Wave Financial

Wave Financial (operating at waveapps.com) is a financial software platform engineered for small businesses and freelancers. Founded in 2009 by Kirk Simpson and James Lochrie and headquartered in Toronto, Canada, Wave Financial simplifies the complexities of accounting, invoicing, and payment processing for independent professionals and micro-enterprises. Unlike traditional accounting tools that require steep learning curves or costly subscriptions, Wave consolidates invoicing, expense tracking, payroll, and tax preparation into a unified, user-friendly system. Under the hood, the platform leverages cloud-based automation and real-time data synchronization to streamline workflows, reducing manual errors and administrative burdens. This allows small business owners, creators, freelancers, consultants, and contractors in the US and Canada to manage their finances with clarity, efficiency, and tax readiness year-round. Backed by US$79.4 million in total funding across eight rounds, including a strategic US$24 million round led by NAB Ventures, Wave has positioned itself as a leader in accessible financial tools for the gig economy and small business sector.