Wellth completed $36 million Series C Round funding
Sector:
Software App
Healthcare
Digital Health
Wellth
completed $36 million Series C Round funding. Investors include
Mercato Partners (lead), Comcast Ventures, CD-Venture, New York Life Ventures, SignalFire, FCA Venture Partners.
"This funding is a validation of our mission and model," said Matthew Loper, CEO and co-founder of Wellth. "The healthcare system often tries to 'engage' patients through one-off interactions that are easily ignored and can feel more like an annoyance than a connection. For the past 11 years, Wellth has pioneered a new category in healthcare: Daily Care Motivation. By applying the science of human behavior, Wellth reaches and supports patients through every single day of their care journey. We've proven that these small, positive daily interactions lead to significant improvements in health outcomes and a reduction in avoidable costs. I am thrilled to partner with our new investors as we work to transform the industry from missed connections to a daily relationship that members love."
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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