Great Wave Ventures
Description
Great Wave Ventures is an early-stage venture capital firm based in New York City, dedicated to investing in the future of the built world. The firm strategically backs founders who are developing innovative technologies to transform how we design, construct, operate, and experience our physical environment. Their investment thesis centers on addressing critical challenges and opportunities within real estate, infrastructure, and urban development through technological advancements, aiming to foster innovation across the entire lifecycle of physical spaces.
The firm has successfully raised two funds to date, demonstrating a growing commitment to the sector. Great Wave Ventures launched its inaugural vehicle, Fund I, in 2021, which closed at $25 million. Building on this initial success, the firm announced the final close of its second fund, Great Wave Fund II, in May 2023, securing $50 million in capital commitments. This significant increase in fund size underscores investor confidence in Great Wave's strategy and the immense potential of the built world technology market.
Great Wave Ventures primarily targets companies at the seed and Series A stages of development. Their typical initial investment checks range from $500,000 to $2 million, providing crucial early capital to promising startups. The firm seeks to partner with visionary entrepreneurs who are leveraging cutting-edge solutions in areas such as sustainable building materials, construction automation, smart city infrastructure, property management software, and immersive architectural design. Through these investments, Great Wave Ventures aims to foster a more efficient, sustainable, and technologically advanced built environment for the future.
Investor Profile
Great Wave Ventures has backed more than 30 startups, with 3 new investments in the last 12 months alone. The firm has led 3 rounds, about 10% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Japan, Canada.
- Strong thematic focus on Software, Real Estate, Construction.
- Typical check size: $500K – $2M.
Stage Focus
- Seed (57%)
- Pre Seed (20%)
- Series A (17%)
- Series Unknown (7%)
Country Focus
- United States (90%)
- Japan (7%)
- Canada (3%)
Industry Focus
- Software
- Real Estate
- Construction
- Information Technology
- Artificial Intelligence (Ai)
- Cryptocurrency
- E-commerce
- Enterprise Software
- Virtual Reality
- Internet
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.
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