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Utah Startup Weave Said to Explore IPO as Soon as This Year

  • August 14, 2021
  • Payments

Communications and payments technology startup, Weave, is exploring the possibility of going public as soon as this year. The potential IPO could happen in the fourth quarter of 2021, valuing the company at an estimated $2B. The company’s last fundraising round was in October 2019, when they raised $70M from investors Tiger Global Management, Catalyst Investors, Bessemer Venture Partners, Crosslink Capital, Pelion Venture Partners, and Leading Edge Capital. Weave’s valuation at the time of funding was $970M.

Source: Utah Startup Weave Said to Explore IPO as Soon as This Year

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