In the current rapid transition to virtual learning environments, digital literacy and digital competence to process data to information is a crucial skill for any individual. This is where Weava comes in. Weava is a productivity tool for people to research, organize, and process information easily, after raising their first $250,000 pre-seed round.
Weava is a free productivity tool available as a browser extension and an iOS mobile application. Users can highlight information directly on the web and on online and local PDFs, take notes, organize work in folders, and share for collaboration with others. The full suite of services is available at the user’s convenience for personal and collective learning.
Weava offers a free plan with an unlimited highlights, notes and folders, web & PDF highlighting, citations, basic exporting, 100 MB storage, syncs across devices adn a $39.99/year premium plan with unlimited storage, customizable colors, unlimited sub-folders, collaboration features, and ability to save images.
The global productivity management software market is valued at $47.33B* (2021) with a compound annual growth rate of 14.2%* from 2021 to 2028. And Weava is currently valued at $1.2M, and with the current growth rate of MRR and user base, it aims to triple in value in the next 3-5 years.
Weava is planning to accelerate the monthly growth rate to 20-30% over the next 6 months, aiming to reach at least 1 million active installations by the end of the year 2022 and 3 million active installations within 1-2 years. Currently their business model is based on B2C but they aim to establish B2B relationships with schools and research institutions.