WaveBL
WaveBL provides blockchain-based digital trade document transfer, specializing in electronic bills of lading. The 76-person company has raised $52M, most recently in a Series B round in June 2023.
The growth story
WaveBL grew from 39 to 76 employees between 2021 and 2026, raising $52M along the way, most recently a Series B in June 2023.
About
WaveBL sells a platform for digitizing trade documents, particularly bills of lading, using blockchain technology. Its software aims to replace paper-based systems with secure digital alternatives for global trade participants.
The company has grown to 76 employees and secured $52M in funding, including a Series B round in mid-2023. Its blockchain-based approach to trade documentation has attracted investors including Blockchain Capital and Contour Venture Partners.
Founders and leadership
Engineering is WaveBL's largest function with 21 employees, representing over a quarter of its workforce. The company's leadership team includes veterans from Israeli tech firms and military intelligence units.
The WaveBL org chart
Or Garbash (Co-founder & CTO) leads 31 mapped leaders with 10 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 19 (+12% YoY), Information Technology 12 (-14% YoY), Customer Success and Support 11 (0% YoY), Sales 9 (0% YoY), Operations 5 (+67% YoY), Business Development 4 (+33% YoY).
Talent flow
WaveBL recruits heavily from Israeli institutions, with the Israel Defense Forces being the top talent source. Employees frequently move to smaller Israeli tech startups after leaving, with ai-mates being the most common destination.
Most common previous employers of WaveBL staff: Israel Defense Forces (9), SolarEdge Technologies (3), Amdocs (3), IBM (3), Israeli Military Intelligence (2), Allot (2). Former WaveBL employees most often moved to ai-mates (2), Webz.io (1), CodeValue (1), EZ-R.O.I (1), Katalyze (1), Splander (1).
Alumni worth knowing
The WaveBL mafia
WaveBL alumni have founded six companies, including Loops Lab, which employs 19 people, and ai-mates, a two-person startup. Other ventures include marketing and software development firms.
6Yona Segev, was Co-Founder until 2016Jonathan Passwell, was Vice President Strategic Partnerships until 2025Ilan Weiss, was Executive VP Marketing until 2025Bhavna Sethi, was Chief Strategy Officer until 2024Shana Vernon-Tzuberi, was Marketing Communications Manager until 2025Jonathan H., was Head of Product & Product Marketing until 2025Web traffic
Traffic mix: 71% direct, 10% search, 10% social, 1% paid.
What this company is made of
Most common skills at WaveBL: Java (24), Software Development (22), SQL (22), JavaScript (22), Management (21), Microsoft Office (20), Startups (18), Project Management (18).
Where the team actually sits
WaveBL people are concentrated in Israel (24), Tel Aviv District, Israel (13), Center District, Israel (9), Haifa District, Israel (2).
Search footprint
WaveBL attracts about 88 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 16 ranking keywords and lost 16 in the last period.
What employees say
- Compensation
- 2.80 / 5
- Career opportunities
- 3.20 / 5
- Senior management
- 2.40 / 5
- Work-life balance
- 3.20 / 5
Frequently asked
WaveBL has 76 employees as of September 2026.
WaveBL has raised $52M in total, most recently a Series B round in June 2023.
WaveBL was founded in 2015 by Or Garbash.
Or Garbash (Co-founder & CTO) sits at the top of WaveBL's reporting structure, with 10 direct reports.
The most common previous employers of current WaveBL staff are Israel Defense Forces (9 people), SolarEdge Technologies (3 people), Amdocs (3 people).
Former WaveBL employees most often move to ai-mates (2), Webz.io (1), CodeValue (1).
At least 6 companies have a founder who previously worked at WaveBL, including Loops Lab, ai-mates, StarsUp Marketing.
WaveBL attracts about 88 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among WaveBL staff are Java, Software Development, SQL, JavaScript, Management.
WaveBL staff are concentrated in Israel (24), Tel Aviv District, Israel (13), Center District, Israel (9).
WaveBL has about 19 people in Engineering, up 12% over the past year, as of September 2026.
WaveBL has about 12 people in Information Technology, down 14% over the past year, as of September 2026.
Computed from 55 current and 65 former WaveBL profiles, as of September 2026. Source: Crustdata.
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