San Francisco · Seed · 2 people tracked
Also known as WAVE Capital CD · WAVE CAPITAL LLC
Investment thesis
Wave is a selective, concentrated seed-stage fund that only leads rounds and makes at most four investments per year. It backs businesses with a clear mission and, most importantly, founders the partners would want to work for. The partners draw on operating experience building teams at companies such as Airbnb, Dropbox and Facebook, positioning themselves not just as investors but as members of a startup's early team.
Source: firm website, verified Aug 25, 2026.
Team · 2 people
from public directories
What they invest in
from 1 of 1 portfolio companiesDigital Health ×1Healthtech ×1Marketplaces ×1Medical Devices ×1
HQs:United States×1
Investments · 1 tracked
founders shown can be your intro path
Float operates a technology platform that enables nurses to administer specialty medications to patients at home, serving patients requiring specialty infusions and healthcare providers seeking to shift treatment delivery from hospitals and clinics.
Digital HealthHealthtechMarketplacesMedical DevicesCarlsbad, US
Ryan Johnson(Founder)inChristy Johnson(Founder)inLauren Sullivan(Executive Officer, Director)
BoardMike Ghaffary(Director)inSara Adler(Director)in
Co-investorsAlso CapitalCanvas VenturesY Combinator
Frequently asked questions
- What stage does Wave Capital invest at?
- Wave Capital invests at the Seed stage.
- What is Wave Capital's typical check size?
- Wave Capital typically writes checks of $25K – $1M.
- What sectors does Wave Capital focus on?
- Wave Capital focuses on Sector Agnostic.
- Where is Wave Capital located?
- Wave Capital is headquartered in San Francisco, US.
- Does Wave Capital lead rounds?
- Yes, Wave Capital leads investment rounds.
Media · Podcasts & interviews
featuring the teamBuilding Wave Capital - Sara Adler, General Partner, Wave Capital
Venture Voices · Sara
Co-investors · 12
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Firms observed investing alongside Wave Capital, from public investor directories. Shared companies are the overlap with Wave Capital's recorded portfolio.
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