Weave Communications Acquires TrueLark from Elevate Capital

May 7, 2025
Weave Communications has acquired TrueLark, an AI-powered front-desk automation platform, from Elevate Capital, marking another successful exit for the venture capital firm.
Weave Communications Acquires TrueLark from Elevate Capital

Elevate Capital announced the acquisition of its portfolio company, TrueLark, by Weave Communications, as stated in a press release. TrueLark, based in Palo Alto, California, is known for its AI-powered front-desk automation platform that serves healthcare, beauty, and wellness businesses by handling tasks such as appointment scheduling and customer inquiries.

The acquisition enhances Weave's capabilities in front-office automation and accelerates its product roadmap for AI-powered solutions in the healthcare and wellness sectors. TrueLark's integration will allow Weave to expand its service offerings across more business types while maintaining a strong presence in key growth verticals.

Elevate Capital, which invested in TrueLark as part of its first fund in 2017, marks this as its eighth successful exit. The venture capital firm has been instrumental in supporting TrueLark's growth, leveraging its network and expertise in healthcare technology to foster innovation and expansion.

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