WELL Health Inc. announced a $45 million Series C funding round led by Lead Edge Capital, bringing total funds raised to $75 million since its founding in 2015. Additional participants include Martin Ventures, Jackson Square Ventures, Health Velocity Capital, Summation Health Ventures, Structure Capital and Freestyle Capital. With the funds, WELL Health will improve health care quality, outcomes and affordability through partnerships with payers and Accountable Care Organization (ACO) provider organizations. WELL Health enables conversations between people and their provider organizations and health plans through multilingual messaging.
WELL Health’s communications hub is a two-way digital health solution engaging people throughout their entire care experience from acquisition to service delivery and ultimately wellness at their homes. WELL Health enables conversations through the individual’s preferred communications channel: texting, email, telephone, and live chat. By unifying and automating interactions across an organization, WELL Health’s technology enables efficiency, improved experience, and better coordination among provider organization staff.
This is the first investment publicly announced by WELL Health and follows more than 100% cumulative annual growth every year since its founding. WELL Health also announced that industry veteran Dana Gelb Safran, Sc.D. has joined as senior vice president, Value Based Care and Population Health.
WELL Health helps more than 200,000 health care provider organizations facilitate more than 1 billion messages for 30 million clients annually. By unifying and automating communications across health care organizations, WELL Health reduces stress and potential errors, while increasing visits and loyalty.
This was reported by WELL Health on November 24, 2020.
Contact information: Adrianna Hosford, Vice President of Communications, WELL Health, Inc. 1025 Chapala St, Santa Barbara, California 93101; 310-709-1961; Email: adrianna@wellapp.com; Website: https://wellapp.com
