Wellth logo — Better Outcomes using Behavioral Economics

Wellth

Better Outcomes using Behavioral Economics

Founded 2014 United States Los Angeles, United States 104 employees Series B Total: $39.05M Digital Health, Health Care +2

General Information

Company Name Wellth
Founded Year 2014
Location United States Los Angeles, United States +2
Employees 104
Industries Digital Health, Health Care, Health and Wellness +1
Funding Stage Series B
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About Wellth

Wellth is a United States based digital health company founded in 2014 that aims to improve adherence in chronic disease populations. The company leverages the science of behavioral economics to address the unique obstacles preventing individuals with chronic conditions from improving patient outcomes. Wellth's approach goes beyond conventional methods by utilizing contingency management and loss aversion to encourage motivation, behavior change, and population health improvement at scale. Having received a $20.00M Series B investment on 30 March 2023, with backing from investors such as SignalFire, The Social Entrepreneurs' Fund, Beyond Capital Partners, Partnership Fund for New York City, Yabeo, Frank Williams, and CD-Venture, Wellth has demonstrated its capability to garner support from reputable players in the investment landscape. The company's slogan, "Better Outcomes using Behavioral Economics", encapsulates its mission to tackle the complexities of decision-making within the healthcare system and its dedication to enhancing patient adherence and outcomes. Wellth's easy-to-use mobile platform has been recognized by health plans, providers, and organizations to empower members with the incentives and support system needed for establishing healthy habits. Furthermore, Wellth's initiatives have shown RCT-proven outcomes and successful member outcomes, including improved medication and care plan adherence, reduced readmissions and hospitalizations, as well as enhanced PDC. With a focus on Healthcare and Information Technology industries, Wellth represents a compelling investment opportunity with its innovative approach to improving population health and adherence in chronic conditions. You can find more information at www.wellthapp.com.

Taxonomy: digital health, behavioral economics, chronic disease, adherence, population health, mobile platform, RCT-proven outcomes, medical adherence, patient outcomes, patient engagement, behavioral science

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 7
Investor Investor Investor Investor
•••• ••••
30 Mar 2023
Series A •••••• 3
Investor Investor Investor
19 Jun 2020
Series A •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
06 May 2020
Seed Round •••••• 10
Investor Investor Investor Investor Investor Investor
•••• ••••
02 Sep 2018
Seed Round •••••• 1 •••• •••• 15 Dec 2017

View All 8 Funding Rounds

Wellth Alternatives & Competitors

Wellth vs
HealthPrize
HealthPrize United States

HealthPrize motivates people with chronic conditions to take control of their treatment plan and imp...

Series B
12 employees
Health Care, Internet
Wellth vs
Rx Interactive, Inc
Rx Interactive, Inc United States

Rx Interactive helps health care organizations increase patient and medication adherence by using ga...

1 employees
Health Care, Pharmaceutical
Wellth vs
AdhereTech
AdhereTech United States

Better health through adherence. Because every dose — and every day — counts.

Corporate Round
37 employees
Health Care, Medical Devices

FAQ About Wellth

Better Outcomes using Behavioral Economics
Wellth was founded in 2014.
Wellth is headquartered in Los Angeles, United States.
Wellth operates in the following industries: Digital Health, Health Care, Health and Wellness, Information Technology.
Wellth has approximately 104 employees.
Wellth has completed 8 funding rounds, raising a total of $39.05M. The latest funding stage is Series B.
Top alternatives and competitors to Wellth include HealthPrize, Rx Interactive, Inc, AdhereTech, THRIVORS - The Cancer Care Companion, Health Window. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wellth and HealthPrize 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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