Wave Financial Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 308

Employees

  • Latest Deal Type
  • PE Growth

  • Financing Rounds
  • 12

  • Investments
  • 11

Wave Financial General Information

Description

Developer of online financial software for small businesses designed to change the way they make money, spend money and track money. The company's software provides a suite covering accounting, invoicing, payroll, payment processing, receipt scanning and personal finance, enabling companies to improve cash flow and helps them grow and thrive.

Contact Information

Formerly Known As
Wave Accounting
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Private Equity-Backed
Corporate Office
  • 155 Queens Quay East
  • Box 3
  • Toronto, Ontario M5A 0W4
  • Canada
Primary Industry
Financial Software
Other Industries
Business/Productivity Software
Parent Company
Vertical(s)
SaaS, TMT, FinTech
Corporate Office
  • 155 Queens Quay East
  • Box 3
  • Toronto, Ontario M5A 0W4
  • Canada

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Wave Financial Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Wave Financial‘s full profile, request access.

Request a free trial

Wave Financial Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of online financial software for small businesses designed to change the way they make money, spend money and
Financial Software
Toronto, Canada
308 As of 2024

Vancouver, Canada
 

Detroit, MI
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Wave Financial Competitors (75)

One of Wave Financial’s 75 competitors is Kashoo Cloud Accounting, a Corporate Backed or Acquired company based in Vancouver, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kashoo Cloud Accounting Corporate Backed or Acquired Vancouver, Canada
Autobooks Venture Capital-Backed Detroit, MI
WorkingPoint Formerly VC-backed San Francisco, CA
Financial Transmission Network Venture Capital-Backed Omaha, NE
iPayables Private Equity-Backed Provo, UT
You’re viewing 5 of 75 competitors. Get the full list »

Wave Financial Patents

Wave Financial Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10956910-B2 Application server for automated data transfers and associated methods Active 15-Aug-2017
US-20190057386-A1 Application server for automated data transfers and associated methods Active 15-Aug-2017
CA-3014218-A1 Application server for automated data transfers and associated methods Active 15-Aug-2017
CA-3014218-C Application server for automated data transfers and associated methods Active 15-Aug-2017
US-20210158362-A1 Application server for automated data transfers and associated methods Active 15-Aug-2017 H04L63/123
To view Wave Financial’s complete patent history, request access »

Wave Financial Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Wave Financial Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Wave Financial‘s full profile, request access.

Request a free trial

Wave Financial Investments & Acquisitions (11)

Wave Financial’s most recent deal was a Later Stage VC with Fluree for . The deal was made on 28-Mar-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Fluree 28-Mar-2024 Later Stage VC Business/Productivity Software
Fini 19-Jul-2023 Seed Round Other Financial Services
Blue 18-Jan-2023 Seed Round Financial Software
Evertas 12-Dec-2022 Later Stage VC Other Insurance
Origami (Claymont) 09-Sep-2022 Seed Round Business/Productivity Software
You’re viewing 5 of 11 investments and acquisitions. Get the full list »

Wave Financial Exits (1)

Wave Financial’s most recent exit was on 21-Aug-2012 from Vuru (Acquired 2014). The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Vuru (Acquired 2014) 21-Aug-2012 Completed
To view Wave Financial’s complete exits history, request access »

Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Vuru (Acquired 2014) Mississauga, Canada 2010

Wave Financial FAQs

  • When was Wave Financial founded?

    Wave Financial was founded in 2010.

  • Where is Wave Financial headquartered?

    Wave Financial is headquartered in Toronto, Canada.

  • What is the size of Wave Financial?

    Wave Financial has 308 total employees.

  • What industry is Wave Financial in?

    Wave Financial’s primary industry is Financial Software.

  • Is Wave Financial a private or public company?

    Wave Financial is a Private company.

  • What is Wave Financial’s current revenue?

    The current revenue for Wave Financial is .

  • How much funding has Wave Financial raised over time?

    Wave Financial has raised $92.3M.

  • Who are Wave Financial’s investors?

    Anthem Venture Partners, BDC Capital, CRV, Chamath Palihapitiya, and Exhibition Capital are 5 of 21 investors who have invested in Wave Financial.

  • Who are Wave Financial’s competitors?

    Kashoo Cloud Accounting, Autobooks, WorkingPoint, Financial Transmission Network, and iPayables are some of the 75 competitors of Wave Financial.

  • Who acquired Wave Financial?

    Wave Financial was acquired by H&R Block.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »