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.
Location
Lehi, United States
Employees
501-1000
Founded
2008
Industry
SaaS, HealthTech, AI/ML
Funding Category
Series D
Latest Funding Round Size
Series D
Parent Company Website
Public Company Status
Public
Recent Venture Round Amount
$70,000,000
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, 2018Lead Investor: Lead Edge Capital, Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Pelion Venture Partners
Series D - $70 million
October 24, 2019Lead Investor: Tiger Global Management, Catalyst, Bessemer, Crosslink, Pelion, LeadEdge
Other Considerations
No long-term contracts required for service; Offers month-to-month billing; Utilizes AI to enhance operational efficiency.
Find more companies like Weave
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
