Weav
AcquiredYC W20New York City, US Β· Founded 2020 Β· 9 employees Β· 5 known investors
Weav provides an API that enables small businesses to integrate with financial institutions and commerce platforms.
Also known as Airboard Β· Bend Inc. Β· Weav Inc.
Founders & leadershipΒ· Y Combinator alumni (W20)
Weav was founded in 2020 by Nadav Lidor, Avikam Agur, and Ambika Acharya.
Investors Β· 5
Company profile
researched Aug 2026Weav was a fintech infrastructure company that offered a universal API for commerce platforms, giving businesses standardized, real-time access to transaction data generated by their customers across multiple sales and payment systems. The company positioned itself as digital infrastructure connecting small businesses with financial institutions, aggregating and normalizing otherwise fragmented and inconsistently formatted commerce data so that platforms could build financial products, automate workflows, and make data-driven decisions.
Beyond read-only data access, Weav's API reportedly supported actions such as issuing payouts, creating payments, and managing orders. The company was part of Y Combinator's Winter 2020 batch and operated from New York City with a team of roughly nine people before being acquired by Brex in August 2021.
Founding story
Weav was founded in 2020 by Ambika Acharya, Avikam Agur, and Nadav Lidor and joined Y Combinator's Winter 2020 batch. According to a third-party profile, the idea came from the difficulty commerce platforms faced in obtaining unified, real-time transaction data across fragmented sources and inconsistent data formats.
Business model
Weav sold API-based infrastructure to commerce platforms, fintechs, and financial institutions that needed unified access to merchant transaction data; the sources do not describe specific pricing or contract terms.
Not described in the available sources.
Traction
A third-party profile cites early partnerships or integrations with platforms including Brex, Stripe, Square, Shopify, and PayPal, Brex's launch of Instant Payouts for Shopify sellers powered by Weav's API, and API call volume growth of 300% month-over-month. Team size at Y Combinator was listed as nine.
Latest developments
Following the 2021 Brex acquisition, co-founder Nadav Lidor is described on Y Combinator as leading Brex Banking, characterized as a $100 million ARR business unit serving thousands of early-stage and growing companies; co-founder Avikam Agur is listed as Weav's former VP of R&D. One third-party directory lists Weav's status as inactive.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Weav operated in the fintech infrastructure and embedded finance segment, competing to be the standardized data layer between commerce platforms and financial services providers for small businesses. The sources do not name direct competitors.
A single integration covering many commerce and payment platforms, real-time normalized data across transactions, sales, inventory and subscriptions, developer-friendly implementation, and the ability to initiate actions (payouts, payments, orders) in addition to reading data.
Technology
A single API integration that connects to multiple commerce and payment platforms β including Stripe, Square, Shopify, and PayPal per a third-party profile β and aggregates and normalizes transaction, sales, inventory, and subscription data in real time. The API is described as implementable in a few lines of code with an embedded authentication flow for end customers, and as supporting write actions such as payouts, payments, and order management.
Go-to-market
Developer-oriented distribution through an easily embedded API, with adoption driven by partnerships and integrations with major commerce and payment platforms; the company also benefited from Y Combinator network exposure.
Commerce platforms, fintech companies, and financial institutions seeking to serve small and medium-sized businesses and e-commerce merchants with data-driven financial products.
Geography
Headquartered in New York City, New York, United States.
History
Founded in 2020 and part of Y Combinator's Winter 2020 batch, Weav raised a seed round reported at $4.3 million in April 2021 (a third-party profile lists a $4.0 million seed led by Foundation Capital in April 2021 and cites $9.0 million total across two rounds). In August 2021, TechCrunch reported that Brex acquired Weav for $50 million; Y Combinator lists the company as acquired.
Risks & controversies
No controversies are reported in the available sources. Source data is inconsistent: one third-party directory reports $9.0 million raised across two rounds, including a $5 million "Series A" dated December 2019 (predating the stated 2020 founding) and a $4.0 million seed in April 2021, while Y Combinator's news listing cites a $4.3 million raise in April 2021. Several web results for "Weav" refer to unrelated companies (Weave Communications, weav.ai, weav.com) and were excluded.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 3
launches, deals, and filingsTechCrunch reported that Brex acquired Weav, a universal API for commerce platforms, for $50 million. Weav's Y Combinator profile lists the company status as acquired, and founder bios describe Weav as acquired by Brex.
$50M source β
TechCrunch reported that Weav raised $4.3 million to build a universal API for commerce platforms, per the news item listed on Weav's Y Combinator company page.
$4.3M source β
Weav was part of Y Combinator's Winter 2020 batch.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- AI Customer Service Solutions | Weavweav.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Weav do?
- Weav built a universal API for commerce platforms connecting small businesses to financial institutions; acquired by Brex in 2021.
- Who founded Weav?
- Weav was founded by Nadav Lidor, Avikam Agur, Ambika Acharya in 2020.
- Who are Weav's investors?
- Weav's investors include Y Combinator, BoxGroup, King River Capital, Passion Capital, SV Angel.
- Where is Weav headquartered?
- Weav is headquartered in New York City, US.