Insights

Market Positioning Wave sits in the UK non-household water retail space with a focus on cost efficiency and multi-utility services, presenting an opportunity to cross-sell bundled utilities and efficiency solutions to a sizable customer base of over 300,000 businesses.

Efficiency Focus The company emphasizes efficiency measures to lower clients' bills, suggesting upsell of energy/water optimization, metering analytics, and demand-side management services to reduce operating costs for business customers.

Strategic Heritage Born from a joint venture of established water retailers in 2017, Wave has a proven track record in customer service and billing, which can be leveraged in onboarding mid-market clients seeking reliable, compliant utility procurement partners.

Financial Readiness With reported revenue in the mid six-figure to seven-figure range and a scalable, B2B customer base, there is potential to pursue larger enterprise deals through expanded service tiers or strategic partnerships.

Tech Enablement Adoption of cloud and web technologies (CDN, analytics, marketing automation, CRM tooling) enables targeted digital outreach and streamlined onboarding, suggesting opportunities for data-driven upsell campaigns and improved customer lifecycle management.

Wave Tech Stack

Wave uses 8 technology products and services including Hotjar, Amazon Web Services, Zoho, and more. Explore Wave's tech stack below.

Wave's Email Address Formats

Wave uses at least 1 format(s):
Wave Email FormatsExamplePercentage
First@wave-utilities.co.ukJohn@wave-utilities.co.uk
65%
FLast@wave-utilities.co.ukJDoe@wave-utilities.co.uk
17%
FirstLast@wave-utilities.co.ukJohnDoe@wave-utilities.co.uk
17%
FirLast@wave-utilities.co.ukJohDoe@wave-utilities.co.uk
1%

Frequently Asked Questions

What is Wave's stock symbol?

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Wave is a publicly traded company; the company's stock symbol is WAVC.

What is Wave's official website and social media links?

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Wave's official website is wave-utilities.co.uk and has social profiles on LinkedIn.

How much revenue does Wave generate?

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As of August 2026, Wave's annual revenue is estimated to be $25M - $50M.

What is Wave's NAICS code?

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Wave's NAICS code is 22 - Utilities.

How many employees does Wave have currently?

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As of August 2026, Wave has approximately 303 employees across 4 continents, including EuropeNorth AmericaAfrica. Key team members include Ceo: L. D.Chief Financial Officer: K. M.Head Of Data: M. L.. Explore Wave's employee directory with LeadIQ.

What industry does Wave belong to?

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Wave operates in the Utilities industry.

What technology does Wave use?

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Wave's tech stack includes HotjarAmazon Web ServicesZohoFigmaAmazon Simple Email ServiceSendGridMicrosoft Azure1Password.

What is Wave's email format?

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Wave's email format typically follows the pattern of First@wave-utilities.co.uk. Find more Wave email formats with LeadIQ.

When was Wave founded?

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Wave was founded in 2017.
Wave logo

Wave

UtilitiesEngland, United Kingdom201-500 Employees

Wave Utilities is a UK-based utilities company that provides water and wastewater services to non-household customers. It was formed in 2017 through a joint venture between Anglian Water Business and NWG Business, combining strengths in customer service, billing and value-added services to offer a multi-utility retail proposition. The company is headquartered in Durham, England (DH1 5TS) and employs between 201 and 500 people. Wave Utilities serves more than 300,000 UK businesses and operates as a non-household water retailer across the United Kingdom. More information is available on its website at wave-utilities.co.uk.

Section iconCompany Overview

Stock Symbol
WAVC
NAICS Code
22 - Utilities
Founded
2017
Employees
201-500

Section iconFunding & Financials

  • $25M - $50M

    Wave's revenue is estimated to be in the range of $25M - $50M

Section iconFunding & Financials

  • $25M - $50M

    Wave's revenue is estimated to be in the range of $25M - $50M

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