WaveBL operates a patented blockchain-based platform for the swift, secure, and authenticated transfer of original and unique electronic trade documents. Its multi-carrier solution is used by the world’s largest ocean carriers, freight forwarders, and other industry players and complies with universal processes and regulations. The company plans to expand new offerings and support scenarios that establish a new benchmark of trust and efficiency in international trade. WaveBL intends to offer a comprehensive digital trade documents solution covering issuance through customs. The recent financing will support those product and go-to-market plans and further solidify its industry position. Financially, the company closed its 2023 financing round at $37M (see fundraising details). WaveBL is a market-leading provider of electronic bills and a digital platform for the electronic transfer of trade documents. Its proprietary blockchain technology enables instantaneous, secure and authenticated transfer of unique electronic trade documents while ensuring compliance with universal processes and regulations. The company's multi-carrier platform is trusted by major ocean carriers and NVOCCs including MSC, ZIM, Hapag Lloyd, ONE, Leschaco and Saco. WaveBL is led by former technological leaders and experts from the Israel Defense Forces. Strong alliances with leading customers and stakeholders are driving faster digitalization and adoption of electronic trade documents. The company plans to use new funding to expand headcount, primarily in sales, marketing, and R&D, to expedite growth and further market adoption.

Total raised

$37M

Funding rounds

3

Latest round

Series B

Latest activity

Jan 2024