Pelion successfully sold Weave, an all-in-one communication platform for medical practices, enabling the MPE Funds International II, III, and V to realize an exit valued at approximately $725,000.
Target Information
Weave is an all-in-one communication platform designed to help medical practices enhance patient engagement, automate workflows, and drive growth. The platform is particularly beneficial for small medical offices, optometrists, and veterinarians, where managing patient communication can often become overwhelming. The continuous ringing of phones to schedule appointments, respond to patient inquiries, and process payments can lead to missed calls and overlooked reminders. This chaos can frustrate staff and patients alike, ultimately hindering the growth potential of these practices.
In today's fast-paced environment, patients expect quick responses and user-friendly digital services. Weave addresses these needs with features that streamline communication, ensuring that patients remain satisfied and engaged. Its functionalities go beyond traditional phone systems, offering automated SMS notifications for missed calls, digital forms, appointment reminders, and online review management—all aimed at improving operational efficiency.
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Industry Overview in the Target’s Specific Country
The healthcare industry, particularly in the United States, has seen a significant shift towards digital communication solutions. With the rise of telehealth and remote consultations, medical practices are increasingly adopting technology to enh
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Pelion
invested in
Weave
in 2025
in a Other Private Equity deal
Disclosed details
Transaction Size: $725M