Weave Announces Text to Pay for Small Businesses, Future Plans For Integrated Communications Payment Platform

Weave Announces Text to Pay for Small Businesses, Future Plans For Integrated Communications Payment Platform

Catalyst portfolio company Weave announced a comprehensive payment platform designed to handle all payments in any small to medium-sized business. The innovation comes at a critical time as small businesses push to keep up with the on-demand climate of today’s consumers. Weave’s payment platform provides multiple ways for businesses to collect money and effortless ways for consumers to pay. 

Weave Raises $37.5M Series C Growth Round Led by Lead Edge Capital

Catalyst portfolio company Weave, a customer experience management (CXM) platform, raised an additional $37.5 million in a Series C funding round. Catalyst participated in the round led by Lead Edge Capital along with other existing investors Bessemer Venture Partners, Crosslink Capital and Pelion Venture Partners.

Catalyst leads $17M Series B-1 for Weave

Weave provides voice, SMS, email and marketing services to dental and optometry offices. Its unified communications as a service (UCaaS) product combines VoIP phone service with a customer service application that integrates with customer data from existing practice management software to help manage patient reminders, initiate phone calls, engage in two-way texting, solicit customer reviews and other customer relationship management functions. The company serves more than 3,600 dentists and optometrists across the country.