial Intelligence, Hardware, Deep Tech, Computer Vision, Connected Device, IoT InternetOfThings
Business model: Manufacturing, SaaS
Client focus: b2b
Investment activity: 2 companies, latest Jun 2026
Capital deployed: —
Preferred round: ACQUISITION
Links: Website LinkedIn X

Latest news

Press, funding announcements and product moves mentioning WakeCap.

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES A✓Equity / VC	May 2025	$28M	$112M	Goodwater Capital · GLOBAL VENTURES · Hub71 · Falak Startups	↗
EARLY VC✓Equity / VC	Apr 2022	$2M	$8M	Wa'ed Ventures	↗

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Growth signals

WakeCap website traffic

Latest recorded traffic for WakeCap is 1.3K monthly website visits, down 27.8% over the last three months. WakeCap's team declined 5.6% over the past year.

Latest monthly visits1.3K 3-month web change-27.8% 1-year team growth-5.6%

Monthly website visitsFeb 2017–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Engineering Manager (WC3 Squad Lead)Al Khobar, Eastern, Saudi Arabia · Other · Jul 16, 2026 Engineering Manager, Computer Vision & AI (SiteGuard Squad Lead)Al Khobar, Eastern, Saudi Arabia · Data Science & Engineering · Jul 16, 2026

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