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Wave

Fintech · Toronto, Canada · Founded 2009

Makes running a small business better by providing free accounting, invoicing, affordable credit card processing (payments) and payroll

Valuation $100–500M
Revenue $50–100M
Headcount 100–500
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Wave and the history behind them.
Power Law Colt$25–100M revenue

Investors

13 investors on Wave's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 1 investor entered at this stage
OMERS Ventures
Series A 6 investors entered at this stage
OurCrowd
CRV
Tom Williams
Sweet Capital
Larry Braitman
Splash Capital
Series B+ 6 investors entered at this stage
NAB - National Australia Bank
BDC Capital
Social Capital
Royal Bank of Canada
Portage Ventures
Initialized Capital

Wave mafia

Startups founded by Wave alumni

Former Wave employees who went on to start their own companies. Sorted by Dealroom signal score.

Relay FinancialEst. 2018
Yoseph WestCanada
Signal score91
RailsEst. 2023
Satraj BambraCayman Islands
Signal score81
GreenhouseEst. 2012
Mamoon HamidUnited States
Signal score80
OpenCareEst. 2012
Cameron HowiesonCanada
Signal score67
GrowclassEst. 2020
Sarah StockdaleCanada
Signal score63
TheWaveVREst. 2016
AAAdam ArrigoUnited States
Signal score63
Hibiki RunEst. 2022
Jingnan (Jing) ChenCanada
Signal score45

Book a demo to explore the full alumni network →

Global footprint

Where Wave has talent and traffic

Workforce by country
🇨🇦 Canada · Toronto HQ
Book a demo for the full country breakdown
Web traffic by country
6.7M monthly visits
across markets
🇺🇸 United States65.4%
🇨🇦 Canada15.5%
🇿🇦 South Africa5%
🇬🇧 United Kingdom2.1%
🏳️ Puerto Rico0.9%
Top 5 markets shown

Talent graph

The shape of Wave's talent

Dealroom maps Wave's team person by person — pinpointing the standout operators and scoring them across the six dimensions investors underwrite. The counts and shape below are a public preview; the named individuals and exact scores live in the platform.

31 standout operatorsDealroom-flagged across the org
7 AI specialistspinpointed by name
279 employees mappedperson by person
DimensionScore
AI Talentlive Score hidden — book a demo
Engineering Score hidden — book a demo
Product Score hidden — book a demo
Go-to-market Score hidden — book a demo
Leadership Score hidden — book a demo
Research Score hidden — book a demo
Book a demo to unlock Wave's exact scores

Source: Dealroom Talent Intelligence. Public profiles show counts and the team's shape only — request a demo for the named individuals, per-person seniority and tenure, and team benchmarks vs peers.

Capital deployed

Wave's 9 investments and acquisitions.

Every disclosed deal where Wave appeared as a backer or acquirer, 2013–2022. Toggle between venture rounds, M&A, or both. The map below is grouped by the target company's sector — the colored pill on each chip is the round type.

Portfolio analysis

9 deals across Wave's capital deployment.

Where the deals concentrate by sector, stage, and decade.

By sectorCount
    By stageCount
      By periodCount

        02 · Portfolio market map

        Wave's portfolio, mapped.

        Each chip is one company. Pill colour shows round type — green for Seed, blue for Series A, purple for B/C+, pink for late-stage, amber for M&A. Bigger sectors keep their full list behind “+ N more”.

        Stage
        Period
        9 of 9 deals

        Market sentiment

        What the market is saying about Wave

        An AI-synthesized read of the highest-engagement posts about Wave on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

        Reading the room on X — pulling top posts and synthesizing themes…

        Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

        See Wave on the full Dealroom platform

        Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.

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