Y Combinator Recognizes Weave as a Top-Performing Company

Rhea-AI Summary

Weave (NYSE: WEAV) has been named one of Y Combinator’s Top Companies 2022, highlighting its status as a high-growth company valued over $150 million. As the first Utah company to participate in Y Combinator in 2014, Weave has expanded its offerings, helping over 20,000 small businesses enhance customer communication. The company is also experiencing growth with a new headquarters in Silicon Slopes and recruitment efforts in India. Weave has been recognized in prestigious lists such as the Forbes Cloud 100 and Inc. 5000.

Positive

• Named to Y Combinator’s Top Companies 2022, reflecting high growth.
• Valued over $150 million, indicating significant market potential.
• Served over 20,000 small businesses, showcasing wide customer base.
• Expansion with a new headquarters in Silicon Slopes, indicating growth.
• Hiring expansion into India, indicating global growth strategy.

Negative

• None.

Weave joins small business SaaS leaders Stripe, Gusto, and Human Interest in roundup of high-growth companies

LEHI, Utah--(BUSINESS WIRE)-- Weave (NYSE: WEAV), the all-in-one customer communication platform for small business, has been named to Y Combinator’s Top Companies 2022. This list is a compilation of the top-performing companies that have gone through Y Combinator and are valued at over $150 million. Weave was the first Utah company to go through Y Combinator, a startup funding boot camp, in 2014.

“Weave’s growth, TAM and market opportunity are incredibly compelling, even as we approach almost a decade since the company participated in Y Combinator,” said Weave CEO Roy Banks. “Our customer obsession and people first culture are vital to our next era of growth as a public company on the New York Stock Exchange. I hope to see more Y Combinator alumni join us in the public markets soon.”

Over 3,000 companies, worth more than $400 billion, have gone through Y Combinator’s boot camp. Companies named to the YC Top Companies of 2022 have seen high growth and have reached a valuation of over $150 million.

Weave has helped over 20,000 small businesses unify, modernize, and personalize every customer interaction. With a brand new six-story headquarters in the heart of Silicon Slopes and their recent hiring expansion into India, Weave continues to grow and bring technology to small business everywhere. For more information on Weave’s culture and open opportunities, visit our Careers page.

About Weave

Weave is the all-in-one customer communication and engagement platform for small business. From the first phone call to the final invoice and every touchpoint in between, Weave connects the entire customer journey. Weave’s software solutions transform how local businesses attract, communicate with and engage customers to grow their business. The first Utah company to join Y Combinator, Weave has set the bar for Utah startup achievement & work culture. In the past year, Weave has been included in the Forbes Cloud 100, Inc. 5000 fastest-growing companies in America, and Glassdoor Best Places to Work. To learn more, visit www.getweave.com/newsroom/

View source version on businesswire.com: https://www.businesswire.com/news/home/20220309005861/en/

Kali Geldis

Director of Communications, Weave

pr@getweave.com

Source: Weave

FAQ

What is Weave's stock symbol?

Weave's stock symbol is WEAV.

What recognition did Weave receive in 2022?

In 2022, Weave was named to Y Combinator’s Top Companies list.

How many small businesses has Weave helped?

Weave has helped over 20,000 small businesses.

Where is Weave's new headquarters located?

Weave's new headquarters is located in Silicon Slopes, Utah.

In which countries is Weave expanding its hiring?

Weave is expanding its hiring into India.