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

+One interesting news:

Wave Named Best Budgeting & Accounting Software for 2019

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Revathi

Revathi

Revathi is a business associate at HelloLeads. Her mission is to help start-ups and small businesses to improve productivity and help them to scale up. She enjoys writing on work life balance and subjects that are of interest to growing businesses. Send an email to blogs@helloleads.io to reach her.

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