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Key people at Wavecrest Growth Partners.
Wavecrest Growth Partners was founded in 2015 by Vaibhav Nalwaya (Co-Founder and Managing Partner).
Wavecrest Growth Partners is a growth equity firm dedicated to investing in and partnering with business-to-business (B2B) software and technology-enabled services companies. It provides strategic capital and operational expertise, collaborating closely with portfolio companies to accelerate growth and enhance market leadership through sustainable expansion. The firm's approach emphasizes active involvement to foster operational excellence within the technology sector.
Founded in 2015 by Deepak Sindwani and Vaibhav Nalwaya, Wavecrest Growth Partners emerged from their insight into the unique needs of high-growth B2B technology enterprises. Both founders brought substantial prior investment and operational experience. Their ambition was to move beyond traditional funding, acting as strategic allies supporting management teams through crucial development phases.
The firm targets founders and leadership of established, capital-efficient B2B software and technology-enabled service businesses aiming for substantial scale. Wavecrest Growth Partners’ vision is to be the premier partner, empowering these companies to realize full potential. They deliver a distinctive blend of financial backing and expert guidance, cultivating lasting value and propelling innovation.
Key people at Wavecrest Growth Partners.
Wavecrest Growth Partners was founded in 2015 by Vaibhav Nalwaya (Co-Founder and Managing Partner).
Wavecrest Growth Partners has 5 tracked investments across 3 companies. The latest tracked deal is $45.0M Series B in Recentive Analytics in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 18, 2026 | Recentive Analytics | $45.0M Series B | Wavecrest Growth Partners | Steven Murray, Arthur M. Blank |
| Mar 1, 2025 | Carpool Logistics | $12.0M Series A | Wavecrest Growth Partners | Startfast |
| Mar 28, 2023 | EDITED | $15.0M Other Equity | Colin Barclay | Beringea, Hermes GPE |
| Mar 1, 2023 | EDITED | $15.0M Series U | Delta V Capital | 14W, Beringea, Gotham GAL Ventures, Robin Klein, Hermes GPE |
| Apr 1, 2020 | EDITED | $29.0M Series U | Beringea, Wavecrest Growth Partners | 14W, Gotham GAL Ventures, Robin Klein, Hermes |