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Weav - About the company

Weav is an acquired company based in New York City (United States), founded in 2020 by Nadav Lidor. It operates as an Open banking API for Commerce platforms. Weav has raised $4.45M in funding from Y Combinator and Foundation Capital, with last known valuation of $*****. The company has 578 active competitors, including 160 funded and 62 that have exited. Its top competitors include companies like Razorpay, TrueLayer and M2P Fintech.

Company Details

Open banking API for Commerce platforms. It enables financial institutions to connect with commerce platforms. It also enables to build financial products using real-time sales data. It provides solutions for business payouts and payments, lending and credit underwriting, financial planning and analysis, and more.
Website
weav.co
Social
X
Email ID
*****@weav.co
Phone Number
+1 **********
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Acquired
Total Funding
$4.45M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 18, 2020
Ranked
Employee Count
2 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Brex (Aug 17, 2021)

Weav's acquisition details

Weav got acquired by Brex on Aug 17, 2021 at an acquisition amount of $*****.
Click here to take a look at Weav's acquisition in detail
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Weav's funding and investors

Weav has raised a total funding of $4.45M over 2 rounds. Its first funding round was on Mar 18, 2020. Its latest funding round was a Seed round on Apr 26, 2021 for $*****. 18 investors participated in its latest round. Weav has 10 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Weav:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 26, 2021
9905085
Seed
9387418
1539315
4743004
4269206
Mar 18, 2020
8220940
Seed
8515038
3223521
7443103
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Weav's founders and board of directors

Founder? Claim Profile
The founders of Weav is Nadav Lidor.
Here are the details of Weav's key team members:

Weav's employee count trend

Weav has 2 employees as of Jul 26. Here is Weav's employee count trend over the years:
Employee count trend for Weav
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Weav's Competitors and alternates

Top competitors of Weav include Razorpay, TrueLayer and M2P Fintech. Here is the list of Top 10 competitors of Weav, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Razorpay
Razorpay
2014, Bengaluru (India), Series F
Provider of payment and business banking solutions for enterprises
$742M
85/100
2nd
Logo for TrueLayer
TrueLayer
2016, London (United Kingdom), Series E
Open banking platform enabling secure bank-to-bank payments and payouts
$322M
78/100
3rd
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
4th
Logo for Cross River Bank
Cross River Bank
2008, Fort Lee (United States), Series D
Platform offering API-driven financial infrastructure
$898M
72/100
5th
Logo for Galileo
Galileo
2000, Sandy (United States), Acquired
Provider of cloud-based platform for financial technology and digital banking
$85M
72/100
6th
Logo for Solaris
Solaris
2016, Berlin (Germany), Acquired
Provider of banking-as-a-service platform offering digital banking and payment solutions
$736M
72/100
7th
Logo for Trustly
Trustly
2008, San Carlos (United States), Acquired
Open banking-enabled payment processing solution for businesses
$28.7M
71/100
8th
Logo for TransBnk
TransBnk
2022, Delhi (India), Series B
Provider of open finance infrastructure for transaction banking and related services
$30M
70/100
9th
Logo for Pomelo
Pomelo
2021, Buenos Aires (Argentina), Series C
Platform offering open banking API
$158M
69/100
10th
Logo for Yapily
Yapily
2017, London (United Kingdom), Series B
Provider of open banking platform facilitating payments and financial data access
$70.8M
69/100
122nd
Logo for Weav
Weav
2020, New York City (United States), Acquired
Open banking API for Commerce platforms
$4.45M
43/100
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Weav's Investments and acquisitions

Weav has made no investments or acquisitions yet.

Reports related to Weav

Here is the latest report on Weav's sector:

News related to Weav

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FAQs about Weav

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