We’re thrilled to announce that we’ve led a $2.5M round in Wavy alongside Garage Capital, Two Small Fish Ventures, Archangel, Backbone Angels, and others.
Wavy empowers people leaders to plan flexible events, collaborate across teams, gain visibility on spend and engagement, and measure the impact of their culture and team building initiatives. The company will use the funding to fuel the ongoing development of its culture platform, grow its global team of Wavers, expand its marketplace of experience creators, and engage one million employees across its customer base.
I first met Shawn in February 2021 through Alwar Pillai (thank you, Alwar! 🙏). After pivoting the business because of COVID, the company discovered an untapped opportunity in helping companies build better culture with remote/hybrid teams. A few months later, Wavy’s momentum and acceleration were even clearer, and we began discussing what a seed round would look like.
Fast forward to today, and Wavy has earned the trust of hundreds of companies for much more than planning team-building events. We all know there is more to work life than virtual happy hours, and Wavy is providing the blueprint for a better way.
Whether you’re looking for an experience as unique as your team or a platform that enables you to build culture with your people, not for them, the Wavy team is here to help 🌊
You can read more about the round from the Wavy team and Betakit.