Name: Wave

Products: Financial software for small businesses

Manufactured In: Toronto, Ontario

Where to buy: Company website

Website: waveapps.com

Canadian Owned: No

Wave is a Canadian cloud-based company that was founded by Kirk Simpson and James Lochrie in 2010. They started Wave working in a shared workspace with a team of eight, but it wasn’t long until the company began to grow fast. By 2011, Wave had reached over 100,000 customers and made Deloitte’s 100 Companies to Watch list.

At its core, Wave offers free cloud-based accounting software to 3.5 million small businesses around the world. Accounting, invoicing, and receipt scanning are all free. Online payments and payroll are available for a fee.

Wave employs about 185 people at the Toronto HQ and has won several awards recognising its growth, culture, and diversity.

Note: Wave was purchased by H&R Block in 2019. H&R Block is an American-owned company.