Like most entrepreneurs, Kirk Simpson (co-founder and CEO of Wave) hated everything to do with accounting, invoicing and payroll. Before launching Wave he owned two successful tech companies, in a time when there wasn’t a simple and free financial software in the market for small businesses. Understanding first-hand the pain of managing finances, he knew there had to be a better way to support small business owners.
So in 2010, along with James Lochrie, they officially launched Wave. At the time, only eight employees working out of a small shared workspace in Toronto’s Leslieville neighbourhood. Wave has since grown to become an award-winning financial services software company, with more than 200 employees serving millions of entrepreneurs and freelancers around the world.
Fun fact: 55% of Wave employees have owned a business.
Wave officially launches with eight employees, working out of a shared workspace.
Reaches a milestone of 100,000+ customers.
Makes Deloitte's 100 Companies to Watch list.
Moves into the historic Wrigley building at 235 Carlaw Ave.
Launches Payroll by Wave and Payments by Wave in North America.
Surpasses 500,000 customers.
Launches Receipts by Wave mobile app.
Launches Payments by Wave app.
Reaches 2.5+ million customers around the world.
Launches Invoice by Wave.
Takes over two floors at 235 Carlaw Ave.
Wave launches new brand.
Surpases 3.5 million customers worldwide.
Workforce grows to more than 200.
Wave Acquires Fintech startup Every.