Wave Accounting Inc. is a company that provides a suite of financial services and online software for small businesses. The Company manages income and expense transactions for its customers, including annual invoicing. Its first product was a free online accounting software designed for businesses with 1-9 employees, followed by invoicing, personal finance and receipt-scanning software (OCR). Later Wave began branching into financial services, initially with Payments by Wave (credit card processing) and Payroll by Wave, followed by Lending by Wave. Wave also launched the first free double-entry accounting platform in the cloud, which included unlimited bank data downloads.

Type
Private
HQ
Toronto, CA
Founded
2009
Size (employees)
169 (est)+4%
Wave HQ was founded in 2009 and is headquartered in Toronto, CA
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Key People/Management at Wave HQ

Kirk Simpson

Kirk Simpson

CEO & Co-Founder
Paul Marshall

Paul Marshall

COO
Ashira Gobrin

Ashira Gobrin

SVP, People & Culture
Les Whiting

Les Whiting

SVP, Financial Services
Ideshini Naidoo

Ideshini Naidoo

SVP, Engineering
Mani Fazeli

Mani Fazeli

SVP, Product
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Wave HQ Office Locations

Wave HQ has an office in Toronto
Toronto, CA (HQ)
235 Carlaw Ave, Suite 601
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Wave HQ Financials and Metrics

Summary Metrics

Wave HQ's latest funding round in May 2017 was reported to be $23.8 m. In total, Wave HQ has raised $79.5 m
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Wave HQ Operating Metrics

Wave HQ's Customers was reported to be 2.8 m in Jan, 2018. Wave HQ's Transactions' Volume was reported to be $200b in Jan, 2018.
Jan, 2018

Customer Transactions

550 m

Customers

2.80 m

Invoices Sent per Year

$19 b

Transactions' Volume

$200 b
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