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 June 2024, Asia Shipping selected WaveBL as their digital partner for electronic House Bills of Lading, indicating a growing adoption of WaveBL's digital documentation solutions within the shipping industry.
- What was a key development in WaveBL's funding in early 2024?
- In January 2024, WaveBL extended its Series B funding round, with NewRoad Capital Partners participating as a lead investor, to further expand its blockchain-based digital trade document platform.
- What was a notable achievement in trade finance for WaveBL in late 2025?
- In December 2025, Lloyds and WaveBL successfully completed their first India-UK digital Letter of Credit on the WaveBL platform, showcasing the platform's utility in streamlining international trade finance.
- How has WaveBL impacted trade financing processing time for CZ in the UK?
- In April 2025, CZ, a leading supply chain services company, cut its trade financing processing time with Mizrahi Tefahot Bank in the UK by 95% using WaveBL's digital documentation, demonstrating significant operational efficiency gains.
- When did WaveBL secure its Series B funding round?
- In June 2023, WaveBL secured a $26 million Series B funding round, with NewRoad Capital Partners.