Who Owns Weave Company?

Weave Bundle

Get Full Bundle:

	PESTLE	$15	$10
	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who Owns Weave Communications?

Understanding who owns a company is key to grasping its direction and stability. Weave's transition to a public company via its IPO in November 2021 marked a significant shift in its ownership structure.

Weave Communications, Inc., a provider of customer experience and payments software for small and medium-sized healthcare businesses, has seen its ownership evolve considerably since its founding. As of July 23, 2025, the company boasts a market capitalization of $611.23 million.

Who owns Weave Communications?

Following its Initial Public Offering on November 11, 2021, Weave Communications transitioned from private to public ownership. This means its shares are now held by a diverse group of investors, including institutional investors, company insiders, and individual retail shareholders. The company's 2024 revenue reached $204.3 million, a 19.9% increase year-over-year, serving over 30,000 customers. Its platform, which includes features for patient communication and payments, is a key part of its value proposition, as highlighted in the Weave PESTEL Analysis.

The journey of Weave Communications began in 2008, founded by Brandon Rodman, Zack Herrin, and Jared Rodman. Their initial vision was to create a communication platform specifically designed for small businesses. The early stages of funding relied on the founders' personal savings and support from friends and family, with the precise initial capital not publicly detailed. This foundational period set the stage for future growth and investment.

Founding Vision

The company was established with the goal of providing a specialized communication solution for small businesses.

Initial Capital

Early funding came from the founders' personal resources and loans from their network.

Series A Funding

In 2014, a $5 million Series A round led by Pelion Venture Partners was crucial for scaling operations.

Series B Growth

The $17 million raised in Series B funding in 2016 further fueled the company's expansion and innovation efforts.

Series C Expansion

A significant $70 million Series C round in 2019, led by Tiger Global Management, supported substantial development and market reach.

Institutional Backers

These early investment rounds brought in key institutional investors who became significant stakeholders prior to any public offering.

The early funding rounds were pivotal in shaping the Weave company ownership structure. The infusion of capital from venture capital firms like Pelion Venture Partners and Tiger Global Management meant these entities became significant Weave company stakeholders. This early venture capital investment was instrumental in enabling the company to scale its operations, enhance its product offerings, and pursue its growth strategy, laying the groundwork for its future trajectory. You can learn more about its early days in this Brief History of Weave.

Key Ownership Influences

The early investment history of the company highlights the influence of venture capital on its ownership structure and strategic direction.

• Founders Brandon Rodman, Zack Herrin, and Jared Rodman established the company in 2008.
• Initial funding relied on personal savings and loans from friends and family.
• Series A funding in 2014 secured $5 million, led by Pelion Venture Partners.
• Series B funding in 2016 raised $17 million, supporting further growth.
• A substantial $70 million Series C round in 2019 was led by Tiger Global Management.
• These investments introduced institutional investors who became key stakeholders.

Weave SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

Weave Communications, Inc. became a public entity on November 11, 2021, with its initial public offering (IPO) priced at $24.00 per share. This event marked a significant shift in its ownership structure, transitioning from private to public hands.

The current ownership landscape of Weave Communications is predominantly shaped by institutional investors, who collectively hold a substantial majority of the company's shares. Insiders also maintain a significant stake, influencing company direction, while retail investors represent a smaller segment of the shareholder base.

Major Stakeholders in Weave Communications

As of March 31, 2025, Weave Communications has a diverse group of institutional owners, reflecting broad investor confidence. These entities play a crucial role in the company's governance and strategic decisions.

• Institutional investors hold approximately 86.36% of shares.
• Weave Communications insiders own about 103.63% of shares.
• Fmr Llc is a leading institutional holder with 10,675,098 shares.
• Crosslink Capital Inc. holds 7,057,813 shares.
• Wasatch Advisors Inc. possesses 5,473,920 shares.
• Vanguard Group Inc. owns 4,731,398 shares.
• Other significant institutional holders include Pelion, Inc. and BlackRock, Inc.

Tyler Newton stands out as the largest individual shareholder, holding a significant portion of the company's stock. This substantial individual ownership, alongside considerable stakes held by venture capital firms, highlights key influences on the company's strategic direction and overall control. Understanding these major shareholders is key to grasping who owns Weave and how decisions are made, offering insights into the Competitors Landscape of Weave.

Key Individual and Insider Ownership

Individual and insider ownership significantly impacts the Weave company's governance. These stakeholders often have a deep understanding of the company's operations and long-term vision.

• Tyler Newton owns 17,472,830 shares, representing 23.24% of the company.
• Catalyst Investors Partners IV LP holds 21.35% of ownership.
• Bessemer Venture Partners IX LP has a stake of 19.16%.

Weave PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The Board of Directors at Weave Communications is instrumental in guiding the company’s strategic path and corporate governance. While specific details on board composition, including representation from major shareholders, founders, and independent directors, are typically found in the company’s proxy statements, it’s common for early-stage investors, such as venture capital firms, to secure board seats.

Weave operates under a standard one-share-one-vote system, typical for companies listed on the NYSE. There’s no public indication of dual-class shares or special voting rights that would give certain individuals or entities disproportionate control. As of February 2025, insider ownership stood at 18.40%, reflecting a significant stake and alignment between management and the company’s direction. While no major proxy battles or activist investor campaigns were noted for 2024-2025, the board’s makeup and the balance of ownership between insiders and institutional investors are key factors in the company’s decision-making processes.

Understanding Weave's Ownership Structure

The ownership structure of Weave company is influenced by its board composition and shareholder distribution. Understanding who owns Weave provides insight into its strategic direction.

• Weave company stakeholders include both management and institutional investors.
• Insider ownership is a significant factor in Weave company ownership percentage by individuals.
• The Weave ownership structure is based on a one-share-one-vote principle.
• Information on Weave company investors is crucial for understanding Weave company stakeholders.

Weave Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the past 3-5 years, the Weave company ownership landscape has evolved significantly, particularly following its Initial Public Offering (IPO) in November 2021. Institutional investors continue to play a dominant role, reflecting sustained interest in the company's growth trajectory.

Institutional ownership in the company remained robust as of February 2025, with institutions holding 81.49% of the shares. This trend is further underscored by mutual funds increasing their holdings from 42.76% to 49.98% during the same period, indicating growing confidence from major investment firms. While some institutional investors like Deer IX & Co. Ltd. and Catalyst Investors IV, L.P. reduced their stakes in early 2025, the overall institutional presence signifies a strong belief in the company's market position. Insider selling has also been observed, primarily for tax-related purposes due to vested restricted stock units. For instance, the CFO, Jason Paul Christiansen, and CEO, Brett T. White, sold shares in June 2025 to cover tax obligations. The company's expansion, particularly its focus on the healthcare sector with over 30,000 customers and approximately 35,000 customer locations by the end of 2024, alongside the planned acquisition of TrueLark in Q1 2025, are key developments that could influence future ownership dynamics. The upcoming release of Q2 2025 financial results on July 31, 2025, will offer further insights into the company's performance and potential shifts in its shareholder base. Understanding the Marketing Strategy of Weave can provide context for these ownership trends.

Institutional Investor Activity

Institutional ownership stands at 81.49% as of February 2025. Major holders like Vanguard Group Inc. and Fmr LLC have shown increased or substantial holdings.

Insider Transactions

Insider selling has occurred, primarily by executives for tax purposes related to stock units. This is a common practice following IPOs and vesting schedules.

Market Expansion and Strategic Moves

The company is expanding its market presence, particularly in healthcare, and plans to acquire TrueLark to enhance its AI capabilities.

Future Ownership Outlook

Upcoming financial results and strategic acquisitions are expected to influence future Weave company ownership trends and investor sentiment.

Weave Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔