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Weave Analysis: $108M Raised

What is Weave?

Weave is a communication platform that integrates a phone system with AI-driven tools. Their approach combines various communication methods to enhance patient engagement and streamline operations. This results in improved practice growth and patient retention for healthcare providers.

HQ Country
Lehi, United States
Employees
501-1000
Founded
2008
Industry
SaaS, HealthTech, AI/ML

Product Features & Capabilities

  • AI-powered call intelligence for actionable insights
  • Automated appointment reminders to reduce no-shows
  • Text-to-pay options for faster payments
  • Bulk texting and emailing for patient outreach
  • Voicemail transcription for efficient communication.

How much Weave raised

Series C - $37.5 million

December 6, 2018
Lead Investor: Lead Edge Capital, Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Pelion Venture Partners

Series D - $70 million

October 24, 2019
Lead Investor: Tiger Global Management, Catalyst, Bessemer, Crosslink, Pelion, LeadEdge

Financial Overview

$108MTotal Raised
Series C$37.5 million
December 6, 2018
Investors: Lead Edge Capital, Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Pelion Venture Partners
Series D$70 million
October 24, 2019
Investors: Tiger Global Management, Catalyst, Bessemer, Crosslink, Pelion, LeadEdge
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