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Wellbe Senior Medical Secures Investment From Cvs Health Ventures To Accelerate Nationwide Expansion

PRIVATEJan 07, 2024

Round Type

Venture

ChicagoHealth CareMedicalMedical Practices

Investors

Well BeCVS Health Ventures

Description

WellBe Senior Medical, an in-home value-based care provider to the Medicare Advantage population, announced an investment from CVS Health Ventures, the corporate venture capital arm of CVS Health. This strategic partnership and investment will help to accelerate WellBe's national expansion. Today, WellBe operates in seven states, has over 107,000 Medicare Advantage members and over $2 billion in premium under management, and is the fastest-growing independent provider of value-based care in the home for Medicare Advantage.

Quick answer

WellBe Senior Medical raised an undisclosed amount in a funding round, dated January 7, 2024. Investors: Well Be and CVS Health Ventures. WellBe Senior Medical is based in Chicago, Illinois, United States.

How much did WellBe Senior Medical raise?
WellBe Senior Medical raised an undisclosed amount in a funding round on January 7, 2024.
Who invested in WellBe Senior Medical?
Well Be and CVS Health Ventures are named as investors in this round.
What does WellBe Senior Medical do?
WellBe Senior Medical and its affiliated medical groups are the nation's largest and fastest-growing independent providers of home-based medical care.
Where is WellBe Senior Medical based and how big is it?
WellBe Senior Medical is based in Chicago, Illinois, United States. Fundz records about 501 employees.
Who are the decision-makers at WellBe Senior Medical?
Fundz holds 1 contact at WellBe Senior Medical. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Medical Practices around the same time

Companies in the same sectors as WellBe Senior Medical that raised within 45 days of this round, from Fundz verified event records.

  • Avatar Medical raised $5.4M (Seed) on February 21, 2024.
  • Medical Microinstruments raised $110M (Series C) on February 21, 2024.
  • Tenon Medical raised $2.6M (Seed) on February 20, 2024.
  • Greenbrook TMS raised $2.5M (Seed) on February 15, 2024.
  • Motif Neurotech raised $19M (Series A) on February 14, 2024.
  • EndoSound raised $50K (Seed) on February 9, 2024.

Who to call at WellBe Senior Medical, and when

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Company Information

Company

WellBe Senior Medical

Location

Chicago, Illinois, United States

About

WellBe Senior Medical and its affiliated medical groups are the nation's largest and fastest-growing independent providers of home-based medical care. WellBe specializes in delivering comprehensive, home-based medical care to patients who are facing multiple complex health challenges. WellBe provides personalized care and works together with patients, their caregivers, and other network physicians to nurture all aspects of health. WellBe currently operates in nine states, serving over 150,000 patients.

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

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