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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $4.3M
-
First Round
First Round
(18 Mar 2020)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Seed - Weav | Valuation | Foundation Capital | |
| Mar, 2020 | Amount | Seed - Weav | Valuation | Y Combinator |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
|
Founded Year | Domain | Location | |
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location | |
|
Investing in early-stage tech companies and ideas.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Weav
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Weav
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Weav Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment and banking solutions are provided to users and banks.
|
|
| domain | founded_year | HQ Location |
Tink is recognized as a leading European open banking platform.
|
|
| domain | founded_year | HQ Location |
Open banking APIs are delivered to financial institutions and banks.
|
|
| domain | founded_year | HQ Location |
API-enabled platform for business payment processing is provided.
|
|
| domain | founded_year | HQ Location |
Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
|
|
| domain | founded_year | HQ Location |
API-based solutions for online payments and P2P transactions are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Weav
Frequently Asked Questions about Weav
When was Weav founded?
Weav was founded in 2020.
Where is Weav located?
Weav is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Weav a funded company?
Weav is a funded company, having raised a total of $4.45M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Mar 18, 2020.
What does Weav do?
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.
Who are Weav's investors?
Weav has 19 investors. Key investors include Brex, Foundation Capital, Y Combinator, BoxGroup, and Abstract Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.