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. The Company's 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.
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|OMERS Ventures, Chamath Palihapitiya, HarbourVest Partners, CRV, Social Capital, BDC Capital Corporation, Devdutt Yellurkar, John Ruffolo, BDC IT Venture Fund|