WaveBL

About

Funding history · 6 rounds · $52.0M total

Headcount over time

Q&A

What is WaveBL's primary business?

WaveBL is a digital platform that uses proprietary blockchain technology to enable the instant, encrypted, and authenticated transfer of electronic Bills of Lading (eBLs) and related trade documents, aiming to streamline global commerce.

When was WaveBL founded and by whom?

WaveBL was founded in 2014 by Yair Sappir, Gadi Ruschin, and Or Garbash.

What was WaveBL's most recent funding round?

In January 2024, WaveBL secured an additional $11 million in a Series B funding round. Investors included NewRoad Capital Partners and Reefknot Investments

What was the total amount raised by WaveBL?

WaveBL has raised a total of $52 million in funding.

How many employees does WaveBL currently have?

WaveBL has 76 employees, falling within the 51-200 employee range.

What was a significant recent partnership or proof of value for WaveBL?

In October 2024, WaveBL completed a Proof of Value (POV) with Swift, involving five global banks and MSC, a leading ocean carrier eBL issuer, for network connectivity.

Has WaveBL expanded its Series B funding?

Yes, in January 2024, WaveBL extended its Series B funding round to a total of $37 million, with an additional $11 million raised to expand its blockchain-based digital trade document platform.

What was a notable achievement for WaveBL in digital trade documentation in late 2025?

In December 2025, Lloyds and WaveBL successfully completed their first India-UK digital Letter of Credit (LC) on the WaveBL blockchain-based platform.

Team · 3

Or Garbash

Founder · Co-founder & CTO

Gadi Ruschin

Founder · Co-founder

Yair Sappir

Founder · Co-founder

Sectors & technology

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