Weave Communications acquires AI receptionist platform TrueLark for $35M

Weave Communications, Inc.

Total consideration $35M ($25M cash + $10M in 999,810 shares of Weave common stock).
Acquisition expected to close in Q2 2025; includes performance-based RSUs over 2 years for key personnel.
TrueLark's AI platform automates missed calls, appointment booking, after-hours communication for SMB healthcare.
Deal expands Weave's addressable market to estimated $10B domestic, $22B international.

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