WAVE Drowning Prevention Systems
The first drowning prevention system with a reliable, simple & low-cost necessary for widespread adoption in a market with multibillion dollar potential
- Stage $500K in TTM Revenue
- Industry Sports
- Location Norwalk, CT, USA
- Currency USD
- Founded April 2017
- Employees 12
- Incorporation Type C-corp
- Website saferswimming.com
Company Summary
WAVE solves commercial pool owners’ #1 pain point – drownings. Its breakthrough technology measures swimmer submersion and provides warnings if a swimmer is at risk. It is the first and only product with the reliability, simplicity & low cost necessary to be used everywhere people swim. With 100+ systems sold across 24 states so far, WAVE’s recurring revenue model enables profitable, sustained growth that will pre-empt serious competition.
Team
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Co-Founder & Chief Product Officer
Dave is an award-winning inventor, entrepreneur, and designer.
He has been involved in the use of technology to prevent drowning for over a decade. In 2014 Dave received a Community Lifesaver Award from the National Drowning Prevention Alliance.
At WAVE, Dave oversees product design & development, manufacturing, marketing communications and branding.
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Co-Founder & CEO
Mark has 30 years experience identifying new product/service opportunities, creating new markets, building world-class teams, leading sales, marketing and product strategy, securing strategic partners and lead customers, and executing M&A transactions. One of four co-founders that led the Omnipoint spin-off to $500 mil in revenue. Founded MobileSpring, raising $11 mil and becoming the market leader. Also has advised over 30 other tech startups.
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Lead Engineer
20 years experience developing application software, embedded software, networking and hardware components. Early career at Microsoft and OpenDesign.
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Chris SouthernSenior Engineer
Twenty plus years of hands-on experience developing application software, scalable rich web applications, mobile applications, and e-commerce systems using open source. Proven ability to lead and motivate high-performance teams locally, remotely, and outsourced. Extensive experience providing technical leadership in building web applications, mobile applications, and cloud system architecture for firms
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Sales Director
Accomplished and talented senior sales executive with over 25 years of proven success in business development, strategic innovation, people management, and delivery of high revenue outcome. Passionate and tenacious hands-on leader who has expertise across sales, service, and distribution channels.
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Technology Lead
With an Electrical Engineering background, Hesham has been developing wireless technology products for over 30 years, including at industry leaders Nortel, Lucent and Spirent Communications.
At Spirent he led a 50-person Mobile R&D team developing wireless products for Tier I mobile network operators and smartphone manufacturers.
Advisors
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Maureen ScintoUnconfirmed
Previous Investors
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Connecticut InnovationsUnconfirmedHarvard Business School Alumni Angels of Greater New YorkUnconfirmed
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Salt Lake City AngelsUnconfirmed
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