Company Profiles

driven by the PitchBook Platform

Wave (Accounting)

Description

Developer of financial software for small businesses. The company provides a cloud-based software suite covering accounting, invoicing, payroll, payment (credit card) processing, receipt scanning and personal finance. Its target customers are owners of small businesses, including freelancers, contractors, consultants and entrepreneurs.

2009

Founded

PRIVATE

Status

51-200

Employees

Later Stage VC

Latest Deal Type

$14.6M

Latest Deal Amount

$62.3M

Total Amount Raised

Description

Developer of financial software for small businesses. The company provides a cloud-based software suite covering accounting, invoicing, payroll, payment (credit card) processing, receipt scanning and personal finance. Its target customers are owners of small businesses, including freelancers, contractors, consultants and entrepreneurs.

Website:

www.waveapps.com

Formerly Known As

Wave Accounting

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Financial Software

Other Industries

Automation/Workflow Software
Business/Productivity Software

Primary Office

235 Carlaw Avenue Suite 501 Toronto, Ontario M4M 2S1Canada +1 (416) 521-9141
Request a free trial to the PitchBook Platform
You're viewing a free company profile from the PitchBook Platform. To explore Wave (Accounting)'s full profile, request a free trial.

Wave (Accounting) Valuation and Funding

Request access
Deal TypeDateAmountRaised to DatePost-ValStatusStage

Wave (Accounting) Investors (8)

Request access
Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
BDC Healthcare Venture FundVenture CapitalMinority000 0000000 0000
Business Development Bank of CanadaVenture CapitalMinority000 0000000 0000
Chamath PalihapitiyaAngel (individual)Minority000 0000000 0000
Charles River VenturesVenture CapitalMinority000 0000000 0000
HarbourVest PartnersPE/BuyoutMinority000 0000000 0000
BDC Healthcare Venture Fund Venture Capital
Business Development Bank of Canada Venture Capital
Chamath Palihapitiya Angel (individual)
Charles River Ventures Venture Capital
HarbourVest Partners PE/Buyout

Wave (Accounting) Executive Team (12)

NameTitleBoard
Seat
Contact
Info
Kirk SimpsonCo-Founder, President, Chief Executive Officer & Board Member
Nathan DuthoitDirector, Development Operation Engineering
Ash ChristopherDirector of Engineering
Dieter LimebackDirector, Product Design
Michael WarkentinFront End Developer
Kirk Simpson Co-Founder, President, Chief Executive Officer & Board Member
Nathan Duthoit Director, Development Operation Engineering
Ash Christopher Director of Engineering
Dieter Limeback Director, Product Design
Michael Warkentin Front End Developer

Wave (Accounting) Board Members (5)

NameRepresentingRoleSinceContact
Info
Damien SteelOMERS VenturesManaging Director000 0000
Devdutt YellurkarCharles River VenturesGeneral Partner000 0000
Kirk SimpsonWave (Accounting)Co-Founder, President, Chief Executive Officer & Board Member000 0000
Mamoon HamidSocial CapitalCo-Founder and General Partner000 0000
Peter MisekBusiness Development Bank of CanadaPartner, BDC IT Venture Fund000 0000
Damien Steel Managing Director OMERS Ventures
Devdutt Yellurkar General Partner Charles River Ventures
Kirk Simpson Co-Founder, President, Chief Executive Officer & Board Member Wave (Accounting)
Mamoon Hamid Co-Founder and General Partner Social Capital
Peter Misek Partner, BDC IT Venture Fund Business Development Bank of Canada
Request full access to PitchBook