FundedIQ
Financial Services

WAVE BL: Funding, Investors & Team (Nov 2026)

WAVE BL is a digital courier platform that mirrors the traditional process for transferring original paper documents ⁠— electronically. Our solution enables instant, encrypted and authenticated transfer of Bills of Lading and other unique digital documents. WAVE BL's blockchain-based platform is designed to meet the needs of every member along the supply chain, from the smallest importer to the largest shipping carriers and banks. WAVE BL's mission is to create a paperless world. Paper is pricey, slow and exposed to risk of forgery and loss. Using digital documents reduces the cost of doing business, bolsters innovation and increases efficiency, security, and reliability.

www.wavebl.com LinkedIn Wilmington, United States 11-50 employees
Blockchain Cryptocurrency Financial Services FinTech Shipping Supply Chain Management Trading Platform
Total raised
$34.0M
Rounds
2
Latest
Series B
Jun 2023

WAVE BL has raised $34.0M across 2 funding rounds on record, the most recent a Series B of $26.0M announced in Jun 2023.

That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.

WAVE BL Company Profile and Key Stats

Total funding raised
$34.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series B
$26.0M in Jun 2023
Employees
11-50
reported band
Headquarters
Wilmington, United States

Latest funding round on record: Jun 2023.

WAVE BL Funding Rounds

Date
Round
Amount
Series B
$26.0M
Series B
$8.0M

WAVE BL raised $8.0M in a Series B announced in Mar 2021.

2.3 years later, a Series B of $26.0M was announced in Jun 2023.

WAVE BL Founders and Leadership Team

Name
Role
Contact
Or Garbash
Founder
Locked
Gadi Ruschin
CEO
Locked

Contact details for the WAVE BL team: 2 of 2 have an email address on file.

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WAVE BL Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
30,541
$7.8M
4,467
$31M

WAVE BL's latest round of $26.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like WAVE BL in Financial Services and Wilmington

Companies Similar to WAVE BL

WAVE BL Funding FAQs

What does WAVE BL do?

WAVE BL is a digital courier platform that mirrors the traditional process for transferring original paper documents ⁠— electronically. Our solution enables instant, encrypted and authenticated transfer of Bills of Lading and other unique digital documents. WAVE BL's blockchain-based platform is designed to meet the needs of every member along the supply chain, from the smallest importer to the largest shipping carriers and banks. WAVE BL's mission is to create a paperless world. Paper is pricey, slow and exposed to risk of forgery and loss. Using digital documents reduces the cost of doing business, bolsters innovation and increases efficiency, security, and reliability.

How much funding has WAVE BL raised?

WAVE BL has raised $34.0M across 2 rounds on record. The most recent is a Series B of $26.0M announced in Jun 2023.

When did WAVE BL last raise funding?

WAVE BL's most recent funding round on record is a Series B of $26.0M, announced in Jun 2023.

Who founded WAVE BL?

FundedIQ lists Or Garbash (Founder) at WAVE BL.

Who is the CEO of WAVE BL?

Gadi Ruschin is listed as CEO at WAVE BL.

Where is WAVE BL headquartered?

WAVE BL is based in Wilmington, Delaware, United States.

How many employees does WAVE BL have?

WAVE BL is in the 11-50 employee band.

How does WAVE BL's funding compare to other Financial Services startups?

WAVE BL's latest round of $26.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,756 tracked companies over the last two years.

About FundedIQ's WAVE BL Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for WAVE BL is left off this page rather than filled in.

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