WAVE Equity Partners

WAVE Equity Partners is a Boston-based growth equity firm dedicated to investing in companies that provide solutions to critical resource challenges within the cleantech and sustainability sectors. The firm distinguishes itself by partnering with early-growth innovators whose technologies and business models are poised to deliver immediate financial returns alongside significant environmental impact to global industries. Their investment philosophy centers on identifying and scaling businesses that are not only profitable but also contribute positively to resource efficiency, waste reduction, and cleaner energy solutions.

The firm's strategic approach involves identifying companies with proven technologies, robust management teams, and substantial revenue growth potential. WAVE Equity Partners seeks to be more than just a capital provider, actively engaging with portfolio companies to offer strategic guidance, operational expertise, and access to their extensive network. This collaborative model is designed to accelerate the growth and market penetration of their investments, ensuring long-term success and impact. They typically look for companies with revenues ranging from $10 million to $100 million, indicating a focus on businesses that have moved beyond the seed stage and are ready for significant scaling.

Financially, WAVE Equity Partners typically deploys first checks ranging from $15 million to $40 million, positioning them as a key growth equity provider in the cleantech space. Their commitment to the sector is underscored by the successful closing of their latest fund, WAVE Equity Partners IV, which secured $300 million in capital in 2022. This substantial fund size enables them to make meaningful investments and support their portfolio companies through various stages of expansion, reinforcing their capacity to drive significant change within the sustainable technology landscape.