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Wave Capital

Wave II, L.P.

Follow-ons onlyEmerging manager

Follow-ons only: first sale Oct 2021, per Form D (fund age approximates vintage)

Vintage
2021
Fund size
$54.3M (Form D)
Stages
Seed
Sectors
Not stated
Regions
Not stated

01 · Thesis

No thesis found on the firm's website yet.

02 · Initial check

$543K to $905K (estimated from fund size)

Estimated from Form D

03 · Who to approach

Named on this fund's Form D

  • Sara Adler, Managing Director of Wave GP II, LLC, general partner
  • Riley Newman, Managing Director of Wave GP II, LLC, general partner

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideWave is a seed fund based in San Francisco, run by two equal partners and no staff. It leads no more than four investments per year and looks for businesses with a clear mission and founders it would want to work for.

    Wave is a seed fund based in San Francisco, run by two equal partners and no staff.
    https://wave.capital/

06 · Sources

  1. https://wave.capital/
  2. https://www.sec.gov/Archives/edgar/data/1887893/000188789323000001/

Last verified: Oct 25, 2026