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    Wave Capital

    San Francisco, California, United StatesFounded 2017

    Wave Capital is a seed-stage venture capital firm that primarily invests in marketplace models and consumer-centric businesses. They focus on backing exceptional founders from top-tier technology companies, taking a highly concentrated, hands-on operational approach with their portfolio companies.

    Deal activity increased 100% year-over-year (2 deals in the last 12 months). Their most common stage is seed (47% of deals). Average disclosed round size is $14.9M (across 15 rounds with reported amounts).

    Find people at Wave Capital on Goldilocks AI

    Portfolio

    15

    Fund Size

    $55M

    Top Stage

    Seed

    Last 12 Mo

    2

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    15 investments
    CompanyRoundAmountDate
    WWillo TechnologiesPre-Seed$2.9MFeb 2026
    OOrq.aiSeed$5MDec 2025
    BBahn ExpressPre-Seed$920KFeb 2025
    AeroSafe Global logoAeroSafe GlobalGrowth$43MAug 2023
    Blobr logoBlobrSeed$5.4MFeb 2023
    Locale logoLocaleSeries A$14MMay 2022
    Sweep logoSweepSeries B$73MApr 2022
    Sunday logoSundaySeed$24MApr 2021
    Darwin Homes logoDarwin HomesSeries A$15MJan 2021
    NNormativeSeed$2.1MSep 2019
    Basis logoBasisSeed$3.8MOct 2018
    TPH logoTPHSeed$250KApr 2018
    SSekaiUnknown$10.9M
    Amo logoAmoSeries B$20M
    Gladia logoGladiaSeed$4M

    Top Co-Investors

    byFounders2 shared
    Seedcamp2 shared
    NewSpring1 shared
    Merck Global Health Innovation Fund1 shared
    Y Combinator1 shared
    Luminar1 shared
    Innovestor1 shared
    Trind1 shared
    Makers Fund1 shared
    Bedrock1 shared
    La Famiglia1 shared

    Last updated: 16 April 2026