Startup Alternatives
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Wave vs Xero

Pricing, founders, indie status and curated alternatives compared from our directory — all data points sourced from each tool's public site or press materials.

Wave

Free accounting + invoicing.

Freemium · $16/mo
Visit Wave
Xero

Cloud accounting from New Zealand.

Visit Xero
At a glanceWaveXero
Pricing
$16/mo
$15/mo
Pricing model
Freemium
Paid
Founded
2010
2006
Location
Wellington, New Zealand
Bootstrapped
Open source
Category
Invoicing & Accounting
Indie alternatives
0
3
Founders
Kirk Simpson, James Lochrie
Rod Drury

Key differences

  • Pricing

    Xero starts cheaper at $15/mo; Wave starts at $16/mo.

  • Funding

    Both are venture-backed.

  • Founded

    Xero (2006) is 4 years older than Wave (2010).

  • Indie alternatives

    Wave has 0 curated indie alternatives in our directory; Xero has 3.

Differences are derived directly from the data on each tool's page. Empty fields mean we haven't verified a value yet — never that one tool lacks the capability.

Founders of Wave

  • Kirk SimpsonCo-founder & CEO
  • James LochrieCo-founder

Founder of Xero

  • Rod DruryFounder

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