“Can a vertical communications SaaS for SMB healthcare become the AI-powered patient experience and payments OS for every dental, optometry, vet, and medical practice?”
Founded 2011 in Utah as a communications tool for dental practices, Weave graduated Y Combinator in 2014 and steadily expanded into optometry, veterinary, and medical verticals. In 2019 it launched Weave Payments, layering embedded payments (Text to Pay, terminals, card-on-file) on top of its communication suite — a decisive move from pure SaaS into vertical fintech. Post-IPO (2021), the company has doubled down on embedded finance (Stripe Capital via Stripe Connect, BNPL, Payment Plans) and AI (Google Gemini-powered AI Receptionist) to become the AI-powered patient experience + payments OS for SMB healthcare.
Weave processes payments through Stripe Connect.
Weave's lending and capital products are provided by Stripe Capital and Affirm.
Weave integrates with QuickBooks Online, Dentrix, Dentrix Ascend and Henry Schein One API Exchange.
The Embedded Finance Index 2026 maps 3 layers in Weave's stack: Payments / PSP (Stripe Connect); Lending (Stripe Capital, Affirm, Stripe Capital (embedded merchant financing for Weave customers), Buy Now Pay Over Time (patient financing) and 1 other); Accounting (QuickBooks Online, Dentrix, Dentrix Ascend and Henry Schein One API Exchange).
Weave is founded in 2008 and headquartered in Lehi, Utah, United States.
Weave has raised $156M (pre-IPO) in total (latest round: IPO (NYSE: WEAV), November 2021; valuation: $253.1M market cap).
Weave's acquisitions include TrueLark.
Get a read on where your own stack stands against Weave and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.