What is Weave?
Weave specializes in WEAVEonline software, a platform designed for universities and colleges to manage accreditation and program-level quality improvement initiatives. For nearly a decade, educational institutions have leveraged Weave's solutions to enhance learning outcomes. The company boasts an impressive retention rate of nearly 90%, reflecting strong member satisfaction and the effectiveness of its assessment and planning tools in supporting institutional missions.
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 provides a range of banking services, including commercial lending and business financing solutions.
Undisclosed investor
Undisclosed investor participating in the funding round, contributing to the company's strategic financial objectives.
What's next for Weave?
The substantial late-stage funding indicates Weave is poised for significant scaling and further development of its educational technology offerings. This strategic investment will likely fuel expansion into new markets, enhance product features, and potentially support acquisitions. Weave's continued focus on enriching education through robust assessment and planning tools, coupled with its high member retention, positions it for sustained growth and influence within the higher education landscape.
See full Weave company page
