Fundz

Wellster Completes Series B With $60M To Launch Femtech Platform

PRIVATEJan 18, 2022

Round Type

Series B

MunichCommerce And ShoppingCommunity And LifestyleHealth Care

Description

Wellster Healthtech Group announces a further $20M in funding, just six months after raising $40M. Wellster is thus closing its series B.

Quick answer

Wellster Healthtech Group raised an undisclosed amount in a Series B round, dated January 18, 2022. Wellster Healthtech Group is based in Munich, Bavaria, Germany.

How much did Wellster Healthtech Group raise?
Wellster Healthtech Group raised an undisclosed amount in a Series B round on January 18, 2022.
What does Wellster Healthtech Group do?
Wellster was founded in 2018 by Dr. Manuel Nothelfer and Nico Hribernik to provide more people with easy access to effective medical treatments.
Where is Wellster Healthtech Group based and how big is it?
Wellster Healthtech Group is based in Munich, Bavaria, Germany.

Source: Fundz verified event record.

Who else raised in Commerce And Shopping and Community And Lifestyle around the same time

Companies in the same sectors as Wellster Healthtech Group that raised within 45 days of this round, from Fundz verified event records.

  • PetPlate, Inc. raised $16M on December 17, 2021.
  • PetPlate, Inc. raised $19M (Series B) on December 15, 2021.
  • Variantyx raised $42M (Funding Round) on February 14, 2022.
  • Harborside raised an undisclosed amount (Debt Financing) on February 10, 2022.
  • RYTHM, Inc. raised $27M on February 8, 2022.
  • RYTHM, Inc. raised $4M (Seed) on February 8, 2022.

Who to call at Wellster Healthtech Group, and when

A new round usually means Wellster Healthtech Group is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Wellster Healthtech Group raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Wellster Healthtech Group, from your own LinkedIn network

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Company Information

Company

Wellster Healthtech Group

Location

Munich, Bavaria, Germany

About

Wellster was founded in 2018 by Dr. Manuel Nothelfer and Nico Hribernik to provide more people with easy access to effective medical treatments. Wellster has developed its platforms to be the primary point of contact for anybody seeking help with their health issues. More than 1.5 million individuals have used the service since it went online in May 2019.

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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

Wellster Healthtech Group 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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