Amwell Raises $194 Million To Expand Digital Health Platform

Amwell announced it has closed its Series C financing round, adding $194 million in funding. Many early investors and strategic partners participated in this round, including Allianz X and Takeda. Amwell will use significant parts of the funds to expand its investment in technology and services that make it easy, convenient, and effective for clinical professionals and consumers to connect securely at scale. Amwell will continue to ensure that clinical encounters remain fully integrated in existing workflows and enveloped with healthcare-appropriate clinical and administrative information, management, and reporting.

As a result of the COVID-19 pandemic, Amwell has seen . . .