- What does Wave do: Wave is an online accounting platform exclusively designed for small business owners, freelancers, and consultants. Wave offers double-entry accounting in an easy-to-use application.
- Launch year: 2010
- Company Name: Wave Financial Inc.
- Headquarters: Toronto, Canada
- Founder(s): Kirk Simpson, James Lochrie
- Total Number of Wave employees: 205+ (Jan 2019)
- How many people use Wave: Over 3.5 million
- Revenue: $ 40.5 million
- New users per month: 70 million (Approx)
- Monthly downloads: 43,690 (Approx)
- Active technologies used by Wave: 68 technologies for its website
- Active products used by Wave: Wave uses 40 technology products and services including Google Analytics, WordPress and Vimeo
- Countries that Wave has users in: 200
- Wave Access: Web Based, iPhone App, Android App
- App Integration: Apps such as PayPal and Etsy, but more than 1000 apps can be accessed through zapier
- Funding raised so far: $ 83.2 million
- Top 5 Competitors or similar products: QuickBooks, FreshBooks, Xero, Zoho, Sage
- History: The company’s first product was a free online accounting software designed for businesses with 1-9 employees
- Free plan: All accounting features in Wave are free
- What makes Wave interesting: Customizable invoice templets based on unique business needs, Multi-currency feature
- Awards: Certified as a great place to work, Named Best Budgeting & Accounting Software for 2019
- Acquisitions: Small payrolls, Vuru.co, Every
- Wave Acquired by: H&R Block-tax preparation company on June 11, 2019
- Criticism: Lacks in the depth of features
+One interesting news:
Wave Named Best Budgeting & Accounting Software for 2019
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