Weave was founded in 2008 by Brandon Rodman and Jared Rodman. The company has not officially endorsed a plan to participate in an IPO.
Weave operates a customer communication platform developed for service-based businesses. The company has raised approximately nearly $160 million in Venture Capital funding from investors including Tiger Global Management, Lead Edge Capital, Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Peak Capital, Pelion Venture Partners, FUEL Capital, SV Angel, and Y Combinator. Per company press releases, Weave last raised $70 million in October 2019 at a post-money valuation of nearly $1 billion.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/24/2019 | Series D | $70MM | $xx.xx | $973.01MM | Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Lead Edge Capital, Pelion Venture Partners, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
4,696,804
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Lead Edge Capital, Pelion Venture Partners, Tiger Global Management
|
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11/30/2018 | Series C | $37.5MM | $xx.xx | $335.98MM | Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Lead Edge Capital, Pelion Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,003,469
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Lead Edge Capital, Pelion Venture Partners
|
||||||
10/10/2017 | Series B1 | $19.76MM | $xx.xx | $94.03MM | Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Hemisphere Ventures, Pelion Venture Partners | |
Price per Share
$xx.xx
Shares Outstanding
11,710,026
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Catalyst Investors, Crosslink Capital, Hemisphere Ventures, Pelion Venture Partners
|
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11/03/2015 | Series B | $15.88MM | $xx.xx | $63.91MM | A.Capital Ventures, Crosslink Capital, Geoff Ralston, Initialized Capital, Joe Montana, Peak Capital, Pelion Ventures Partners, Ron Mahabir, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
9,412,354
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A.Capital Ventures, Crosslink Capital, Geoff Ralston, Initialized Capital, Joe Montana, Peak Capital, Pelion Ventures Partners, Ron Mahabir, Y Combinator
|
||||||
06/16/2014 | Series A2 | $249,999.00 | $xx.xx | $35.51MM | A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
432,323
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator
|
||||||
06/16/2014 | Series A1 | $580,005.00 | $xx.xx | $35.51MM | A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,253,739
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator
|
||||||
06/16/2014 | Series A | $5.15MM | $xx.xx | $35.51MM | A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
3,070,449
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A.Capital Ventures, Fuel Capital, Fundersclub, Gary Rubens, Homebrew, Initialized Capital Management, Mike Edelhart, Sv Angel, Utah Angels 2, Y Combinator
|
||||||
03/25/2014 | Series AA | $1,000,000.00 | $xx.xx | $2.86MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
4,766,263
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|