Weav

New York, United States Founded: 2020 • Age: 6 yrs Acquired By Brex
Open banking API for commerce platforms is enabled.
Annual revenue - Latest available
Total funding $4.5M 2 rounds
Employees - Tracked headcount
Investors 19 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About Weav

Weav is a company based in New York (United States) founded in 2020 by Ambika Acharya and Avikam Agur was acquired by Brex in August 2021. Weav has raised $4.45 million across 2 funding rounds from investors including Brex, Foundation Capital and Y Combinator. Weav operates in a competitive market with competitors including Zeta, Tink, Apiture, Finix and Bud, among others.

  • Headquarter New York, United States
  • Founders Ambika Acharya, Avikam Agur
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.45 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.3 M (USD), Seed

    Apr 26, 2021

  • Investors
    Brex

    & 18 more

  • Employee Count
    Not available
  • Acquired by
    Brex

    (Aug 17, 2021)

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People of Weav

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Will Fang
VP Business Development

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Teams

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Funding Insights of Weav

Weav has successfully raised a total of $4.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.3 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Weav

Weav has secured backing from 19 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Brex, Foundation Capital and Y Combinator.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Early-stage startups are accelerated via funding and educational programs.
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Investing in early-stage tech companies and ideas.
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Investor details for Weav

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Investments & Acquisitions by Weav

Investments
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Investment portfolio details for Weav

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Weav

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Detailed financials for Weav

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Weav Comparisons

Weav Primary company
Description
Open banking API for commerce platforms is enabled.
Location
New York, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Weav

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Weav

Weav operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zeta, Tink, Apiture, Finix and Bud, among others.

Company Name Domain Founded year HQ Location Description
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Payment and banking solutions are provided to users and banks.
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Tink is recognized as a leading European open banking platform.
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Open banking APIs are delivered to financial institutions and banks.
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API-enabled platform for business payment processing is provided.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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API-based solutions for online payments and P2P transactions are provided.
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Detailed competitors of Weav

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Latest news on Weav

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Complete news archive for Weav

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Frequently Asked Questions about Weav

Weav was founded in 2020.

Weav is headquartered in New York, United States. It is registered at New York, New York, United States.

Weav is a funded company, having raised a total of $4.45M across 2 funding rounds to date.

Weav was founded in 2020 in New York, United States, within the fintech sector. Connections between financial institutions and commerce platforms are facilitated through its open banking API. Financial products are built using real-time sales data. Solutions for business payouts, payments, lending, credit underwriting, and financial planning are provided. Operations focus on integrating banking services with e-commerce infrastructure.

Weav's top competitors include Zeta, Tink and Bud.

Weav has 19 investors. Key investors include Brex, Foundation Capital, Y Combinator, BoxGroup, and Abstract Ventures.

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