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Wirepas
Telecom · Tampere, Finland · Founded 2010
Provides advanced low power wireless communication solution to connect Things to the Internet MoreLess
Wirepas is a company that specializes in providing scalable IoT (Internet of Things) connectivity solutions tailored for commercial and industrial applications. The company operates in the IoT market, focusing on delivering a reliable and cost-effective software Connectivity Suite that enables massive IoT deployments. Wirepas serves a diverse range of clients, including those in smart tracking, smart energy, smart cities, smart buildings, and smart manufacturing sectors. The business model revolves around offering a software suite that allows clients to either buy ready-made solutions or develop their own IoT products, which can then be scaled up within Wirepas' ecosystem of over 200 partners. Wirepas generates revenue by licensing its software and through partnerships with hardware manufacturers who embed Wirepas technology into their products. The company's unique selling proposition lies in its ability to provide a self-managing network that requires no additional infrastructure, making it a cost-effective alternative to traditional cellular networks like 5G.
Keywords: IoT, scalable connectivity, commercial applications, industrial applications, self-managing networks, smart tracking, smart energy, smart cities, smart buildings, smart manufacturing.
Company overview
Wirepas company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2010
- Headquarters
- Tampere, Finland
- Employees
- 91
- Open positions
- 3
- Dealroom signal
- 73.6
Valuation & funding
Wirepas funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBTDebt | Jun 2026 | $26M | — | European Investment Bank | ↗ |
| SERIES DOther financing | Oct 2023 | $23M | $91M | KPN Ventures · ETF Partners · Amalfi Capital · Highland Europe | ↗ |
| LATE VCOther financing | Sep 2021 | $11M | $44M | Karma Ventures · Tesi | — |
| SERIES BOther financing | May 2019 | $16M | $64M | Inventure · KPN Ventures · Vito Ventures · TeSi | — |
| FundingOther financing | Jan 2017 | — | — | Undisclosed | — |
| SERIES BOther financing | Sep 2016 | Inventure · Vito Ventures · ETF Partners | ↗ | ||
| SERIES AOther financing | Mar 2016 | Inventure · Vito Ventures | ↗ | ||
| SEEDOther financing | Aug 2015 | Inventure | ↗ | ||
| EARLY VCOther financing | Jan 2015 | ETF Partners · UK Department for Business and Trade · Inventure · Vito Ventures | — | ||
| SPINOUTOther financing | Jan 2010 | Tampere University | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $7.1M | 0% | −$3.6M | -50.8% |
| 2025 | $7.1M | 0% | −$3.6M | -50.8% |
| 2024 | $7.1M | +9.4% | −$3.6M | -50.8% |
| 2023 | $6.5M | +11.1% | −$3.6M | -55.6% |
| 2022 | $5.8M | +43.3% | −$3.6M | -61.7% |
| 2021 | $4.1M | +22.2% | −$2.8M | -69.4% |
| 2020 | $3.3M | — | −$831K | -24.9% |
Growth signals
Wirepas website traffic
Latest recorded traffic for Wirepas is 13K monthly website visits, down 40.9% over the last three months. Wirepas's team declined 2.2% over the past year.
Hiring
Open positions at Wirepas
Current openings linked to this company in Dealroom.
Comparisons
Wirepas compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Wirepas's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Wirepas has talent and traffic
team presence
In the news
Latest news about Wirepas
Recent press, funding announcements, and product moves mentioning Wirepas — open to read from the original sources.
Market sentiment
What the market is saying about Wirepas
An AI-synthesized read of the highest-engagement posts about Wirepas on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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