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WaveBL uses blockchain to support the electronic transfer and management of trade documents.
Founded in 2015 by Yair Sappir and Or Garbash and based in Israel, WaveBL develops a platform for issuing and transferring electronic trade documents. It supports digital bills of lading, certificates, letters of credit, audit trails, and document archiving for carriers, cargo owners, freight forwarders, and banks. As of April 2023, it had a presence in 100 countries, facilitated over 333,500 eBL issuances, and served 8,800 users. In June 2023, it raised USD 26 million in Series B funding led by NewRoad Capital Partners and Reefknot Investments, with returning investors also participating.
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