About Wave Capital

Wave is a venture firm that leads pre-seed and seed rounds in marketplaces.

We helped build Airbnb and dozens of startups since; our model is hands-on and our portfolio is highly concentrated.

More detail here

team photo

Sara Adler

Sara brings a blend of both venture and operator experience to the Wave team. Following an early stint in VC as part of Menlo Ventures, she dove into the startup world, joining Facebook as an early member of their corporate development team. Over 6 subsequent years, she built the corp dev teams at Dropbox and Airbnb and led over 30 acquisitions.

Riley Newman

Riley brings expertise in data science and marketplace dynamics to Wave. As one of Airbnb's first 10 employees, he built its Data Science team over his 6 year journey at the company and was instrumental in shaping the $30 billion business at the time of his departure.