Company Overview
Snapshot
Founded in July 2015 by Or Garbash and Yair Sappir, WaveBL operates with 51–200 employees. The company has raised $52 million across 6 funding rounds from 14 investors. In January 2024, WaveBL extended its Series B funding round, with NewRoad Capital Partners participating as a lead investor.
Business overview
WaveBL provides a digital courier platform that digitizes the process of transferring original paper documents, such as bills of lading. Its core technology enables instant, encrypted, and authenticated transfer of unique digital documents using blockchain. The company serves various members across the supply chain, including banking institutions, beneficial cargo owners, ocean carriers, and freight forwarders, operating within the Fintech & Insurtech sector.
Strategic signal
In October 2024, WaveBL completed a Proof of Value (POV) with Swift, involving five global banks and MSC, a leading ocean carrier. This collaboration demonstrates the platform's capability to enhance network connectivity and streamline digital trade document exchange, signaling strong validation for its blockchain-based electronic Bill of Lading (eBL) solution within the global trade finance ecosystem.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant recent partnership for WaveBL?
- In October 2024, WaveBL completed a groundbreaking Proof of Value (POV) with Swift, involving five global banks and MSC, a leading ocean carrier. This initiative focused on network connectivity for blockchain-based electronic Bill of Lading (eBL) transfers.
- What was the latest funding activity for WaveBL?
- In January 2024, WaveBL extended its Series B funding round. NewRoad Capital Partners participated as a lead investor, with ZIM Ventures also joining the round.
- When did WaveBL secure its initial Series B funding?
- In June 2023, WaveBL secured its Series B funding round. NewRoad Capital Partners led this round, with participation from Marius Nacht.
- Has WaveBL been involved in any significant pilot programs?
- In September 2016, Barclays and WaveBL completed a world-first blockchain trade, demonstrating the platform's capabilities in digital document transfer.
- When was Noam Rosenfeld appointed CEO of WaveBL?
- Noam Rosenfeld was appointed as the CEO of WaveBL in May 2022.