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Well Raises $70M In Series B Funding To Grow Digital Health Improvement Platform

PRIVATEDec 17, 2021

Amount Raised

$70 Million

Round Type

Series B

Chapel Hill

Description

Well Dot, Inc. "Well", a consumer-focused health improvement platform that combines leading-edge artificial intelligence, advanced behavioral economic techniques and on-demand human guidance, today announced the completion of $70 million in Series B equity financing. The latest funding gives Well the capital to continue to scale its operations and expand its industry-leading platform to deliver enhanced functionality and improved health to an increasing number of members.

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Company Information

Company

Well

Location

Chapel Hill, North Carolina, United States

About

Well is a health improvement platform with a mission to be the world's most effective partner in the advancement of individualized health. The company is designed to solve the most critical health problem affecting America today: the pervasive inability of consumers to consistently take well known actions that are proven to help them achieve better health, leading to poor population health outcomes and unsustainable cost for employers. Well solves this problem by serving as a "daily health partner" and creating a cycle of success with every member – building trusted relationships and aligning support based on their interests and then ultimately working with them proactively to impact their highest priority clinical improvement opportunities. We are based in Chapel Hill, N.C. and Newton, Mass. with offices in Minneapolis and New York City. Contact: media@well.co SOURCE Well

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Well raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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