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Wellinks Closed $10 Million Series B Funding from UMass Memorial Health and inside investors to accelerate growth and expand patient access.

PRIVATEAug 04, 20263 days ago

Amount Raised

$10 Million

Round Type

Series B

New HavenHealth Care

Investors

Inside InvestorsU Mass Memorial Health

Description

Wellinks, a leader in cardiopulmonary care, announced the first close of its Series B Funding, securing $10 million. The investment will fund commercial growth with participation from UMass Memorial Health and other inside investors. Wellinks aims to expand its predictive care solution through this funding. The collaboration with UMass Memorial reflects a commitment to advancing proactive, data-driven care.

Company Information

Company

Wellinks

Location

New Haven, Connecticut, United States

About

Wellinks, formerly Convexity Scientific Inc., is a digital health care company offering the first-ever integrated virtual Chronic Obstructive Pulmonary Disease (COPD) management solution. Wellinks is partnering with health systems and risk bearing entities to lower costs, improve access, and empower greater outcomes for people living with COPD and those responsible for their care. Based in New Haven, Connecticut, Wellinks is led by a team of digital health veterans and backed by leading investment firms including Morningside, HighCape Capital, Connecticut Innovations, and Benslie. For more information, visit www.wellinks.com and follow on Twitter (@WellinksHealth) and LinkedIn.

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Funding Insights

Based on industry data
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
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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