Wave Legal

Free invoicing and accounting for solo practitioners

Categories

Billing & Financial ManagementLegal Operations

Product Overview

Wave Legal is a cloud-based accounting software platform tailored for law firms and legal practitioners. It offers a comprehensive suite of tools designed to streamline financial management, enabling users to focus more on their legal expertise and client service. Key features include invoicing, expense tracking, payroll processing, and financial reporting, all accessible via desktop and mobile applications. Wave Legal also facilitates secure online payments through various methods, including credit cards, bank transfers, and Apple Pay, and provides automated reminders and recurring invoices to help eliminate late payments. Additionally, the platform offers bank account connections and real-time transaction updates, enhancing financial oversight and efficiency.

Features

  • Invoicing: Create professional invoices and estimates quickly.
  • Expense Tracking: Monitor and categorize business-related expenses.
  • Payroll Processing: Manage payroll for employees and contractors.
  • Financial Reporting: Access detailed reports to analyze income, expenses, and profitability.
  • Mobile Access: Use the Wave mobile app to manage finances on-the-go.
  • Secure Payments: Accept online payments via credit card, bank transfer, or Apple Pay.
  • Automated Reminders: Send automated reminders to clients to reduce late payments.
  • Recurring Invoices: Set up recurring invoices for ongoing services.
  • Bank Account Connections: Connect bank accounts for real-time transaction updates.
  • Tax Reports: Generate profit & loss, balance sheet, and cash flow reports instantly.

Funding History

Debt

$137.0M

June 2025

Rand Merchant BankBritish International InvestmentFinnfundNorfund

Debt

$92.0M

July 2022

International Finance CorporationSymbioticsBlueOrchardresponsAbility InvestmentsLendableFinnfundNorfund

Series A

$200.0M

September 2021

Sequoia HeritageFounders FundStripeRibbit CapitalPartech Africa

Seed

$14.0M

January 2019

PartechFounders FundStripe

Company Details

Headquarters
🇨🇦 Toronto, Canada
Founded
2009
Type
Legal Tech Vendor
Total Funding
$442.2M
Funding Stage
Acquired
Investors
BlueOrchard, British International Investment, Finnfund, Founders Fund, International Finance Corporation, Lendable, Norfund, Partech, Partech Africa, Rand Merchant Bank, Ribbit Capital, Sequoia Heritage, Stripe, Symbiotics, responsAbility Investments
Pricing
Freemium
Deployment
Cloud
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