W
Wove
Automating freight rate management with an AI-powered platform
About Wove
Wove Technologies Inc., initially established as TapFwd, Inc. in 2014 by founders Alex Wasserman and Eddie Siegel, operated as a mobile data company headquartered in San Francisco. The firm specialized in aggregating data across various channels to create unified user profiles for mobile devices, serving mobile ad networks, publishers, and marketers. In 2016, TapFwd secured a $3 million seed round to expand its mobile data marketplace, which processed billions of data points daily.
In 2018, the company rebranded from TapFwd to Wove and pivoted its business model. The new focus was a software platform designed to facilitate strategic marketing partnerships between complementary brands, helping them reduce customer acquisition costs without directly sharing proprietary customer data. This platform provided AI-powered recommendations and a suite of digital tools to manage and measure the effectiveness of these co-marketing relationships. Following this strategic shift, Wove raised $9 million in a Series A funding round led by August Capital, bringing its total funding to over $10 million. Notable clients included HotelTonight, Turo, and Winc. In October 2019, Wove was acquired by the television and analytics platform Samba TV.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2014
- Headquarters
- Atlanta, United States
- Employees
- 1
- Open positions
- None listed
- Dealroom signal
- 58.1/100
- Industry
- Transportation
- Sub-industry
- Logistics & Delivery
- Sector
- Transportation, Supply Chain Management, Freight, Core AI, Logistics Platform, Blue Economy, Shipping and Ports, AI Applications
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| DEBT✓Debt | Apr 2022 | $2.8M | — | Undisclosed | ↗ |
| SERIES A✓Equity / VC | Sep 2018 | $9M | $36M | Tekton Ventures · AngelPad · August Capital · Origin Ventures | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Wove is 10K monthly website visits, down 16.7% over the last three months. Wove's team declined 66.7% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Nelstone Ventures
Tekton Ventures
Auren Hoffman
Jonah Goodhart
Partech
Vaizra Investments
AngelPad
Boldstart Ventures
Jared Kopf
Series A2 investors entered at this stage
August Capital
Origin Ventures
Other known investors7 additional known investors
500 Global
First Ascent Associates
Jai Choi.
Kima Ventures
Nicolas El Baze
Rainfall Ventures
Sanabil Accelerator by 500 Global
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Wove on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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