Diligence memo · auto-generated · as of July 3, 2026
Wave Insurance Technologies, Inc.
Wave Insurance Technologies, Inc. has raised $5.0M over 2 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Wave Insurance Technologies, Inc. operates in Insurance, based in DALLAS.
Sub-sector tags: insurance.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Wave Insurance Technologies, Inc. has raised $5.0M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.5M on 2016-09-28.
Most recent recorded round closed around 2016-09-28.
Valuation (modeled)modeled
Provath models Wave Insurance Technologies, Inc. at approximately $67M (range $6.1M–$366M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 9.8 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 2.5× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 82% of Insurance peers (146 compared).
Modeled value ranks above 88% of those peers.
Closest niche peers: Paladin Data Insurance Corp..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.