About Wavecrest Growth Partners
Wavecrest Growth Partners is a venture capital firm founded in 2015. It is primarily based out of Boston, United States. As of Jun 2026, Wavecrest Growth Partners has invested in 31 companies. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and FinTech. Most recently it participated in the $***** Series B round of HICX Overall, Wavecrest Growth Partners portfolio has seen 14 acquisitions including key companies like Bullhorn, Xactly and Booker. A lot of funds co-invest with Wavecrest Growth Partners, with names like MassMutual Ventures sharing a substantial percentage of its portfolio. Wavecrest Growth Partners has team of 14 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 4 more
Portfolio Soonicorns
Wavecrest Growth Partners' List of Top Investments
Wavecrest Growth Partners has a portfolio of 31 companies. Their most notable investments are in Tier1 and MikMak.Their portfolio spans across United States, Canada, United Kingdom and 1 more locations. They have invested in Enterprise Applications, Retail, FinTech and 14 other sectors, across stages such as Series B, Series A and 4 more. Here is the list of top investments by Wavecrest Growth Partners:1. Bullhorn
Provider of cloud-based software for staffing and recruitment agencies. The software facilitates recruitment processes, including applicant tracking, CRM, automation, and analytics. The platform offers solutions tailored for small, midsize, and enterprise recruitment firms across various industries. The software provides tools to streamline workflows and improve candidate and customer experience.
Key facts about Bullhorn
- Founded Year: 1999
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $27.5M
- Employee Count: 1,504 as on Aug 31, 2026
- Investors: State Street Global Advisors, Wavecrest Growth Partners and 8 Others
- Latest Funding Round: Series C, Sep 08, 2020, $*****
- Highlight: Acquired
2. Xactly
Provider of intelligent revenue orchestration and sales performance management software. This platform integrates incentive compensation, quota management, and territory planning to synchronize the full revenue lifecycle. It leverages historical performance data and artificial intelligence to help organizations align sales behaviors with corporate objectives, improve forecast accuracy, and optimize territory distribution. The software automates administrative workflows, provides real-time visibility into sales metrics, and supports personalized coaching for sales teams. By unifying data from internal systems and customer relationship management tools, the platform facilitates data-driven planning and decision-making for finance and operations departments.
Key facts about Xactly
- Founded Year: 2005
- Location: San Jose (United States)
- Annual Revenue: $50M - $100M as on Jan 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $78.5M
- Employee Count: 883 as on Sep 30, 2026
- Investors: Sprout Capital Partners, Western Technology Investment and 18 Others
- Latest Funding Round: Series D, Dec 31, 2012, $*****
- Highlight: Acquired
3. Booker
Booker software is designed to help service businesses manage their operations and marketing. Booker enables service business to sell their services online, through their website and a network of partner sites and apps. Other features include integrated POS, payemts processing, payroll, inventory management, email marketing, campaigns, loyalty programs etc. Booker has 5,000 business clients in 70 countries. Notable clients include Hilton Hotels, Hard Rock Café, and DryBar.
Key facts about Booker
- Founded Year: 2007
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $93.5M
- Employee Count: 48 as on Sep 30, 2026
- Investors: Vital Venture Capital, VC23 and 12 Others
- Latest Funding Round: Series C, Mar 03, 2015, $*****
- Highlight: Acquired
4. Volante Tech
Volante offers payment facilitation solutions for financial institutions. It provides cloud payments and financial messaging solutions to accelerate digital transformation for banks, financial institutions, market infrastructures, clearinghouses, and corporate treasuries. It helps financial institutional clients integrate and manage the diverse and complex data message formats, standards, and protocols through modular software tools. Its products include Volante Designer defines the workflow of the data processes; VolPay, a suite of software applications designed to accelerate aspects of payments integration; and more.
Key facts about Volante Tech
- Founded Year: 2001
- Location: Jersey City (United States)
- Stage: Series C
- Total Funding till date: $116M
- Employee Count: 846 as on Sep 30, 2026
- Investors: Sixth Street, Visa and 12 Others
- Latest Funding Round: Series C, Nov 07, 2023, $*****
- Highlight: Editors' Pick
5. HICX
Provider of supplier management platform facilitating supplier information and process orchestration. The platform offers supplier information management, experience portal, and process orchestration. It provides onboarding and profile management for suppliers. The platform includes data model, workflows, integration, automation, and analytics services. It facilitates supplier performance management, risk management, and compliance management.
Key facts about HICX
- Founded Year: 2004
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $41.8M
- Employee Count: 114 as on Sep 30, 2026
- Investors: Wavecrest Growth Partners, Espresso Capital and 5 Others
- Latest Funding Round: Series B, Jun 25, 2026, $*****
Wavecrest Growth Partners' Year-on-Year Investment Trends
Wavecrest Growth Partners has invested in 31 companies over the last 10 years, with an average of 2 new investments annually in the last 10 years. As of Jun 2026, it has made 1 investment in this year. Its most recent first time investment was in Carpool and most recent follow-on round was in HICX.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 2 | 3 | 5 |
2022 | 2 | 3 | 5 |
2021 | 2 | 0 | 2 |
2020 | 3 | 0 | 3 |
2019 | 2 | 1 | 3 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Wavecrest Growth Partners' Investments by Stage
Wavecrest Growth Partners is primarily an Early Stage Investor investor majorly investing in Series B (9) rounds where average round size is $209M, Series A (3) rounds where average round size is $22M and Seed (1) rounds where average round size is $0.Stage of entry | No. of Investments |
|---|---|
Series B | 9 |
Series A | 3 |
Seed | 1 |
Series C | 1 |
Series D | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Wavecrest Growth Partners' Investments by Sector
Wavecrest Growth Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, Consumer and Retail. Notably, it has invested in 28 Enterprise (B2B) companies, 27 Tech companies, 23 Software companies and at least 20 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
Vertical SaaS | 8 |
FinTech | 4 |
Consumer | 3 |
Retail | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
Wavecrest Growth Partners' Investments by Geography
Wavecrest Growth Partners has made most investments in United States (10), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
United States | 10 |
United Kingdom | 3 |
Canada | 2 |
Netherlands | 1 |
Note: We have considered here, only first round of investments
Wavecrest Growth Partners' recent investments
Wavecrest Growth Partners has made 1 investments in 2026 so far - HICX.Here are the most recent investments by Wavecrest Growth Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 25, 2026 | United Kingdom | Series B | 2323 | - | |
Dec 27, 2024 | United States | Series A | 3927 | [+3] | |
Oct 07, 2024 | Canada | Series B | 5889 | ||
Nov 07, 2023 | United States | Conventional Debt | 4112 | ||
Nov 07, 2023 | United States | Series C | 3565 |
Acquired companies in Wavecrest Growth Partners' Portfolio
14 companies from Wavecrest Growth Partners' portfolio have been acquired. The most recent acquisition was MikMak in Jan 2026 by SPINS for $*****.Here are Wavecrest Growth Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 14, 2026 | Aug 03, 2020 | Series A | 8455 | |
Jun 24, 2025 | - | - | 1366 | |
Oct 29, 2024 | - | - | 9594 | |
Aug 23, 2022 | Dec 11, 2017 | Series B | 7243 | |
Oct 21, 2021 | Sep 30, 2016 | Series B | 1584 |
Team profile of Wavecrest Growth Partners
Wavecrest Growth Partners has a team of 14 members including 4 Partners and 2 Principals located in United States and Canada. Wavecrest Growth Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Wavecrest Growth Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Boston | - | - | |
Partner | Boston | - | - | |
Partner | - | - | - | |
Partner | Toronto | - | - | |
Principal | Boston | - | - | |
Principal | Chicago | - | - |
Co-investors of Wavecrest Growth Partners
Over the past 10 years, 63 investors have co-invested in Wavecrest Growth Partners's portfolio companies. This includes funds and angels.
- Invested before Wavecrest Growth Partners: Fedpointusa, Geneva Venture Partners and 21 others have invested in rounds before Wavecrest Growth Partners. There is 1 company where Fedpointusa has invested before Wavecrest Growth Partners and 1 company where Geneva Venture Partners has invested before Wavecrest Growth Partners.
- Top Co-investors of Wavecrest Growth Partners: 29 investors entered a company along with Wavecrest Growth Partners. These include investors like MassMutual Ventures (5 companies).
- Invested after Wavecrest Growth Partners: A total of 11 investors have invested in Wavecrest Growth Partners's portfolio after their investments. Top Investors include Wells Fargo Strategic Capital (1 company), BNY (1 company) and Visa Ventures (1 company).
Recent News related to Wavecrest Growth Partners
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HICX Secures £15m Funding for Supplier Data SolutionsBusinessCloud•Jun 25, 2026•HSBC Innovation Banking, HICX, Wavecrest Growth Partners, Wavecrest Networks and 1 other
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SPINS Acquires MikMak to Combine CPG Purchase Data with Commerce Media ActivationMobile Marketing Reads•Jan 14, 2026•MikMak, SPINS, Wavecrest Growth Partners
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Wavecrest Growth Partners Closes Fund III at $450MGlobeNewswire•Sep 29, 2025•Wavecrest Growth Partners, Gunderson Dettmer
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Carpool Logistics Secures $12m Series A From Wavecrest And Carmax To Scale Vehicle Shipping Platformintelligence360•Mar 24, 2025•Carpool, Wavecrest Growth Partners, CarMax
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With $12M Series A, Atlanta-based Carpool Logistics Eyes New Automotive VerticalsHypepotamus•Mar 12, 2025•Carpool, Wavecrest Growth Partners, CarMax
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Trolley: Global Payouts Company Secures $23 Million (Series B)Pulse 2.0•Nov 23, 2024•Trolley, Wavecrest Growth Partners, Pace Capital
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Trolley Secures $23 Million USD Series B to Accelerate Global Payout Platform ExpansionGlobal Fintech Series•Nov 13, 2024•Trolley, Wavecrest Growth Partners, Pace Capital
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Trolley Raised $23M in Series B Funding to Expand Global Payout PlatformSilicon Valley Journals•Nov 13, 2024•Trolley, Wavecrest Growth Partners, Pace Capital
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Volante Technologies: Cloud Payments Modernization Company Raises $66 MillionPulse 2.0•Nov 17, 2023•Volante Tech, Sixth Street Growth, Wavecrest Growth Partners, Wells Fargo and 5 others
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Chipper Cash Becomes the Largest Provider of Virtual Cards in Africa as it Expands Partnership with VISABitcoinke•Nov 15, 2023•Chipper Cash, Visa, Visa, Volante Tech and 6 others
