8 Best Software Penny Stocks to Buy Now

7. Weave Communications Inc. (NYSE:WEAV)

Weave Communications Inc. (NYSE:WEAV) is one of the 8 best software penny stocks to buy now.

On March 30, Weave Communications Inc. (NYSE:WEAV) acknowledged its collaboration with Minted Technology Advisors. The MintedCX advisory model is utilized by healthcare practices for the latest patient communication and engagement technologies.

Using their MintedCX program, Minted Technology Advisors assists health care institutions to enhance patient experience, efficiency within teams, and overall organizational effectiveness through proper guidance regarding technology choices. As an authorized Weave partner, Minted has played an essential role in assisting institutions to effectively adopt and utilize Weave’s communication technology solutions.

On March 30, Weave Communications Inc. (NYSE:WEAV) made an announcement regarding the immediate appointment of Ryan Dubin and Edward Robson as new independent directors. The new addition to the Board of Directors was finalized in conjunction with a cooperation agreement involving Engine Capital, 2717 Partners LP, and other associates.

Concurrently, the Board will also form a dedicated Finance Committee, which will work on promoting sustained shareholder value. David Silverman will serve as the chairman of this newly formed committee, while Tyler Newton, Edward Robson, and Ryan Dubin will also be part of it.

Weave Communications Inc. (NYSE:WEAV) provides an AI-powered patient communications, interaction, and transaction solution for small to medium-sized healthcare companies. It has an extensive portfolio which includes smart phone system, group messaging solutions, and SMS response assistants. It also offers scheduling services and insurance tools.