The Venture Codex Logo

The Venture Codex

Wave Financial

12400 Wilshire Boulevard, Suite 995, Los Angeles, California, 90025, United States

Overview

Digital asset management and venture capital in crypto and blockchain.

Founded

2018

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Cayman Islands
Switzerland
United Arab Emirates
United States

Sector focus

Asset Management
Blockchain
Cryptocurrency
Finance
...

Investment portfolio

8rounds
NAMEDATESIZE
Agentum
Sep 2026Participated
$7 MOther Equity
Maestro
Feb 2025Led
$3 MSeed
Crypto Valley Exchange
Apr 2024Participated
$7 MSeed
Omega
Feb 2024Participated
$6 MOther Equity
Fluree
Apr 2023Participated
$10 MSeries A
CXIP Labs
Apr 2022Led
$7 MSeed
Flare Network
Jun 2021Participated
$11 MOther Equity
BlockSwap Network
Apr 2021Led
$3 MOther Equity
Agentum
Sep 2026Participated
$7 MOther Equity
Maestro
Feb 2025Led
$3 MSeed
Crypto Valley Exchange
Apr 2024Participated
$7 MSeed
Omega
Feb 2024Participated
$6 MOther Equity
Fluree
Apr 2023Participated
$10 MSeries A
CXIP Labs
Apr 2022Led
$7 MSeed
Flare Network
Jun 2021Participated
$11 MOther Equity
BlockSwap Network
Apr 2021Led
$3 MOther Equity
8
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Wave Financial: 8 funding rounds are recorded in the selected participation categories.All available history.
Wave Financial: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed21
Series A01
Other Equity13

Monthly Deal Activity

Wave Financial: 8 deals are recorded across 67 months.All available history.
Wave Financial: 8 deals are recorded across 67 months. All available history
MonthDeals
Apr '211
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '241
Mar '240
Apr '241
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '251
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Wave Financial: Crypto & Blockchain is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Wave Financial: Crypto & Blockchain is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Crypto & Blockchain8
Fintech3
Enterprise Software1
AI & Machine Learning1
Social & Community Platforms1

Deal Size Distribution

Wave Financial: 8 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Wave Financial: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M4
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Wave Financial: United States has the largest recorded deal count among the displayed regions (4 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Wave Financial: United States has the largest recorded deal count among the displayed regions (4 deals). All available history
RegionDeals
United States4
Cayman Islands1
United Arab Emirates1
Europe1
Japan1
Wave Financial: 20 co-investors are shown, with Borderless Capital sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Wave Financial: 20 co-investors are shown, with Borderless Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Borderless Capital2
Algorand EU Accelerator1
AlphaLab Capital1
AMDAX1
Arca1
Arca Fund1
Augment Ventures1
Avalaunch1
Backend Capital1
Bankless Ventures1
BingX Exchange1
Bitcoin Frontier Fund1
Blockchain Founders Fund1
Blockchain.com1
Cabin VC1
Cadenza Ventures1
CDI1
cFund1
CoinFund1
Company Ventures1

Investment Strategy

Wave Financial: Led accounts for 38% and participating for 63% of round participation.All available history.
Wave Financial: Led accounts for 38% and participating for 63% of round participation. All available history
CategoryDeals (count)Share (%)
Led338%
Participating563%
Wave Financial: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Wave Financial: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led3100%

Team

Benjamin Tsai

President & Co-Founder

David Siemer

CEO & Co-Founder

James Robnett

Chief of Government Operations

Jennifer Wilde Anderson

COO and Co-Founder

Les Borsai

Co-Founder

Matteo Dante Perruccio

President, International