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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).
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
| Company | Round | Amount | Date |
|---|---|---|---|
| WWillo Technologies | Pre-Seed | $2.9M | Feb 2026 |
| OOrq.ai | Seed | $5M | Dec 2025 |
| BBahn Express | Pre-Seed | $920K | Feb 2025 |
| Growth | $43M | Aug 2023 | |
| Seed | $5.4M | Feb 2023 | |
| Series A | $14M | May 2022 | |
| Series B | $73M | Apr 2022 | |
| Seed | $24M | Apr 2021 | |
| Series A | $15M | Jan 2021 | |
| NNormative | Seed | $2.1M | Sep 2019 |
| Seed | $3.8M | Oct 2018 | |
| Seed | $250K | Apr 2018 | |
| SSekai | Unknown | $10.9M | — |
| Series B | $20M | — | |
| Seed | $4M | — |
Top Co-Investors
Coatue Management3 shared
byFounders2 shared
Seedcamp2 shared
NewSpring1 shared
Merck Global Health Innovation Fund1 shared
Hamilton Lane1 shared
Andreessen Horowitz1 shared
Y Combinator1 shared
Decent Capital1 shared
Luminar1 shared
Innovestor1 shared
Trind1 shared
Kima Ventures1 shared
Makers Fund1 shared
Motier Ventures1 shared
Bedrock1 shared
Lightspeed Venture Partners1 shared
Balderton Capital1 shared
La Famiglia1 shared
Canvas Ventures1 shared
Last updated: 16 April 2026