WakeCap: Business Overview, Financials & Competitive Analysis
WakeCap scores 7/10 on the AskCyborg Cyborg Score (Strong). Real-time construction workforce intelligence via IoT sensors addresses genuine pain points (safety, productivity, billing accuracy), with strong customer validation in megaprojects but execution risk typical of growth-stage contech plays. WakeCap demonstrates solid market traction with deployment across marquee megaprojects and a meaningful $28M Series A raise (May 2025). The acquisition of.
What is WakeCap's industry? WakeCap (wakecap.com) operates in Enterprise Software. AskCyborg classifies WakeCap under Enterprise Software in its company registry.
WakeCap is a sensor-powered project-controls system for real-time workforce visibility and site-wide intelligence. The company is a deep-tech firm rooted in AI and IoT that employs advanced sensor technology and sophi...
Cyborg Score thesis
Real-time construction workforce intelligence via IoT sensors addresses genuine pain points (safety, productivity, billing...
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Pro stress-test →WakeCap is a sensor-powered project-controls system for real-time workforce visibility and site-wide intelligence. The company is a deep-tech firm rooted in AI and IoT that employs advanced sensor technology and sophisticated data analytics to provide precise, real-time insights into worker activity and equipment usage. It has been deployed on some of the world's largest and most complex projects including NEOM, ARAMCO, and Qiddiya.
Strategic Profile
Pro stress-test →Founded in 2017 with offices in Riyadh, Dubai, and San Francisco, WakeCap's technology enables real-time monitoring and data collection on complex construction projects. The company acquired Trackfy in October 2025 to enhance its portfolio in workforce safety and operational monitoring. WakeCap raised $28 million in Series A funding led by UP Partners, positioning it for geographic expansion and scale.
Competitive Landscape
Pro stress-test →WakeCap operates in a competitive space with peers like RenoRun and Bridgit, focusing on real-time project control and safety technologies. The company's proprietary mesh-network sensor architecture and integration into standard safety helmets provide differentiation. WakeCap collaborates with Nemetschek and other global firms, positioning itself as a trusted partner in the construction tech space.
Industry Context
WakeCap operates in Enterprise Software.
Key facts
Founded: 2017 · Headquarters: San Francisco, US (with offices in Riyadh and Dubai)