Weave

Weave

Patient communication solutions for healthcare providers

About Weave

Simplify's Rating
Why Weave is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Lehi, Utah

Founded

2008

Overview

Weave provides patient communication solutions specifically designed for dental and optometry practices. Its platform includes tools for scheduling appointments, sending reminders, managing patient reviews, and enabling two-way texting and calling. This helps healthcare providers interact with their patients more effectively and efficiently. Weave also offers features like virtual waiting rooms and remote communication options, which are especially important during the COVID-19 pandemic. The company operates on a subscription-based model, allowing clients to pay a recurring fee for access to its services, which vary based on practice size and needed features. By focusing on improving operational efficiency and patient satisfaction, Weave distinguishes itself from competitors in the healthcare technology market.

YC Company
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Simplify's Take

What believers are saying

  • AI integration boosts operational efficiency and customer satisfaction in healthcare practices.
  • Payment Reminders and ACH payments reduce delayed remittance periods in healthcare.
  • The partner marketplace broadens service offerings, enhancing value for healthcare practices.

What critics are saying

  • Competition from platforms like DentalOS could attract Weave's dental clients.
  • Slow adoption of digital payments may hinder Weave's payment features' effectiveness.
  • Healthcare financial instability due to outdated processes could impact Weave's client base.

What makes Weave unique

  • Weave integrates AI tools to enhance communication workflows and operational efficiency.
  • The platform offers a comprehensive suite for patient engagement and revenue growth.
  • Weave's subscription model ensures steady revenue and continuous client value.

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Funding

Total Funding

$147M

Below

Industry Average

Funded Over

5 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Meet Average

Industry standards

$77M
$70M
Twilio
$70M
Weave
$80M
Handshake
$100M
Affirm

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

0%
HR Tech Wire
Feb 24th, 2025
Weave Recognized as TRANSACT Top 10 Payments ISVs Award Winner

Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, was recognized as a winner of the TRANSACT Top 10 Payments ISVs Award for Weave Payments.

PRWeb
Jan 15th, 2025
2025 Saas Awards Announced - Appealie Honors The Very Best In Software

Customer success remains the cornerstone of exceptional SaaS platforms, and this year's winners exemplify that commitment. They have demonstrated outstanding performance by prioritizing innovation, usability, and customer outcomes, showcasing excellence that drives the entire SaaS industry forward. Post this"Customer success remains the cornerstone of exceptional SaaS platforms, and this year's winners exemplify that commitment," said Arabella Solaybar of APPEALIE. "The 2025 APPEALIE SaaS Award honorees have demonstrated outstanding performance by prioritizing innovation, usability, and customer outcomes, showcasing excellence that drives the entire SaaS industry forward.As an indicator of APPEALIE's SaaS Award selectivity, the Overall SaaS Award winners averaged over 4.6 stars on the most popular software review platforms (G2, Capterra, and GetApp - all of which use a 5-star rating scale).The 2025 APPEALIE SaaS Award winners are presented below:OVERALL SAAS AWARD WINNERSOverall, SaaS Award winners were selected using Net Promoter Scores™ (NPS), UI/UX, recent product improvements, and third-party analyst research, among other criteria.With the continued growth in entries and competition to the APPEALIE SaaS Awards, the Overall SaaS Award winners now incorporate specific product categories and customer segments.Customer Segment: EnterpriseAnalytics + Business IntelligenceCollaboration & ProductivityCustomer ServiceDevelopment + DevOpsMarketingVertical IndustryCustomer Segment: Small Business + Mid-MarketAnalytics + Business IntelligenceCollaboration & ProductivityCustomer ServiceDesignTelekit by Vail SystemsERP + FinanceIT Management + OperationsSecuritySaaS Customer Success Award WinnersSELECTED SAAS AWARD WINNER PERSPECTIVES"We are honored to be recognized in the 2025 APPEALIE SaaS + Software Awards," said Eric Giesecke, CEO of Planet DDS. "This achievement reflects the impact of our innovative cloud solutions, including the debut of DentalOS™, the industry's first open dental operating system that empowers dental support organizations with scalable, customizable technology to drive growth and efficiency. Seeing our customers succeed with our technology is what drives us forward and inspires us to keep raising the bar.""We are honored to receive the APPEALIE SaaS Customer Success Award for the second time

Cabot Wealth Network
Oct 24th, 2024
October 24, 2024

On Tuesday Weave announced it has released an entirely new platform user interface that integrates AI tools, enhanced communication, scheduling, and billing and payment options directly into communication workflows.

PR Newswire
Oct 2nd, 2024
Pure Healthcare Tops The 2024 Utah 100, Awarded By Mountainwest Capital Network

Utah's largest business networking organization shares its annual ranked list of the fastest growing companies in the state. SALT LAKE CITY, Oct. 2, 2024 /PRNewswire/ -- MountainWest Capital Network (MWCN) recognized Pure Healthcare who took the No. 1 spot at the 30th annual 2024 Utah 100 awards event. First presented in 1994, the Utah 100 is MWCN's yearly list of the fastest-growing companies in the state. "Pure Healthcare's patient-focused mission has been essential to their incredibly fast growth as more people benefit from affordable, quality care through its network of providers," said Chris Badger, chair of the MWCN Utah 100 committee

PYMNTS
Aug 27th, 2024
Weave Debuts Payment Reminders For Medical Practices

Weave has debuted a feature to help healthcare practices collect more outstanding balances.The experience platform for small and medium-sized medical practices has introduced Payment Reminders, a feature that lets clients turn payment invoices or text-to-pay requests into a “set-it-and-forget-it” collection campaign, the company said Tuesday (Aug. 27).“We’re very excited to introduce Payment Reminders to our payments product suite,” Branden Neish, Weave’s chief product and technology officer, said in a news release. “With 63% of patients preferring text payment options, Weave streamlines the process, saving offices time and effort each day.”According to the release, Payment Reminders automate payment requests after a Weave invoice or Text to Pay request is created, encouraging customers to pay their medical bills online. It follows the release of the company’s Payments Plan offering in February, and the launch of a platform for multi-location practices in June.The launch of these tools comes at a time when organizations in the healthcare sector are struggling to get paid. Research from PYMNTS Intelligence’s “Late Payments Across Verticals: The Good, the Bad and the Ugly,” found that for these organizations, the average wait time was 47 days.“The primary culprit driving these long remittance periods is the time it takes to process insurance claims,” PYMNTS wrote in May. “Those claims can be delayed due to an individual’s coverage, their financial and medical circumstances, the insurers’ approval processes and more

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