About Weave
Weave is a company based in Provo (United States) founded in 2008. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Weave has raised $156.09 million across 5 funding rounds from investors including Bessemer Venture Partners, FundersClub and Tiger Global. The company has 854 employees as of December 31, 2024. Weave has completed 1 acquisition, including TrueLark. Weave offers products and services including Weave Platform, Call Intelligence, and Text-to-Pay. Weave operates in a competitive market with competitors including RingCentral, Constant Contact, Adobe, HubSpot and Freshworks, among others.
- Headquarter Provo, United States
- Employees 854 as on 31 Dec, 2024
- Stage Public
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Weave Communications, Inc.
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Annual Revenue
$204.31 M (USD)19.85as on Dec 31, 2024
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Net Profit
-$28.35 M (USD)8.65as on Dec 31, 2024
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EBITDA
-$2.53 M (USD)60.29as on Dec 31, 2024
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Total Equity Funding
$156.09 M (USD)
in 5 rounds
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Latest Funding Round
$70 M (USD), Series D
Nov 04, 2019
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Investors
Bessemer Venture Partners
& 13 more
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Employee Count
854
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Weave
Weave is a publicly listed company on the NYSE with ticker symbol WEAV in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Weave
Weave offers a comprehensive portfolio of products and services, including Weave Platform, Call Intelligence, and Text-to-Pay.
An all-in-one platform for small business communication.
AI-driven insights from call data are provided.
Payment collection is simplified through text messaging.
People of Weave
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Leadership Team
93 people
Software Development Team
73 people
Sales and Marketing
49 people
Human Resources and Administration
11 people
Onboarding Team
9 people
Senior Team
6 people
Operations Team
6 people
Data Analysis and Operations Team
5 people
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Funding Insights of Weave
Weave has successfully raised a total of $156.09M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $70 million completed in November 2019. 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 Weave
Weave has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, FundersClub and Tiger Global.
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Venture and private equity investments are managed with global diversification.
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Growth equity venture capital firm
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for Weave
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
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Investments & Acquisitions by Weave
Weave has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TrueLark.
Investment portfolio details for Weave
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- Portfolio identities
- Transaction dates
- Round details
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AI-powered solutions are provided for scheduling, customer service, and marketing.
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Complete acquisition details for Weave
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- Transaction dates
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Financial Statements - Weave
Detailed financials for Weave
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- Profit trends
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Weave Comparisons
Peer comparison for Weave
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Competitors of Weave
Weave 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 RingCentral, Constant Contact, Adobe, HubSpot and Freshworks, among others.
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Cloud-based unified communication solutions are offered to diverse sectors.
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Multi-channel online marketing tools are provided for small businesses.
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AI-powered platform manages marketing creatives and customer journeys.
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Provider of AI-powered customer relationship management software
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Cloud-based business process management suite solutions are delivered.
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Cloud-based unified communication solutions including voice and video are provided.
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Detailed competitors of Weave
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Weave
Complete news archive for Weave
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Weave
Weave was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Weave is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Weave is a funded company, having raised a total of $156.09M across 5 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Weave is 854.
Annual revenue of Weave is $204.31M as on Dec 31, 2024.
Weave is established as a comprehensive communication platform tailored for small businesses, particularly in healthcare practices. Solutions are provided to attract, engage, and retain patients through AI-powered tools and a unified system. The platform integrates phone systems, texting, reminders, payments, and analytics to enhance patient experiences and optimize operations. Sectors such as healthcare are primarily served, with features like Call Intelligence, automated reminders, and flexible payment options being offered. Growth for single or multi-location practices is supported by real-time insights and efficient workflows.
Weave's top competitors include HubSpot, Constant Contact and Adobe.
Weave offers Weave Platform, Call Intelligence, and Text-to-Pay.
Yes, Weave is publicly traded on NYSE under the ticker symbol WEAV.
Weave has made 1 acquisition, including TrueLark.
Weave has 14 investors. Key investors include Bessemer Venture Partners, FundersClub, Tiger Global, Catalyst Investors, and Crosslink Capital.
The ticker symbol of Weave is WEAV on NYSE.