Android-native operating system optimized for AI agents
Wafer is a Susa-backed and Y Combinator seed-stage startup forking Android into an AI-native operating system designed from the ground up around agent workloads and on-device inference. The company is positioning around partnerships with smartphone OEMs — particularly the long tail of Android licensees outside of Samsung and Google — to ship devices where AI agents are the default surface rather than an app-store overlay.
AI📍 San Francisco, CAFounded 2025
Current Valuation
Private
PRIVATE
QL Price
$200M
0% vs last round
QuantLogix's current estimate for Wafer, published 2026-10-07 — in line with the last disclosed round of $200M (2026-09).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$200M
2026-09
weight 0.93
How this price has held up
No round has priced for Wafer since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Wafer, 2026-10-07 (67e8bd93d950048a).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Wafer going public?
No. Wafer is private and has not filed to go public. There is no S-1 on file.
What is Wafer's valuation in 2026?
No confirmed valuation is on record for Wafer. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Wafer filed an S-1?
No public S-1 is on file for Wafer.
Who are Wafer's investors?
Wafer's investors include Susa Ventures, Y Combinator.
How much has Wafer raised?
Wafer has raised $4M in total, most recently a Seed of $4M in Jan 2025.
Is Wafer publicly traded — can you buy Wafer stock?
No. Wafer is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Wafer on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Sam Hall
Founded
2025
HQ
San Francisco, CA
Employees
~10
Total Raised
$4M
Growth
Pre-revenue seed stage
Last Round
Seed — $4M (Jan 2025) · Lead: Susa Ventures
IPO Status
private
Fundraising Status
Seed · $4M · 1y 9mo ago
privateTotal raised $4M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Seed
$4M
Jan 2025
Susa Ventures
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for Wafer — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-10-05. Re-checked weekly.
Talent Signal
Hiring trend
▲ Hiring uptrend
+100% vs 2026-08
Open roles
4
via ashby
Product-build share
0%
engineering, research, product, design
Trajectory
expanding
go-to-market push — Only 0% of open roles build product — hiring is concentrated in sales/marketing/ops (1 of 4 open roles are operations).
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Chief of StaffMember of Technical StaffGTM Founding Growth
Counted from Wafer's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Sam HallEmilio AndereSteven Arellano
Investors
Susa Ventures · Y Combinator
Products
Wafer OS (Android fork for AI)
Native agent runtime
Cross-device chip optimization
OEM SDK
Competitors
Rabbit · Humane · Google Android (default) · Apple iOS
AIMobile OSY CombinatorEdge AI
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.