What is Weave?
Weave specializes in providing the WEAVEonline software, a solution developed to support higher education institutions in managing accreditation and quality improvement processes. For nearly a decade, universities and colleges have leveraged Weave's platform to streamline program- and institutional-level assessments, directly contributing to enhanced learning outcomes. The company boasts an impressive retention rate of nearly 90%, a testament to the satisfaction of its member institutions and the effectiveness of its offerings in enriching education.
How much funding has Weave raised?
Weave has raised a total of $300K across 2 funding rounds:
Debt
$150K
Debt
$150K
Debt (2020): $150K with participation from PPP
Debt (2024): $150K led by BayFirst National Bank
Key Investors in Weave
PPP
Public-Private Partnership
BayFirst National Bank
BayFirst National Bank is a financial institution that has provided debt financing, indicating a role in supporting Weave's operational capital needs.
What's next for Weave?
With its latest large-scale, late-stage funding, Weave is well-positioned for continued expansion and innovation. The strategic investment signals a phase of scaling operations, potentially involving further development of its WEAVEonline software, broadening its market reach, and enhancing its assessment and planning capabilities. This capital injection will likely enable Weave to solidify its leadership in the ed-tech space, further supporting its mission to enrich education through superior assessment and planning tools for academic institutions.
See full Weave company page
