WellsCare, Inc. logo — Wellscare is the manufacture of IASO, the world's first hand...

WellsCare, Inc.

Wellscare is the manufacture of IASO, the world's first hands-free wearable cold laser pain relief device.

Founded 2016 United States Los Angeles, United States 3 employees Seed Total: $6.00B Health Care, Manufacturing

General Information

Company Name WellsCare, Inc.
Founded Year 2016
Location United States Los Angeles, United States
Employees 3
Industries Health Care, Manufacturing
Funding Stage Seed
Social

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About WellsCare, Inc.

WellsCare, Inc. is revolutionizing smart home care devices with its flagship product, IASO, the world's first hands-free wearable cold laser pain relief device. The United States-based company, founded in 2016, has recently secured a Seed Round investment on 16 November 2023 from Alchemista Partners.

IASO, an FDA-registered drug-free cold laser device, utilizes advanced low level laser therapy (LLLT) technology to stimulate healing of body tissues and provide relief from pain without any adverse side effects. The compact, portable, and rechargeable nature of IASO makes it a convenient solution for pain relief that can be worn anywhere.

With three different massage modes, IASO offers versatile options for users to address their specific needs, whether it's light therapy only, light therapy combined with vibration, or light therapy with rhythmic vibration. Moreover, the product comes with a one-year warranty, showcasing the company's commitment to quality.

WellsCare's focus on leveraging advanced technology and innovation to lead the smart home care device market aligns with the growing interest in health care and manufacturing industries, making it a compelling investment opportunity for venture capitalists seeking disruptive solutions in the healthcare space.

Business keywords: wearable technology, pain relief device, medical innovation, FDA-registered device, home healthcare, low level laser therapy, personal massager, portable medical device, rechargeable device, cold laser therapy, non-invasive treatment, smart home care device, medical device startup

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Alchemista Partners
16 Nov 2023
Seed Round Undisclosed 1
Platinum Technology Investment
20 Jun 2022
Angel Round Undisclosed 1
Kim Dong-Cheol
10 Dec 2021
Seed Round Undisclosed -
02 Feb 2021
Seed Round KRW6.00B 1
Korea Credit Guarantee Fund
30 May 2019

WellsCare, Inc. Alternatives & Competitors

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WellsCare, Inc. vs
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WellsCare, Inc. vs
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FAQ About WellsCare, Inc.

Wellscare is the manufacture of IASO, the world's first hands-free wearable cold laser pain relief device.
WellsCare, Inc. was founded in 2016.
WellsCare, Inc. is headquartered in Los Angeles, United States.
WellsCare, Inc. operates in Health Care and Manufacturing. Its work centres on wearable technology, pain relief device, medical innovation and FDA-registered device.
WellsCare, Inc. has approximately 3 employees.
WellsCare, Inc. has completed 5 funding rounds, raising a total of $6.00B. The latest funding stage is Seed.
Top alternatives and competitors to WellsCare, Inc. include PyrAmes, NimbleHeart, Tesla Medical s.r.o., Suzhou Jiecheng Medical Technology Co., Ltd. (A Genesis Medtech Company ), Neuronetics, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
WellsCare, Inc. and PyrAmes 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.

Source: BounceWatch company record for WellsCare, Inc., https://bouncewatch.com/company/wellscare-inc, updated 19 November 2024. When citing, please name BounceWatch and link this page.

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