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Wirepas

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Provides advanced low power wireless communication solution to connect Things to the Internet

Tampere, FinlandFounded 2010Telecom
Valuation $100–250M Last recorded · 2023
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Wirepas and the history behind them.

About Wirepas

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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2010
Headquarters
Tampere, Finland
Employees
91
Open positions
3
Dealroom signal
73.6/100
Sector
Telecom, Telecommunications, Spinout, Sustainable Development Goals, Industrial Technology, Industrial Connectivity, Manufacturing Tech, Nordic Rising Star 2022, Manufacturing
Technology
Hardware, Connected Device, Recognition Technology, IoT InternetOfThings
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Jun 2026 $26M — European Investment Bank ↗
SERIES DOther financing Oct 2023 $23M $91M KPN Ventures · ETF Partners · Amalfi Capital · Highland Europe ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

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.

Latest monthly visits13K 3-month web change-40.9% 1-year team growth-2.2%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • ETF Partners
  • UK Department for Business and Trade
  • Inventure
  • Vito Ventures
  • KPN Ventures
  • TeSi

Series B and later6 investors entered at this stage

Other known investors1 additional known investor

  • Tampere University
Team profiled 24 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
11 countries with
team presence
🇫🇮 Finland55.9%
🇫🇷 France17.6%
🇮🇳 India8.8%
🇺🇸 United States4.4%
🇬🇧 United Kingdom2.9%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Wirepas on X, ranked by likes and reposts, corporate channels excluded.

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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