# Wave Accounting funding: rounds and investors

> Wave Accounting has raised $46M across 6 rounds since 2011. Investors include Omers Ventures, CRV and Social Capital. Every round with its source.

Source: https://millionrounds.com/company/wave-accounting (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Wave Accounting*

6 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$46M** raised across 6 rounds since 2011, from 6 sources

**$1.6M** Seed **$5.0M** Series A **$12M** Series B **$6.0M** Venture **$10M** Series C **$11M** Round

- **Latest round:** Round, $11M Oct 2016
- **Biggest round:** $12M Series B · May 2012
- **Investors:** 8

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011 2012 2013 2014 2015 2016

**$1.6M** Seed

**$5.0M** Series A

**$12M** Series B

**$6.0M** Venture

**$10M** Series C

**$11M** Round

- **First round:** Seed, $1.6M
- **Biggest round:** $12M
- **Usual gap between rounds:** 17 months

## The rounds

- **Oct 2016** Round **$11M** *1 new* BDC’s IT Venture Fund Reported by FinSMEs SEC filing: $11M sold, first sale Sept 2016
- **May 2015** Series C **$10M** *3 returning* [CRV](https://millionrounds.com/fund/crv) [Social Capital](https://millionrounds.com/fund/social-capital) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) From a historical funding record SEC filing: $10M sold, first sale Apr 2015
- **Oct 2013** Venture **$6.0M** *4 returning* [CRV](https://millionrounds.com/fund/crv) [Social Capital](https://millionrounds.com/fund/social-capital) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [The Social+Capital Partnership](https://millionrounds.com/fund/the-social-capital-partnership) Reported by marketbrief.com SEC filing: $6.0M sold, first sale Oct 2013
- **May 2012** Series B **$12M** *5 new* *2 returning* [CRV](https://millionrounds.com/fund/crv) [Social Capital](https://millionrounds.com/fund/social-capital) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [The Social+Capital Partnership](https://millionrounds.com/fund/the-social-capital-partnership) [Chamath Palihapitiya](https://millionrounds.com/fund/chamath-palihapitiya) [Devdutt Yellurkar](https://millionrounds.com/fund/devdutt-yellurkar) John Ruffolo Reported by techcrunch.com SEC filing: $12M sold, first sale May 2012
- **Oct 2011** Series A **$5.0M** *1 new* *1 returning* [CRV](https://millionrounds.com/fund/crv) [Omers Ventures](https://millionrounds.com/fund/omers-ventures) Reported by techcrunch.com SEC filing: $5.1M sold, first sale Oct 2011
- **May 2011** Seed **$1.6M** *1 new* [Omers Ventures](https://millionrounds.com/fund/omers-ventures) Reported by marketwire.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2011 **Series A** 2011 **Series B** 2012 **Venture** 2013 **Series C** 2015 **Round** 2016 [Omers Ventures](https://millionrounds.com/fund/omers-ventures) [CRV](https://millionrounds.com/fund/crv) [Social Capital](https://millionrounds.com/fund/social-capital) [The Social+Capital Partnership](https://millionrounds.com/fund/the-social-capital-partnership) [Chamath Palihapitiya](https://millionrounds.com/fund/chamath-palihapitiya) [Devdutt Yellurkar](https://millionrounds.com/fund/devdutt-yellurkar) BDC’s IT Venture Fund John Ruffolo

## Everyone who backed them

[Omers Ventures](https://millionrounds.com/fund/omers-ventures) VC firm **5** rounds

[CRV](https://millionrounds.com/fund/crv) VC firm **4** rounds

[Social Capital](https://millionrounds.com/fund/social-capital) VC firm **3** rounds

[The Social+Capital Partnership](https://millionrounds.com/fund/the-social-capital-partnership) VC firm **2** rounds

[Chamath Palihapitiya](https://millionrounds.com/fund/chamath-palihapitiya) VC firm **1** round

[Devdutt Yellurkar](https://millionrounds.com/fund/devdutt-yellurkar) Angel **1** round

BDC’s IT Venture Fund no record of our own yet **1** round

John Ruffolo no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wave-accounting).

## Quick answers about Wave Accounting

### Who invested in Wave Accounting?

Wave Accounting's investors include Omers Ventures, CRV, Social Capital, The Social+Capital Partnership and Chamath Palihapitiya, and 3 more on record.

### How much has Wave Accounting raised?

Wave Accounting has raised $46M across 6 rounds since 2011.

### When did Wave Accounting last raise?

Wave Accounting's most recent round was an Undisclosed round of $11M in Oct 2016.

### What was Wave Accounting's biggest round?

Wave Accounting's largest round on record is $12M (Series B), in May 2012.

### Who backed Wave Accounting first?

Wave Accounting's first round on record, in May 2011, was backed by Omers Ventures.

### What stage is Wave Accounting at?

Wave Accounting's latest named round is an Undisclosed round, in Oct 2016.

### Where is Wave Accounting based?

Wave Accounting is based in Canada.

## Companies like Wave Accounting

In the same sector, and raised in the last eighteen months.

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Koho** $144M · Jun 2026](https://millionrounds.com/company/koho)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)

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