About Wavemaker Partners
Wavemaker Partners is a venture capital firm founded in 2003. It is primarily based out of Los Angeles, United States. As of Feb 2026, Wavemaker Partners is an active investor, having invested in 444 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Eezee Overall, Wavemaker Partners portfolio has seen 4 unicorns, 9 IPOs and 89 acquisitions including key companies like Coins.ph, Mindbody and DailyPay. A lot of funds co-invest with Wavemaker Partners, with names like 500 Durians sharing a substantial percentage of its portfolio. Wavemaker Partners has team of 38 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Portfolio Soonicorns
Wavemaker Partners' List of Top Investments
Wavemaker Partners has a portfolio of 444 companies, including 4 unicorns. Their most notable investments are in eFishery and Meatiply.Their portfolio spans across United States, Singapore, Philippines and 19 more locations. They have invested in Enterprise Applications, Consumer, Retail and 34 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by Wavemaker Partners:
Thrive Market is an online membership-based platform offering organic groceries. Their product catalog includes snacks, beauty products, household products, beverages, etc. The company claims that its users can shop across categories like vegan, paleo, raw, gluten-free, etc. Some of the brands associated with the company are Jackson's honest, Acure, Smarty Pants, etc.
Key facts about Thrive Market
2. Coins.ph
Coins.ph is a digital wallet for Bitcoin assets. Allows users to transfer cash, bill payments, and phone recharge. It enables merchants to accept payments for multiple goods and services. It also facilitates buying and selling of Bitcoins.
Key facts about Coins.ph
- Founded Year: 2014
- Location: Pasig (Philippines)
- Stage: Acquired
- Total Funding till date: $40M
- Employee Count: 201 - 500 as on Jul 01, 2024
- Investors: Naspers, Quona and 15 Others
- Latest Funding Round: Series C, May 19, 2022, $*****
- Highlight: Acquired
3. Yulu
Platform offering shared electric two-wheeler rentals. It provides dockless, low-speed electric bikes for short-distance city travel. It includes battery-as-a-service subscriptions and offers app-based unlocking and real-time ride tracking. The platform aims to reduce urban congestion and emissions while serving both commuters and delivery riders.
Key facts about Yulu
- Founded Year: 2017
- Location: Bengaluru (India)
- Annual Revenue: ₹242Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $135M
- Employee Count: 185 as on May 31, 2025
- Investors: DFC, Tracxn Labs and 73 Others
- Latest Funding Round: Series B, Jun 29, 2025, $*****
- Highlight: Editors' Pick
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4. Mindbody
Provider of SaaS-driven business management software for beauty salons and fitness centers. It enables businesses to manage classes, appointment schedules, staff members, client information, online bookings, inventory, payroll, retail sales & more. It also provides a platform for users to book workouts at home via the virtual assistant.
Key facts about Mindbody
- Founded Year: 2001
- Location: San Luis Obispo (United States)
- Annual Revenue: $183M as on Dec 31, 2017
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $118M
- Employee Count: 1,453 as on Mar 31, 2026
- Investors: TDM Growth Partners, IVP and 13 Others
- Latest Funding Round: Series D, Mar 18, 2019, $*****
- Highlight: Acquired
5. DailyPay
Developer of an online platform for employee financial benefits. It offers an on demand pay solution that enables employers to provide earned wage access to employees. Employees must add the required information, amount, and request for the loan. Once approved by the employer, the funds are transferred to the registered bank account.
Key facts about DailyPay
- Founded Year: 2015
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $264M
- Employee Count: 710 as on Dec 31, 2024
- Investors: Section Partners, Access Industries and 46 Others
- Latest Funding Round: Conventional Debt, Feb 20, 2026, $*****
- Highlight: Editors' Pick
Wavemaker Partners' Year-on-Year Investment Trends
Wavemaker Partners has invested in 444 companies over the last 23 years, with an average of 14 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Neufast and most recent follow-on round was in Eezee.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 6 | 7 |
2024 | 17 | 6 | 23 |
2023 | 15 | 11 | 26 |
2022 | 16 | 16 | 32 |
2021 | 24 | 11 | 35 |
2020 | 15 | 7 | 22 |
2019 | 13 | 11 | 24 |
2018 | 18 | 3 | 21 |
2017 | 16 | 10 | 26 |
Wavemaker Partners' Investments by Stage
Wavemaker Partners has made 153 investments in Seed stage with an average round size of $1.97M, 63 investments in Series A stage with an average round size of $6.94M and 5 investments in Series B stage with an average round size of $8.52M.Stage of entry | No. of Investments |
|---|---|
Seed | 153 |
Series A | 63 |
Series B | 5 |
Series C | 3 |
Unattributed | 3 |
Others | 2 |
Note: We have considered here, only first round of investments
Wavemaker Partners' Investments by Sector
Wavemaker Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Retail, Vertical SaaS and FinTech. Notably, it has invested in 373 Tech companies, 286 Enterprise (B2B) companies, 229 Software companies and at least 164 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 115 |
Consumer | 65 |
Retail | 45 |
Vertical SaaS | 35 |
FinTech | 32 |
Others | 256 |
Note: We have considered here, only first round of investments
Wavemaker Partners' Investments by Geography
Wavemaker Partners has made most investments in United States (86), followed by Singapore where it has made 77 investments.Country | No. of Investments |
|---|---|
United States | 86 |
Singapore | 77 |
Philippines | 13 |
Indonesia | 10 |
Vietnam | 8 |
Others | 39 |
Note: We have considered here, only first round of investments
Wavemaker Partners' recent investments
Wavemaker Partners has made 1 investments in 2026 so far - Eezee.Here are the most recent investments by Wavemaker Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 24, 2026 | Singapore | Series A | 9614 | ||
Sep 30, 2025 | India | Seed | 1388 | [+7] | |
Sep 08, 2025 | Singapore | Seed | 5527 | [+4] | |
May 06, 2025 | Singapore | Seed | 3802 | ||
Apr 21, 2025 | Singapore | Series A | 4382 | [+1] |
Unicorns in Wavemaker Partners' Portfolio
Wavemaker Partners has 4 unicorns in its portfolio - eFishery, VideoAmp, DailyPay and others. The most recent unicorn in their portfolio is eFishery. It became a unicorn in 2023, 4 years after Wavemaker Partners first invested in it.Here is a list of unicorns in Wavemaker Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
57 | Provider of technology solutions for sustainable aquaculture | 2013 | Bandung | Series D | {deeizu | ||
61 | Data driven advertising media measurement and optimization tools | 2014 | Los Angeles | Series G | sjolvdb | ||
76 | Developer of an online platform for employee financial benefits | 2015 | New York City | Series D | vtfmsro | ||
65 | Provider of AI-powered 3D printed launch vehicles for small payloads | 2015 | Inglewood | Series E | ofusren |
IPOs and Publicly Listed companies in Wavemaker Partners' Portfolio
9 of Wavemaker Partners' portfolio companies have become public. Serve Robotics got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2024 at marketcap of $56.8M and WEBUY got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $207M.Here are Wavemaker Partners' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 18, 2024 | Aug 10, 2023 | Series A | 3522 | |
Oct 19, 2023 | Oct 29, 2020 | Series A | 7248 | |
Jan 31, 2022 | Sep 05, 2018 | Series C | 6385 | |
Jun 04, 2019 | - | - | 5415 | |
Nov 18, 2016 | - | - | 9753 |
Acquired companies in Wavemaker Partners' Portfolio
89 companies from Wavemaker Partners' portfolio have been acquired. The most recent acquisition was Nativo in Nov 2025 by Life360 for $*****.Here are Wavemaker Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 10, 2025 | - | - | 5345 | |
Oct 23, 2024 | Sep 20, 2017 | Seed | 2036 | |
Jun 12, 2024 | Mar 21, 2018 | Seed | 7468 | |
Feb 21, 2024 | Mar 27, 2015 | Seed | 2542 | |
Jan 11, 2024 | - | - | 1858 |
Team profile of Wavemaker Partners
Wavemaker Partners has a team of 38 members including 5 Partners, 4 Venture Partners and 7 Principals located in Singapore, United States and 3 more locations. Wavemaker Partners' team sits on the board of 2 companies.Here is a list of top team members in Wavemaker Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United States | - | ||
Partner | United States | |||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Venture Partner | Singapore | - | ||
Venture Partner | New Zealand | - | ||
Venture Partner | United States | - | - | |
Venture Partner | United States | - | ||
Principal | Singapore | |||
Principal | United States | - |
Co-investors of Wavemaker Partners
Over the past 23 years, 1299 investors have co-invested in Wavemaker Partners's portfolio companies. This includes funds and angels.
- Invested before Wavemaker Partners: Joyful Frog Digital Innovation, Techstars and 329 others have invested in rounds before Wavemaker Partners. There are 5 companies where Joyful Frog Digital Innovation has invested before Wavemaker Partners and 5 companies where Techstars has invested before Wavemaker Partners.
- Top Co-investors of Wavemaker Partners: 483 investors entered a company along with Wavemaker Partners. These include investors like 500 Durians (9 companies).
- Invested after Wavemaker Partners: A total of 485 investors have invested in Wavemaker Partners's portfolio after their investments. Top Investors include EDBI (6 companies), SEEDS Capital (6 companies) and Endeavor (5 companies).
Recent News related to Wavemaker Partners
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Asia-Pacific Startups Secure Funding; Keyrock Reaches $1.1B Valuationletsdatascience.com•Apr 14, 2026•Wavemaker Partners
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Wavemaker Partners Leads $1.6 Mn Pre-Seed Round in ConfluxeStartupNews•Mar 11, 2026•Wavemaker Partners, Wavemaker Partners, Confluxe, Kriscore
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SG procurement firm Eezee raises $5m pre-series BTech in Asia•Feb 24, 2026•Korea Investment Holdings, eezee, Kickstart Ventures, Wavemaker Partners and 1 other
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Singapore tech firms bag majority of S-E Asia funding for 9M 2025, at US$2.3 billionThe Business Times•Oct 03, 2025•Sygnum, SEEDS Capital, Integra Partners, East Ventures and 2 others
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Virtual spiritual app Vama is set to raise $2.7 million in pre-Series A round led by Wavemaker Partners.Entrackr•Sep 27, 2025•VAMA, AppsForBharat, 500 Global, Wavemaker Partners and 3 others
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Atomionics bags US$12.7M to map earth’s subsurface with quantum sensorse27•Sep 16, 2025•SG Growth Capital, Atomionics, Paspalis, VU Venture Partners and 3 others
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Southeast Asia Tech Funding Hits $2 Billion in H1 2025 as Late-Stage SurgesCrowdfund Insider•Jul 01, 2025•Digital Edge, Supabase, Thunes, Oasis Home and 12 others
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Tracxn : Sea Tech Holds Ground At $2b In 1h As Investors Bet Big On Late-stage Growth
TechNode•Jun 30, 2025•Supabase, Mirxes, Antalpha, Concorde Security and 14 others
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Startup funding falls to $1.1m in MayHong Kong Business•Jun 04, 2025•Neufast, Sailglobal, Wavemaker Partners, Wings Capital Ventures
