Woven Raises $1.5M Seed Round to Streamline Franchise Operations

Multi-unit small business management software accelerates ongoing progress with seed spherical, improving upon team, operations and facility upkeep functions for multi-device organization homeowners

INDIANAPOLIS, Nov. 15, 2022 /PRNewswire/ — Woven, the top multi-unit small business administration software, now introduced it has elevated $1.5M in seed funding led by Glow Models. With this funding, Woven will additional speed up its attempts to streamline persons administration, operations and facility and asset administration for franchisees and unbiased, multi-unit businesses, globally. 

To date, Woven bootstrapped 100% progress, with all purchaser acquisition coming from word-of-mouth referrals and existing purchaser enlargement, ensuing in 98% shopper retention around the past five yrs. The money lifted are earmarked just about completely for gross sales and advertising and marketing method development for income growth acceleration. In addition, Woven has been applied at more than 35% of all World Health and fitness clubs, 60% of all Buff Metropolis Cleaning soap spots, other brand names these types of as Pet Materials Plus and Good Clips, and across complete brand footprints, like Massage Heights and Zips Automobile Clean.

Multi-device organization administration has been a common problem in the franchise business, resulting in reduced productiveness, large employee turnover and disjointed programs. With Woven’s platform, firms can streamline again business operate and take care of individuals, places and functions from a centralized web-site, enabling multi-device operators to enhance accountability, efficiency and consistency. The most typically adopted options incorporate internal communications (e.g., workforce chat, personal chat, company announcements), location audits, and staff change scheduling and labor administration.

“For the duration of my time consulting franchisors and franchisees for more than a decade, I seen a recurring problem: various deficiencies in how know-how was meeting the desires of the industry. Woven was released to address those people deficiencies, building a solitary platform to swap siloed apps and a partnership model that aids corporations improved employ their tools,” said Matt Goebel, CEO and founder of Woven. “Our mission to assistance multi-unit businesses scale with relieve with our administration tools has develop into a fact, many thanks to this seed round.” 

In order to raise funding to develop Woven’s affect, Goebel opted to pursue financing from a companion relatively than an institutional current market. A person of Woven’s most significant consumers, Glow Makes, was selected as a associate. Glow Manufacturers received a powerful ROI of Woven’s means to streamline operations, communications and facility management, making use of it at 240 areas throughout the a number of manufacturers they function. By partnering with Glow Brands, Woven gained transparent insights into the pains and desires of its buyers and could maintain to its mission of currently being a associate to multi-unit and multi-brand name organizations.

“Woven has been instrumental in transforming and rising our company,” reported John Piwetz, CFO and government vice president of Glow Manufacturers. “Many thanks to Woven, Glow Models has received various efficiencies and improved managerial effectiveness. We have reallocated a lot more than $1 million of managerial time beforehand used on handbook or redundant responsibilities to other growth-focused initiatives, creating an outsized return on our Woven expenditure. Partnering with a business that has so promptly presented this stage of benefit to us – and lots of in the franchising earth at significant – was a no-brainer.”

“Woven has been a wonderful spouse due to the fact day a single, encouraging us strengthen our operational performance,” reported Vince Cino, VP of Central Operations and Communications, ZIPS Car or truck Clean. “The platform’s relieve of use, analytics, and depth and breadth of offerings has specified us every little thing we need in one location to deal with our day-to-working day functions and prioritize the wants of our business,” he included.

To find out a lot more about Woven, remember to visit www.startwoven.com.

About Woven

Established in 2017, Woven is the premier multi-unit small business administration platform for franchisee and unbiased owners, enabling them to handle persons, functions and services from a single location. By streamlining the administration purpose, Woven supplies end-to-stop assist to assist franchisees create productive, sustainable and scalable businesses. Woven is carried out in the spa, salon, retail, gymnasium and health and fitness areas, with notable makes, these as World Health and fitness, Solar Tan City and Buff City Cleaning soap. For far more details, remember to stop by www.startwoven.com.

BLASTmedia for Woven
Nikita Robinson
317.806.1900 ext. 174
[email protected]

Source Woven