Wavemaker Management, LLC

Micro VCSEC venture capital fund adviser· Santa Monica, Californiawavemaker.vc

Wavemaker: Southeast Asia Early-Stage VC investing in Enterprise, Deep Tech, and Sustainability startups solving key regional problems.

In the firm's own words, from its website.

Reported fund assets
$146M
the adviser's own Form ADV total
New companies, 12 mo
1
Investment team
24
Latest vintage
2018
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

17 additional team members, 12 additional co-investors and affiliates, 45 additional investments, funds and LPs, 6 verified contacts (3 professional url, 2 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 1 company
    new in 12 months

    1 new company in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 3 deals
    with Maam GP Pty

    Invests most often alongside Maam GP Pty (3 shared deals).

    pair last observed on record 30 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    Profile
  • Principal, Investment
    Why: Principal on the deal team
    No route on file yet
  • Partner
    Why: Partner: part of the investment decision
    No route on file yet

Relationship network

84 connected entities1 observed round

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Wavemaker Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Wavemaker Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

48 companies on record, 1 new in 12 months

Investments on record

48 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Glintsportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Company website
Privyrportfolio listingunknownunknownunknownunknownOct 1, 2026Fact Company website
>100Mportfolio listingunknownunknownunknownunknownSep 16, 2026Fact Firm website

Stated thesis versus observed behaviour

50 observed deals
Stated (the firm’s website)
Sectors
ai, enterprise software, biotech, climate, deep tech, hardware, cybersecurity, proptech, logistics, industrial, media, b2b
Stages
seed, series a, series b, early
Geography
asia, emerging markets, europe, global, silicon valley, singapore, southeast, usa
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 100%follow-on rate 0%new companies, 12 months 1

Team

26 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Eric Manlunas · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Danika Ariadna · Principal, Investment
    Why this person: Principal on the deal team; Named with investment responsibility
  • David Allen Siemer · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 1 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

26 current, 0 departed

Contacts

2 published business email, 1 firm phone, 3 professional url

2 published business email, 1 firm phone, 3 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

1 vehicle, 0 LPs disclosed

Funds and vehicles

1 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Wavemaker Partners V LPFund2018 form d first saleHarvest$30.5M
Jan 23, 2020
19$4.3M
of $75.0M
Jun 13, 2018

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

15 co-investors

Co-investors

15 counted from shared deals, for the whole firm

Evidence and history

4 dated events, 30 observations from 2 sources

Timeline

4 dated events
  1. Jan 23, 2020
    Wavemaker Management, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)
    First SEC adviser filingOrganizationFactForm ADV
  2. Jan 23, 2020
    Wavemaker Partners III LP first reported on Form ADV by Wavemaker Management, LLC (Venture Capital Fund), GAV $64,119,669
    Fund first reported on Form ADVFundsFactWavemaker Partners III LPForm ADV
  3. Jan 23, 2020
    Siemer Ventures II LP first reported on Form ADV by Wavemaker Management, LLC (Venture Capital Fund), GAV $51,094,903
    Fund first reported on Form ADVFundsFactSiemer Ventures II LPForm ADV
  4. Jan 23, 2020
    Wavemaker Partners V LP first reported on Form ADV by Wavemaker Management, LLC (Venture Capital Fund), GAV $30,548,349
    Fund first reported on Form ADVFundsFactWavemaker Partners V LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jan 23, 2020 · 3 private fundsShow
Headquarters
Santa Monica, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Jan 23, 2020
Private funds reported
3 (3 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$146Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Frontera Group, LLC (Owner), owns 50% to 75%

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Micro VC (confirmed, 95%)
    Venture manager, reported GAV $30.5M across 1 vehicle

Evidence

30 observations from 2 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedVenture capital fund adviserJan 23, 2020FactForm ADV
SEC adviser typeExempt reporting adviserJan 23, 2020FactForm ADV
First Form ADV filing2020-01-23Jan 23, 2020FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2020-01-23Jan 23, 2020FactForm ADV
Venture share of reported funds1Jan 23, 2020FactForm ADV
Business phoneJan 23, 2020FactForm ADV
Contact page urlSep 16, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 15, 2026Fact
HeadquartersSanta Monica, CAJan 23, 2020FactForm ADV
Office addressJan 23, 2020FactForm ADV
Legal formLimited Liability CompanyJan 23, 2020FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 15, 2026Fact
Private funds reported3Jan 23, 2020FactForm ADV
Private fund gross assets (reported)$146MJan 23, 2020FactForm ADV
Stated geographyAsia, emerging markets, europe, global, silicon valley, singapore, southeast, usa
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyAsia, emerging markets, europe, global, silicon valley, singapore, southeast, usa
“geography words on the home page”
Sep 15, 2026Fact
Stated sectorsAI, enterprise software, biotech, climate, deep tech, hardware, cybersecurity, proptech, logistics, industrial, media, B2B
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, enterprise software, biotech, climate, deep tech, hardware, cybersecurity, proptech, logistics, industrial, media, B2B
“sector words on the home page”
Sep 15, 2026Fact
Stated stagesSeed, series a, series b, early
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, series a, series b, early
“stage words on the home page”
Sep 15, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 15, 2026Fact
Venture funds reported3Jan 23, 2020FactForm ADV
WebsiteJan 23, 2020FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 15, 2026Fact
How this is scored
Scores, classification basis and filing advisersMicro VC, confirmed · 3 filing advisers share this firmShow
Importance
47
elevated
Active deployment
4
low
Emerging
0
low
Freshness
92
high
Micro VCSEC exempt reporting adviser

Venture manager, reported GAV $30.5M across 1 vehicle

This firm files as 3 advisers on wavemaker.vc: Wavemaker Pacific Partners Pte. Ltd., Wavemaker Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.35 · funds: 0.08 · people: 0.88 · investments: 0.63 · co investors: 0.48
active deployment
investments 12m: 0.13 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: 2026-06-22
emerging manager
fund count: 1 · reported gav: $146M · first adv filing: 2020-01-23 · years since first filing: 6.7

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

2 identity changes, 1 dated event on the change ledger, latest event first
  • Split out
    2026-09-14
  • Merged in
    2026-09-14
  • Adviser's first ADV filing
    2020-01-23source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.