Wave

Wave XR is a company dedicated to immersive 3D entertainment, aiming to connect people through virtual experiences. Their mission is to serve as the live entertainment hub of the metaverse, providing a platform for users to attend, perform, or engage in a 24/7 live entertainment community. This platform is accessible through mobile devices, 2D social video streaming, and immersive 3D VR experiences. Wave XR offers live, interactive concerts and performances known as "Waves." These events allow real-time interaction between performers and audiences, creating unique and co-created experiences. The platform fosters dynamic connections between artists and fans, ensuring an engaging viewing experience. Wave XR has hosted notable virtual concerts featuring artists like Calvin Harris, Justin Bieber, and The Weeknd, and has collaborated with Beatport for the "BEYOND Concert Series." The company is based in Los Angeles, California.

Information Technology & Services Los Angeles, United States Founded 2016 ~132 employees

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Employees
132
+0.8% in the 3 months to Jun 2025
Revenue / employee
$57.6K
Revenue ~$7.6M
Total funding
$42.5M
Last round May 2021
12-month attrition
12.1%
Tech: 14.9%
H1B filings, FY2024
1
Sponsors visas

Headcount trend

Wave went from 131 employees in Jul 2023 to 132 in Jun 2025. Jan to Jun 2025: 8 people joined, 3 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other78
Engineering21
Marketing10
Operations8
Success6
Finance3
Sales2
HR2

Funding

  • May 2021 · Warner Music Group
  • Nov 2020 · Tencent Music Entertainment Group
  • Jun 2020 · Series B · $30M · Maveron Ventures, Griffin Gaming Partners, NTT DOCOMO Ventures, Inc.
  • Apr 2018 · Series A · $6M · Upfront Ventures
  • Apr 2017 · Seed · $4M · Upfront Ventures
  • Aug 2016 · Seed · $2.5M · KPCB Edge, Presence Capital, Rothenberg Ventures

Salaries at Wave

All salaries

35 salary profiles in the US

Most reported roles

Pay by level, gender and ethnicity · India salaries

H-1B sponsorship

H-1B Sponsorship Limited
H-1B Filings by Department
Engineering1

Peer reviews

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Anonymous peer reviews on OffTheRecord

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Wave FAQ

How many employees does Wave have?

Wave has about 132 employees, up 0.8% over the 3 months to Jun 2025.

Does Wave sponsor H1B visas?

Yes. Wave filed 1 H1B (LCA) application in FY2024, according to the latest U.S. Department of Labor disclosures. It was for a Engineering role.

What is Wave's revenue per employee?

Wave makes about $58K in revenue per employee, based on $7.6M annual revenue and 132 employees.

How much does Wave pay?

6figr has 63 salary profiles for Wave in India and 35 in the US, with pay broken down by role, level and gender on the Wave salaries page. See Wave salaries in India

How much funding has Wave raised?

Wave has raised $42.5M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.