Portfolio

Wax Digital

Investment: Realised

Sector: Technology

Date: 2015 - 2019

Wax Digital is a cloud-based spend management software provider, offering its clients an integrated source-to-pay software platform.

Wax Digital’s solutions are deployed in over 100 countries with 250,000+ users worldwide. Wax has been consistently recognised by Gartner as a Magic Quadrant ‘visionary’ vendor during August’s ownership.

> 250 K

users worldwide

August invested in Wax in November 2015, and supported the management team to grow their SaaS platform and to expand into Europe and the US.

August realised the investment in Wax Digital in a sale to Swedish software firm Medius

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