Weave Appoints Abhi Sharma as New CTO, Enhancing Tech Capabilities Amidst Mixed Financial Health and Volatile Revenue Trends

Weave has appointed Abhi Sharma as Chief Technology Officer, bringing experience from Twilio's $4 billion Communications division. The healthcare company offers a customer experience and payments software platform for small and medium-sized healthcare businesses. Weave's financial health shows mixed results with a 12.2% revenue growth over the past year, but a negative operating margin and net margin. The company's current ratio is 1.22, but its Altman Z-Score of 1.17 indicates potential financial instability.

Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, has appointed Abhi Sharma as its Chief Technology Officer (CTO). Sharma brings extensive experience from leading global R&D organizations, including senior leadership roles at Salesforce, Oracle, Amazon, and Microsoft. Most recently, he led R&D within Twilio's $4 billion Communications business, where he scaled infrastructure to support over a trillion emails and 150 billion messages annually while pioneering AI-driven omnichannel solutions [3].

Sharma's appointment follows a period of significant growth for Weave. Over the past year, the company has seen a 12.2% revenue growth, but this has been accompanied by a negative operating margin and net margin. The company's current ratio stands at 1.22, indicating moderate liquidity, while the Altman Z-Score of 1.17 suggests potential financial instability [2].

Sharma's appointment comes as Weave continues to invest in AI and unify its platform with TrueLark, which it acquired in May 2025. His role will involve leading Weave's technology strategy and execution, focusing on scaling technology and delivering more value to customers. Sharma's customer-first mindset and data-driven approach align well with Weave's collaborative, people-centered culture [3].

References:
[1] https://www.gurufocus.com/news/3037101/grocery-outlet-go-sees-growth-with-strong-q2-sales-performance
[2] https://www.ncnewsonline.com/news/national/weave-names-abhi-sharma-as-chief-technology-officer/article_eb6fff33-d359-577e-aced-ac719511b89f.html
[3] https://www.marketscreener.com/news/weave-communications-names-abhi-sharma-as-chief-technology-officer-ce7c5edad180f220