Wavve, a privately owned company headquartered in South Korea, was founded in 2019 and employs approximately 60 individuals. The company reported $25.5M in revenue as of 2023, and functions as a tier 2 media tech buyer. As a Content Alliance Platform (CAP), Wavve specializes in providing real-time broadcasting and VOD services, including access to more than 70 premium channels, over 200,000 VODs, and various movies in Korea.
On April 22, 2026, the collective action platform Wave, powered by the Future Investment Initiative (FII) Institute, announced that its data platform Ocean Central received a trophy in the annual Webby Awards, which recognize internet excellence, for advancing ocean health.