Wrap Technologies
Wrap Technologies is a public safety technology company that develops non-lethal response solutions, including remote restraint devices, VR training, body-worn cameras, and counter-drone systems, for law enforcement, federal, healthcare, and education customers globally.
- Company typePublic
- Founded2016
- HeadquartersTempe, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Wrap Technologies does
Wrap Technologies (NASDAQ: WRAP) is a public safety technology company that develops non-lethal response solutions and adjacent hardware-software products for law enforcement, federal agencies, healthcare, and education customers. The company's flagship offering is the BolaWrap 150, a remote restraint device that uses a proprietary Kevlar-based cassette to deploy an entanglement tether at a distance, marketed as a lower-force alternative for situations that would otherwise escalate to higher-force options. The reported field success rate is approximately 92%. Complementary products include WrapReality virtual reality training, WrapVision body-worn cameras, WrapTactics learning management software, the MERLIN-1 counter-UAS system, and the DFR-X drone interdiction payload.
The company monetizes through hardware sales of the BolaWrap 150 and related devices, software subscriptions tied to WrapReality and WrapTactics, and emerging service revenue from counter-drone and federal offerings. Go-to-market combines direct sales to US law enforcement agencies with regional distribution partners internationally (Crystal Works in India, STS in Panama, ABBS in the United Kingdom, PSP in Canada, plus presence in Italy, Malta, and broader Europe) and a dedicated Wrap Federal subsidiary pursuing federal procurement. IADLEST certification supports WrapReality's training positioning.
Reported financials show full-year 2025 revenue of approximately $4.7M (15% YoY growth), trailing twelve-month revenue of approximately $5M at roughly 32% growth, and quarterly YoY growth of 241% in Q3 2025, 62% in Q4 2025, and 45% in Q1 2026. The 2025 net loss was approximately $10.3M, reflecting continued investment in product development, international expansion, and the federal channel buildout funded by multiple capital raises during 2025-2026.
Wrap Technologies firmographics
Firmographics- Name
- Wrap Technologies
- Legal name
- Wrap Technologies, Inc.
- Website
- https://wrap.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Wrap Technologies is a public safety technology company that develops non-lethal response solutions, including remote restraint devices, VR training, body-worn cameras, and counter-drone systems, for law enforcement, federal, healthcare, and education customers globally.
- Ownership category
- akta.pro rank
Wrap Technologies industry classification
Industry- Product category
- Law Enforcement Equipment & Non-Lethal Response Technology
- NAICS
- Investigation and Security Services (5616)
- SIC
- Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480)
- akta.pro primary industry
- Unruly Passenger Management & Restraint Support (BPAKAMAJ)
- akta.pro secondary industry
- General Security Officer (Unarmed) Training & Certification (BPAKAOAA)
Keywords
Where Wrap Technologies is headquartered
LocationHeadquarters
- HQ city
- Tempe
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Wrap Technologies business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Marketing or Sales, Operations
Revenue model
- Hardware Sales: One-time sales of BolaWrap devices, counter-UAS systems, and drone platforms to law enforcement and government agencies.
- Subscription Training Services: Recurring subscription revenue from WrapReality VR training platform, WrapTactics LMS, and related training programs. Delivered through tiered subscription model with annual billing.
- Professional Services: Instructor training, certification programs, scenario-based instruction, and ongoing program support for deployment customers.
- Managed Services: Comprehensive non-lethal response program support including training, policy guidance, and operational support bundled with product deployment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | WrapTactics LMS subscription-based training platform |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels3 records
Wrap Technologies product offering
Product offeringCore offering
Wrap Technologies designs, manufactures, and sells an integrated Non-Lethal Response platform for law enforcement and government agencies. Its portfolio centers on the BolaWrap 150 handheld remote restraint device, complemented by the WrapReality VR training platform, WrapVision body-worn cameras, WrapTactics subscription-based learning management system, and drone-enabled counter-UAS payloads (DFR-X and MERLIN-1). Revenue is generated through hardware sales, recurring training subscriptions, and professional services such as instructor certification programs.
Product overview
Wrap Technologies provides a unified Non-Lethal Response platform combining hardware devices, virtual reality training, digital evidence management, and counter-drone solutions. The core portfolio includes the BolaWrap 150 remote restraint device, WrapReality immersive VR training system, WrapVision body-worn cameras, and drone-based systems (DFR-X interdiction platform and MERLIN-1 counter-UAS payload). These products are supported by the WrapTactics Learning Management System for subscription-based training delivery and instructor certification programs. The ecosystem is designed to give law enforcement agencies integrated tools, training, and policy support to reduce reliance on higher-force alternatives across domestic, federal, and international markets.
Differentiator
Problem solved
Functional benefit
Brands
- BolaWrap: Non-lethal remote restraint device for law enforcement
- WrapReality
- WrapVision
- WrapTactics
- MERLIN-1
- DFR-X
- Non-Lethal Response
Products and services
- BolaWrap 150 Handheld remote restraint device that deploys a Kevlar-based tether up to 25 feet to entangle and restrain individuals without serious injury; designed as a pre-escalation option between verbal commands and higher-force alternatives for law enforcement.
- WrapReality VR Training Platform
Quantifiable outcome
- 92% field success rate with no deaths, serious injuries, or lawsuits
- +3 more outcomes
Companies that use Wrap Technologies
Customer profileNamed customers10 records
Segments6 records
Ideal customer profiles3 records
Wrap Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Wrap Technologies partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core, flagship and minor.
- Defcon ServicescoreStrategic Italian partner hosting the First European Global Roadshow on 'Rethinking Use of Force' conference in Italy, showcasing WRAP's non-lethal response ecosystem to approximately 200 law enforcement leaders and government officials across key European markets.
- WOFT, LLCflagshipExpanded strategic partnership to develop directional light-based safety products and training programs for consumer, private security, healthcare, and personal safety markets. Partnership includes establishing a Florida-based drone testing and NLR training headquarters. Combines WOFT's real-world training expertise with Wrap's NLR platform.
- Advanced Blast & Ballistic Systems GroupminorU.K.-based partner issued purchase order for 20 MERLIN-1 Counter-UAS drone systems for the U.K. public safety market. Order may support demonstration, evaluation, and market development for counter-drone missions in the U.K. and Europe.
- VectorflagshipStrategic partnership to jointly develop and deploy drone-enabled non-lethal and counter-UAS solutions for law enforcement, homeland security, and national security missions. Combines Wrap's NLR platform with Vector's tactical hardware, command and control systems, and operator training. Includes joint demonstrations and customer engagements.
- PSP CorpminorCanadian distributor supporting pre-order of DFR-X drone platform with hardware including BolaWrap devices and body-worn cameras. Inventory held locally in Canada for faster deployment and evaluations among Canadian law enforcement agencies.
- Servicios Tácticos de Seguridad S.A.coreExclusive regional partner for Panama and Central America/Caribbean region. Initial purchase order includes DFR-X drone system and BolaWrap devices. Granted rights to distribute Wrap's full suite of public safety technologies including surveillance, counter-drone, and training solutions.
- K-Form, Inc.coreExpanded manufacturing partnership to accelerate DFR-X drone-based non-lethal system commercialization. Supports U.S.-based precision manufacturing to meet federal and defense procurement requirements. Strengthens Made-in-America supply chain for non-lethal response and counter-UAS manufacturing.
- Crystal Works Private LimitedcoreStrategic distribution agreement marking Wrap's first major commercial entry into the Indian market. Pre-order includes DFR-X drone systems, BolaWrap 150 devices, and WrapReality immersive training platforms. Positions India as strategic gateway to broader South Asian market.
- STORM Training GroupcoreStrategic partnership to develop Arrest-in-Control (AIC) training units for WrapTactics LMS. Combined STORM's defensive tactics doctrine with Wrap's digital training platform to deliver scalable, evidence-based instruction for law enforcement agencies.
- LETAC USAminorPartnership to develop Non-Lethal Response Policy Framework and training modules for autonomous systems during high-stress encounters. Will produce policy templates, SOPs, and demonstration materials to guide deployment and influence future regulations globally.
- Wrap FederalcoreFormation of Wrap Federal subsidiary dedicated to supporting U.S. federal government agencies with non-lethal safety and UAS countermeasure solutions, focusing on DoD and DHS contracts with classified and operational capabilities.
Scale indicators14 records
Recent moves5 records
Expansion highlights6 records
Wrap Technologies competitors and assessment
Company assessmentDirect peers
- Axon Enterprise: Axon (NASDAQ: AXON) is the dominant vendor of body-worn cameras, conducted energy weapons (TASER), and digital evidence management for law enforcement. It directly competes with Wrap's WrapVision body cameras and is the leading less-lethal alternative to the BolaWrap, while also offering an integrated training platform that overlaps with WrapReality.
- Viridian Weapon Technologies: Viridian designs and manufactures weapon-mounted lasers, tactical lights, and aiming solutions for law enforcement and civilian markets. It is highly comparable to Wrap's emerging directional light and laser dazzler drone payloads and shares the same retail and agency channels.
- DroneShield: DroneShield (ASX: DRO) develops counter-UAS detection and defeat systems for defense, law enforcement, and critical infrastructure. Its product portfolio directly overlaps with Wrap's MERLIN-1 counter-UAS payload and DFR-X drone interdiction platform, serving the same federal and public safety customer base.
- Digital Ally: Digital Ally designs and manufactures body-worn cameras, in-car video systems, and evidence management software for law enforcement. It directly competes with Wrap's WrapVision platform and serves the same municipal police customer base in the U.S.
- PepperBall: PepperBall manufactures non-lethal launcher systems that fire PAVA-filled projectiles for law enforcement, correctional, and private security use. It competes head-to-head with the BolaWrap in the pre-escalation, less-lethal intervention category and serves similar municipal and federal agencies.
- Combined Systems (CSI): Combined Systems is a long-established manufacturer of less-lethal munitions, tear gas, and specialty ordnance for military and law enforcement. It competes with Wrap in the broader non-lethal response market and is a frequent bidder on federal less-lethal contracts.
Emerging players
- Dedrone: Dedrone provides counter-UAS detection, classification, and mitigation software/hardware for defense, government, and critical infrastructure customers. It overlaps with Wrap's MERLIN-1 and DFR-X platform on the detection and airspace-security side, though it focuses more on the sensor/analytic layer than non-lethal effectors.
- Fortem Technologies: Fortem Technologies builds counter-drone detection and interdiction systems, including net-capture drone solutions for defense and homeland security. Its DroneHunter platform overlaps conceptually with Wrap's drone-capture R&D and counter-UAS roadmap, serving similar federal and public safety buyers.
Broad incumbents
- Motorola Solutions: Motorola Solutions (NYSE: MSI) is a broad public-safety technology incumbent offering body-worn cameras (WatchGuard/Vidient), command-and-control software, radios, and evidence management. It competes with multiple Wrap product lines simultaneously and has far deeper agency relationships and procurement vehicles.
- L3Harris Technologies: L3Harris (NYSE: LHX) is a major defense prime with extensive portfolios in tactical communications, sensors, and integrated public-safety systems. It is a competitor for federal and DHS counter-UAS and non-lethal programs that Wrap Federal is pursuing, and represents the type of well-resourced incumbent Wrap must displace in federal bids.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Wrap Technologies social profiles
Digital presenceWrap Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wrap Technologies leadership team
Management profileNumber of profiles
Profiles5 records
Wrap Technologies subsidiaries and ownership
Company hierarchySubsidiaries1 record
Wrap Technologies funding detail
Funding detailFunding overview
Funding rounds7 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wrap Technologies M&A and investment
M&A and investmentM&A2 records
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wrap Technologies
What does Wrap Technologies do?
Wrap Technologies designs, manufactures, and sells an integrated Non-Lethal Response platform for law enforcement and government agencies. Its portfolio centers on the BolaWrap 150 handheld remote restraint device, complemented by the WrapReality VR training platform, WrapVision body-worn cameras, WrapTactics subscription-based learning management system, and drone-enabled counter-UAS payloads (DFR-X and MERLIN-1). Revenue is generated through hardware sales, recurring training subscriptions, and professional services such as instructor certification programs.
Is Wrap Technologies a public or private company?
Wrap Technologies is a public company. It is classified as public and is currently operating.
When was Wrap Technologies founded?
Wrap Technologies was founded in 2016. It employs 11 to 50 people.
Where is Wrap Technologies based?
Wrap Technologies is headquartered in Tempe, United States, in the North America region.
How does Wrap Technologies make money?
Four revenue lines are on record. Hardware Sales are the primary driver. The others are subscription Training Services, professional Services and managed Services.
Who are Wrap Technologies's main competitors?
Direct peers on record are Axon Enterprise, Viridian Weapon Technologies, DroneShield, Digital Ally, PepperBall and Combined Systems (CSI). Emerging players are Dedrone and Fortem Technologies. Broad incumbents are Motorola Solutions and L3Harris Technologies.
Does Wrap Technologies have an API?
No public API is recorded for Wrap Technologies.
What industry is Wrap Technologies in?
Wrap Technologies's product category is Law Enforcement Equipment & Non-Lethal Response Technology. Its primary akta.pro industry code is BPAKAMAJ, Unruly Passenger Management & Restraint Support, with a secondary code of BPAKAOAA, General Security Officer (Unarmed) Training & Certification. Its NAICS code is 5616 and its SIC code is 3480.