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Pre-Launch · Filing seed · Series A — Q4 2026

Teams and organisation

Six teams. One registry. One rulebook.

Wavestar runs lean and senior. Each team is sized for the v1 build — not for the Series A pitch. Reporting lines are flat; cross-team ownership is the default. The founder runs the engineering and product function through Series A.
Teams
6
Target headcount · v1
~45
Executive team size
5
Ratio · IC : Manager
~8 : 1

Team map

How the company is divided

Thin reporting lines, wide individual-contributor scopes. Management is a craft, not a rank.
  • 01

    Engineering

    Four product modules on a shared registry. TypeScript at the edge, Rust where latency matters, Go for the Trillian registry, and Python for AI and risk models. Security, platform, and SDK subteams.
  • 02

    Clearing operations

    Runs the live clearing function — margin, default, member services, and the rulebook. Cross-functional with regulatory and engineering. Owns the settlement state machine and the default waterfall.
  • 03

    Regulatory affairs

    Parallel programs for FinCEN, SEC, CFTC, SEF/DCM, FCC, and ITU. Runs external counsel relationships. Writes filings, responds to staff letters, and tracks rule-making proceedings that touch the platform.
  • 04

    Legal

    Corporate, commercial, IP, and disputes. Drafts the rulebook, member agreements, connectivity agreements with ground stations, and the licensing around did:orbit and the protocol spec.
  • 05

    Business development

    Splits into Operators (LEO/MEO/GEO clearing members) and Ground Stations (attestation partners). Writes deal memos, runs the design-partner cohort, and owns the member-pipeline CRM.
  • 06

    Finance and operations

    Corporate finance, FP&A, treasury, and general operations. Owns the segregated settlement-account architecture on the MSB side, and the Series A preparatory work.

Who reports to whom

Executive team · v1

Founder · CEO
Mitchell McLennan

Runs engineering and product through Series A. Chair of the rulebook committee.

CTO
Hiring

Owns the four-module platform technical strategy. Reports to CEO.

Head of Clearing
Hiring

Runs live clearing operations. Reports to CEO. Peer of the GC.

General Counsel
Hiring

Corporate, commercial, rulebook, IP. Reports to CEO.

Head of Regulatory
Hiring

Four-track filing programs. Reports to GC during v1, CEO thereafter.

Head of BD
Hiring

Operators + ground stations. Reports to CEO.

Finance
Fractional CFO · 2026

Fractional through Series A close, then full-time CFO search.

How work flows

Coordination model

  • 01

    Sprint cadence

    Two-week sprints across engineering, with a Monday plan and a Friday demo. Regulatory and legal run on a four-week cadence. BD and member services run on a weekly cadence.
  • 02

    Writing-first

    Every sprint begins with a Dispatch document. Every meeting that needs a decision is preceded by a one-page memo. Async over synchronous whenever possible.
  • 03

    ADRs for every irreversible call

    Architecture Decision Records live in /docs/decisions, numbered, dated, and signed off. If a decision is hard to reverse, it gets an ADR before it ships.
  • 04

    All-hands

    Monthly, 60 minutes, one hour across every time zone. Metrics review, one demo from each team, and open Q&A. Recorded and written up for async attendees.

Where we are

Hubs and time zones

Hubs
3

New York, London, Singapore. Optional co-working stipend in each.

Coordinated window
09:00 – 17:00 UTC

Overlap with NYC, LON, and Singapore inside an eight-hour window.

In-person cadence
Quarterly

Whole-team offsite every quarter, rotating between hubs.

Time-zone policy
No forced relocation

We hire where the person is; we do not require moves to a hub.

Team-specific questions

Talk to the person who runs the team.

If you are weighing a role and want a conversation with the actual manager before applying — we arrange that directly. Email the careers desk and name the team you want to talk to.