Waeve
Waeve is a technology company.
Financial History
Waeve has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Waeve raised?
Waeve has raised $2.0M in total across 1 funding round.
Waeve is a technology company.
Waeve has raised $2.0M across 1 funding round.
Waeve has raised $2.0M in total across 1 funding round.
Weave is an AI-powered platform that measures and analyzes software engineering work in the AI era, helping teams quantify productivity, AI usage, and improvement opportunities. It serves engineering leaders and teams at tech companies, solving the problem of opaque engineering metrics by using LLMs and custom models to analyze pull requests (PRs), code attribution, and integrations with tools like Claude and Cursor.[5]
The platform provides dashboards showing total output, AI-generated code percentage, top performers, team benchmarks, and ROI on AI tools, enabling data-driven decisions where traditional metrics fall short. Early adopters like Reducto, Superpower, and Laurel report shipping 16% more code within two months.[5]
Weave was founded by Adam (operations and sales background) and Andrew (employee #1 at Causal), who met while working at Causal—a company focused on data tools.[5] Adam had led organizations of 100+ people and built internal performance measurement tools for revenue teams, spotting a gap in engineering where leaders rely on "gut feel or shoddy metrics."[5]
Andrew experienced firsthand the challenges of subjective engineering management and scaling high-performing teams at Causal. Their discussions highlighted differences between revenue and engineering measurement practices, sparking the idea for Weave as the first tool to bring rigorous, AI-driven metrics to dev teams.[5]
Weave rides the explosive growth of AI-assisted coding, where tools like Cursor and Claude are transforming dev workflows but leaving productivity measurement outdated—teams "fly blind" without visibility into AI's true impact.[5] Timing is ideal amid the 2025 AI engineering boom, as companies scale AI investments and need ROI proof to justify spend.
Market forces like rising engineering costs, talent shortages, and demands for faster shipping (e.g., in YC-backed startups) favor Weave, influencing the ecosystem by standardizing AI-era metrics. It empowers leaders to optimize human-AI collaboration, benchmark against peers, and shift engineering from art to science, accelerating innovation in software-heavy sectors.[5]
Weave is poised to become the standard for AI-era engineering analytics, expanding from PR analysis to full-stack dev lifecycle tracking and predictive insights. Trends like agentic AI, multimodal coding, and remote team scaling will amplify its value, as leaders demand granular ROI amid ballooning AI tool budgets.
Its influence could evolve into a category leader, fostering best practices across tech and enabling 20-50% productivity gains industry-wide—tying back to its core mission of illuminating hidden engineering dynamics for smarter, faster building.
Waeve has raised $2.0M in total across 1 funding round.
Waeve's investors include Kevin Hartz, Arkitekt Ventures, August Capital, Boldstart Ventures, Boost VC, Curie.Bio, Founder Collective, Lux Capital, Maverick Capital, Metanoia, Operator Partners, Pillar VC.
Waeve has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in June 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2021 | $2.0M Seed | Kevin Hartz, Arkitekt Ventures, August Capital, Boldstart Ventures, Boost VC, Curie.Bio, Founder Collective, Lux Capital, Maverick Capital, Metanoia, Operator Partners, Pillar VC, Revolution, Scalar Capital, SNR, Social Impact Capital, SV Angel, Alan Braverman, Alice Zhang, Ashley Larson, Howie Liu, Julia Hartz, Peter Relan |