WEAVE COMMUNICATIONS, INC.
We are the “smartphone for small business.” Our cloud-based software platform streamlines the day-to-day operations of running a small business. We offer an all-in-one platform spanning all forms of communications and customer engagement ranging from answering phones, to scheduling appointments, to sending text reminders, to requesting client reviews, to collecting payments, to sending email marketing campaigns. We bring small businesses and the people they serve closer together by unifying, modernizing and personalizing all customer interactions. Our platform helps improve communications, attract more customers, keep customers engaged and increase overall retention.
Our platform is used by over 130,000 monthly active users across a range of professions and businesses, spanning dentistry, optometry, veterinary, physical therapy, specialty medical services, audiology, plumbing, electrical, HVAC and other home services. As of June 30, 2021, we had more than 21,000 locations under subscription across about 20,000 customers in the United States and Canada.
(Note: Weave Communications, Inc. priced its IPO on Nov. 10, 2021, at $24 – $1 below the bottom of its $25-to-$28 price range – on 5 million shares, the same number of shares in the prospectus, to raise $120 million.)
|Industry:||SERVICES - PREPACKAGED SOFTWARE|
|Address||1331 W Powell Way Lehi, Utah 84043|
|Phone Number||(888) 579-5668|
|View Prospectus:||WEAVE COMMUNICATIONS, INC.|
|Revenues||$98.9 mil (last 12 months)|
|Net Income||$-43.2 mil (last 12 months)|
|Price range||$24.00 - $24.00|
|Est. $ Volume||$120.0 mil|
|Manager / Joint Managers||Goldman Sachs/ BofA Securities/ Citigroup|
|CO-Managers||Piper Sandler/ Raymond James/ Stifel/ William Blair/ Guggenheim Securities/ Academy Securities/ Loop Capital Markets/ Tigress Financial Partners|
|Expected To Trade:||11/11/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|