Wellth completed $20 million Series B Round funding
Sector:
Software App
Healthcare
Digital Health
03/31/2023
Los Angeles, CA USA
Wellth
completed $20 million Series B Round funding. Investors include
SignalFire (lead), Maycomb Capital, CD-Venture, yabeo, Partnership for New York City.
"At the core, we’re removing barriers and giving patients the motivation to do what’s best for their health,” says Matt Loper, Co-Founder and CEO at Wellth. “This mission is very personal to me, since I saw my own uncle struggle with behavioral change after a type 2 diabetes diagnosis. After he passed, I set out on a personal quest to understand why humans don’t do what we’re “supposed to do” when it comes to our health. Our Series B funding allows us to continue to understand that crucial question, solving some of the biggest challenges within healthcare and impacting even more patient lives.”
About
Wellth is a digital health company helping high-risk populations build lasting healthy habits through daily care motivation. To date, members have completed over 50 million daily check-ins, achieving an average 90% care plan adherence, a 51% reduction in inpatient admissions, and a 16% improvement in medication adherence (PDC). The app has also contributed to 4+ Star ratings across Medicare Part C and D measures and helped reduce avoidable healthcare costs. Wellth is trusted by leading health plans to engage Medicare Advantage, Medicaid, D-SNP, and other at-risk populations.
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