Weave Communications, Inc. (WEAV)

Sector - Technology

IPO Profile

About company

They are a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses. They are creating a world where SMB entrepreneurs can utilize state-of-the-art technology to transform how they attract, communicate and engage customers, grow their business and realize their dreams. Their platform enables entrepreneurs to maximize the value of their customer interactions and minimize the time and effort spent on manual or mundane tasks. In a similar way to how the smartphone has transformed the manner in which they live their daily lives, their platform changes the way SMBs manage their businesses. They are the “smartphone for small business”. They have democratized powerful communications and engagement capabilities previously only available to enterprises, made them intuitive and easy to use and put them in one place – always within reach of the SMB. Their cloud-based software platform streamlines the day-to-day operations of running a small business. They 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. They bring small businesses and the people they serve closer together by unifying, modernizing and personalizing all customer interactions.
Industry
Services - Prepackaged Software
CEO CFO
-
Employees Founded
907 2008

Contacts

Address: 1331 W Powell Way Lehi, Utah 84043

Telephone: (888) 579-5668

Web page: http://www.getweave.com

IPO information

First Trade Date 11/11/2021
Status Priced
Exchange NYSE
Lockup Period Expiration .Pro
Quiet Period Expiration .Pro
Old Price Range
-
Share prices ($)
25
28
24
0
0
Price Low Price High Priced Open 1st day Close 1st day

Shares & Volumes

Shares Initial (MM) 5
Shares Revised (MM) 5
Expected offer amount (MM) $132.5
Realized offer amount(MM) $120

Financial Data (last reporting year)

Market Cap (MM) $1667.12
Revenues (MM) $98.9
Net Income (Loss) (MM) $-43.2

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The lead left underwriter: Goldman Sachs

IPOs led by the firm .Pro
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Underwriters
Goldman Sachs/ BofA Securities/ Citi/ Piper Sandler/ Raymond James/ Stifel/ William Blair/ Guggenheim Securities/ Academy Securities/ Loop Capital Markets/ Tigress Financial Partners
CO-Managers

Sector: Technology

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