How Much Did Weave Raise?
Funding & Key Investors

Weave, a prominent player in the higher education technology sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $300K. This latest infusion of $150K underscores the company's sustained relevance in the academic software market, where it has maintained a robust presence for nearly a decade. By leveraging this recent financing, the organization continues to solidify its financial foundation while navigating the complexities of late-stage growth in the competitive EdTech landscape.

The capital injection serves as a testament to the firm's operational resilience and its ability to attract institutional backing even in a tightening credit environment. As the company moves forward, this liquidity will likely be deployed to further refine its core offerings and expand its footprint within the higher education ecosystem, ensuring that its mission of enhancing institutional quality remains at the forefront of its strategic agenda.

What is Weave?

Weave
SoftwareEnterprise Resource Planning (ERP)

Weave specializes in providing sophisticated software solutions designed to streamline accreditation, assessment, and institutional planning for colleges and universities. The company's flagship platform, WEAVEonline, is engineered to align program-level and institutional-level quality improvement processes, directly addressing the rigorous demands of academic oversight. With a remarkable 90% retention rate since its inception, Weave has established itself as a mission-critical partner for academic institutions seeking to optimize learning outcomes through data-driven planning. Its market position is defined by a deep-rooted commitment to the specific regulatory and operational needs of higher education, distinguishing it from broader, less specialized enterprise software providers.

How much funding has Weave raised?

Weave has raised a total of $300K across 2 funding rounds:

2020

Debt

$150K

2024

Debt

$150K

Debt (2020): $150K with participation from PPP

Debt (2024): $150K led by BayFirst National Bank

Key Investors in Weave

BayFirst National Bank

A financial institution providing commercial banking services and strategic debt financing to support the growth of established enterprises.

PPP

Public-Private Partnership

What's next for Weave?

Looking ahead, the strategic deployment of this capital will be pivotal for Weave as it seeks to scale its operations and potentially diversify its product suite. Given the company's established track record in accreditation management, future growth initiatives are expected to focus on deepening the integration of its assessment tools with emerging educational technologies. By prioritizing the enhancement of its existing software architecture, Weave is well-positioned to capitalize on the increasing demand for transparency and accountability in higher education. The firm's ability to maintain high client satisfaction while scaling its infrastructure will be the primary indicator of its long-term success in this specialized vertical.

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Frequently Asked Questions Regarding Weave Financial Insights

What are the most recent funding rounds that Weave has completed, and what were the funding rounds?
Weave has recently completed 2 funding rounds: Debt on Dec 31, 2024, Debt on Apr 28, 2020.
What is the total amount of funding Weave has raised to date?
Weave has raised a total of $300K in funding to date.
How many funding rounds has Weave completed?
Weave has completed 2 funding rounds.
How much funding did Weave raise in its most recent funding round?
Weave raised $150K in its most recent funding round.
Who are the lead investors in Weave's latest funding round?
The lead investor in Weave's latest funding round was BayFirst National Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Weave's history?
The largest funding round in Weave's history was $150K.
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