Wayspring

Wayspring

A new way to wellness for people living with substance use disorder.

Founded 2012

Nashville, United States 225 employees Series D Total: $161.30M Health Care, Health and Wellness +1

Wayspring is a healthcare startup founded in 2012 in the United States. The company's mission is reflected in its slogan, "A new way to wellness for people living with substance use disorder." Wayspring focuses on providing value-based healthcare to individuals with complex needs, particularly those living with substance use disorder. The organization offers a comprehensive and longitudinal model that encompasses medical, behavioral health, and social support services, as well as targeted member outreach, strategic provider partnerships, and community-based peer support. This approach has led to increased adherence to evidence-based medicine, decreased healthcare waste, and improved health outcomes. In its latest funding round on 21 May 2024, Wayspring secured a significant investment of $45.00M from a group of prominent investors, including .406 Ventures, CVS Health, HLM Venture Partners, and Valtruis. Wayspring's innovative approach to addressing the needs of individuals with substance use disorder, coupled with its strong investor backing, positions the company as a compelling player in the healthcare industry. With its focus on value-based care and demonstrated impact on healthcare outcomes, Wayspring presents a promising opportunity for venture capital investors looking to support disruptive solutions in the healthcare sector.

Funding Stage	Amount	Investors	Lead Investors	Date
Series D	$45.00M	4	.406 Ventures, CVS Health +2	21 May 2024
Series D	$75.00M	8	.406 Ventures, Oak HC/FT +6	28 Sep 2021
Series C	$15.00M	4	Sandbox Sustainability Ventures, .406 Ventures +2	27 Feb 2020
Series B	$16.50M	4	Sandbox Sustainability Ventures, .406 Ventures +2	12 Oct 2016
Series A	$8.00M	3	Sandbox Sustainability Ventures, .406 Ventures +1	14 Jul 2015
Series A	$1.75M	2	Sandbox Sustainability Ventures, The Blue Venture Fund	03 Sep 2014
Seed Round	$50.00K	3	Healthbox, HCA +1	19 Sep 2013

Funding Stage

Amount

Investors

Lead Investors

Date

Series D

$45.00M

.406 Ventures, CVS Health +2

21 May 2024

Series D

$75.00M

.406 Ventures, Oak HC/FT +6

28 Sep 2021

Series C

$15.00M

Sandbox Sustainability Ventures, .406 Ventures +2

27 Feb 2020

Series B

$16.50M

Sandbox Sustainability Ventures, .406 Ventures +2

12 Oct 2016

Series A

$8.00M

Sandbox Sustainability Ventures, .406 Ventures +1

14 Jul 2015

Series A

$1.75M

Sandbox Sustainability Ventures, The Blue Venture Fund

03 Sep 2014

Seed Round

$50.00K

Healthbox, HCA +1

19 Sep 2013

FAQ About Wayspring

A new way to wellness for people living with substance use disorder.

Wayspring was founded in 2012.

Wayspring is headquartered in Nashville, United States.

Wayspring operates in Health Care, Health and Wellness and Platforms. Its work centres on Value-based healthcare, Substance use disorder, Behavioral health services and Medical services.

Wayspring has approximately 225 employees.

Wayspring has completed 7 funding rounds, raising a total of $161.30M. The latest funding stage is Series D.

Top alternatives and competitors to Wayspring include Better Life Partners, Fora Health Treatment & Recovery, Boulder Care, Odyssey Behavioral Healthcare, PainScript. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Wayspring and Better Life Partners are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (7)

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FAQ About Wayspring