Revenue Growth and Record Performance
Q1 revenue grew 18% year-over-year, marking the 13th consecutive quarter of exceeding guidance. Gross margin improved by 170 basis points year-over-year to 72.1%.
Acquisition of TrueLark
Weave signed a definitive agreement to acquire TrueLark for $35 million, expanding its addressable market to over $10 billion in the U.S. alone and enhancing its AI and automation capabilities.
Strong Performance in Specialty Medical
Record sales across the Medical segment driven by strong performance in MedSpa and Plastic Surgery, with continued momentum in primary care and physical therapy.
New Integrations and Expanding Market Reach
Launched three new integrations with Prompt, Practice Fusion, and Veradigm, increasing the integrated market by approximately 60,000 locations.
Recognition and Awards
Weave ranked in the Top 50 on G2's 2025 Best Software Awards, and ranked first in 33 categories in G2's spring 2025 report.