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A Royal Bank of Canada branch stands in downtown Vancouver, British Columbia, Canada.
Toronto-based Wave, a Canadian financial technology (
Other investors in Wave include Portag3 and PowerCorp, who joined existing backers Social Capital, BDC Capital, CRV, Omers Ventures, Harbourvest and OurCrowd in this strategic fundraising round.
Wave offers small businesses financial management software that can integrate invoicing, payments, loans, payroll and receipt management functions in order to improve oversight, accounting procedures and cash flow and management activities.
“We’re proud to support Wave as they continue to bring solutions to market for entrepreneurs in Canada and around the world,” said Mike Dobbins, head of