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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
Employees 104
Industries Digital Health, Health Care, Health and Wellness +1
Funding Stage Series B
Social

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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.

Business keywords: 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 $20.00M 7
SignalFire Yabeo Partnership for New York City
SignalFire, Yabeo +5
30 Mar 2023
Series A $1.50M 3
AXA Venture Partners Portfolia Esplanade Ventures
AXA Venture Partners, Portfolia +1
19 Jun 2020
Series A $10.00M 10
I2BF Global Ventures DaVita Venture Group MBX Capital
I2BF Global Ventures, DaVita Venture Group +8
06 May 2020
Seed Round $5.10M 10
AXA Venture Partners NFP Ventures Yabeo
AXA Venture Partners, NFP Ventures +8
02 Sep 2018
Seed Round Undisclosed 1
Startupbootcamp Scale Digital Health Miami
15 Dec 2017
Seed Round $2.00M 8
I2BF Global Ventures AltaIR Capital AXA Venture Partners
I2BF Global Ventures, AltaIR Capital +6
25 May 2016
Seed Round $50.00K 1
Healthbox
Healthbox
30 Jul 2015
Angel Round $400.00K 1
KohFounders
KohFounders
31 Oct 2014

Wellth Alternatives & Competitors

View All Alternatives
Wellth vs
Cecelia Health
Cecelia Health United States

A virtual specialty clinic for people with chronic conditions, designed with a human element to impr...

Series B
359 employees
Health Care, Health and Wellness
Wellth vs
Collabree Ltd
Collabree Ltd Switzerland

Helping patients to make lasting behavioral changes and stick to their therapy regimen.

Seed
3 employees
Health Care, Health and Wellness
Wellth vs
Glooko
Glooko United States

Better Together

Series D
259 employees
Digital Health, Health Care
Also compare with: Wellth vs Solera Health Solera Health Wellth vs Welby Health Welby Health View all alternatives

FAQ About Wellth

Better Outcomes using Behavioral Economics
Wellth was founded in 2014.
Wellth is headquartered in Los Angeles, United States.
Wellth operates in Digital Health, Health Care, Health and Wellness and Information Technology. Its work centres on digital health, behavioral economics, chronic disease and adherence.
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 Cecelia Health, Collabree Ltd, Glooko, wayForward (acquired by DarioHealth Corp.), Second Nature. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wellth and Cecelia Health 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 Wellth, https://bouncewatch.com/company/wellth, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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