Wave

About

Wave offers tailored financial services (payments, payroll) and award-winning free software for small/micro-businesses around the world.

Toronto,Ontario,Canada
251 - 500
http://www.waveapps.com

Highlights

Details

Last Funding Type: Series D
Last Funding Money Raised: $24M
Industries: Accounting,Apps,Cloud Computing,Financial Services,FinTech,Human Resources,Mobile,Payments,Small and Medium Businesses,Software
Founded date: Jul 1, 2009
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Wave Financial Inc.
Also Known As: Wave Financial Inc. ,Wave Accounting

Wave makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll. Over 3 million small business owners, in more than 200 countries around the world, rely on WaveApps to run their business.

Wave was founded in 2009 and is headquartered in Toronto, Canada.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

11

$62.15M $22.80M

Wave has raised a total of $62.15M $22.80M in funding over 2 rounds. Their latest funding was raised on May 30, 2017 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 30, 2017	Series D	$24M	11	NAB Ventures	—	Detail
Oct 25, 2016	Series Unknown	$14.60M	5	BDC Venture Capital	—	Detail
Mar 29, 2016	Series C	$6.70M	4	—	—	Detail
Dec 3, 2015	Series Unknown	$5.15M	—	—	—	Detail
May 12, 2015	Series C	$10M	5	CRV	—	Detail

Investors

Number of Lead Investors

Number of Investors

6

16

Wave is funded by 16 investors. NAB Ventures and OurCrowd are the most recent investors.

Investor Name	Lead Investor	Funding Round
NAB Ventures	Yes	Series D
OurCrowd	—	Series D
BDC Venture Capital	—	Series D
CRV	—	Series D
Exhibition Ventures	—	Series D
HarbourVest Partners	—	Series D
National Australia Bank (NAB)	—	Series D
OMERS Ventures	—	Series D
Portage Ventures	—	Series D
RBC Capital	—	Series D