GetWellNetwork

Bethesda, United States Founded: 1999 • Age: 27 yrs Acquired By SAIGroup
Interactive software is developed for patient engagement in hospital care.
Annual revenue - Latest available
Total funding $19.0M 3 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About GetWellNetwork

GetWellNetwork is a company based in Bethesda (United States) founded in 1999 was acquired by SAIGroup in July 2024. GetWellNetwork has raised $19 million across 3 funding rounds from investors including Johnson & Johnson, Welsh, Carson, Anderson & Stowe and Ascension Ventures. GetWellNetwork has completed 4 acquisitions, including Docent Health, Healthloop and Seamless Medical. GetWellNetwork offers products and services including Patient Activation, Point of Care Engagement, Population Health Management, and Transitions of Care. GetWellNetwork operates in a competitive market with competitors including Zimmer Biomet, CipherHealth, ConnectiveRx, ixLayer and Hyro, among others.

  • Headquarter Bethesda, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Getwellnetwork, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $19 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    SAIGroup

    & 1 more

    (Jul 09, 2024)

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Products & Services of GetWellNetwork

GetWellNetwork offers a comprehensive portfolio of products and services, including Patient Activation, Point of Care Engagement, Population Health Management, and Transitions of Care.

Primary

Platform to activate patients for better health outcomes

Tools for real-time patient interactions in hospitals

Programs to manage community health and care gaps

Services for smooth patient transitions post-discharge

People of GetWellNetwork

Headcount 200-500
Employee Profiles 36
Employee Profiles
People
Mike Reynolds
SVP, Product Development
People
Victoria Wickline
SVP, Client Success
People
Khang Vanky
Director Of Procurement
People
Bill Chatterton
Chief Financial Officer

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Funding Insights of GetWellNetwork

GetWellNetwork has successfully raised a total of $19M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (23 Oct 2005)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2013 Amount Series D - GetWellNetwork Valuation

investors

Mar, 2009 Amount Series C - GetWellNetwork Valuation

investors

Oct, 2005 Amount Series B - GetWellNetwork Valuation

investors

Investors in GetWellNetwork

GetWellNetwork has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Johnson & Johnson, Welsh, Carson, Anderson & Stowe and Ascension Ventures.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Strategic investments in healthcare technologies and data innovations.
Founded Year Domain Location
Tech-focused VC firm investing in geographies such as the US
Founded Year Domain Location
ROMA99 is recognized as a trusted online gaming platform.
Founded Year Domain Location

Investments & Acquisitions by GetWellNetwork

GetWellNetwork has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Docent Health, Healthloop and Seamless Medical.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Software and mobile applications for hospitals providing VIP service
2015
Blockchain-based EMR solutions are provided for healthcare providers.
2011
Cloud-based analytics platform enables patient engagement and recovery monitoring.
2009

Financial Statements - GetWellNetwork

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Competitors of GetWellNetwork

GetWellNetwork operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zimmer Biomet, CipherHealth, ConnectiveRx, ixLayer and Hyro, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Medical devices for multiple health purposes are manufactured.
domain founded_year HQ Location
SaaS based tools for patient engagement
domain founded_year HQ Location
Provider of patient engagement and prior authorization solutions
domain founded_year HQ Location
Provider of cloud-based solution for precision and population health testing
domain founded_year HQ Location
An AI-based conversational platform is provided for healthcare task automation.
domain founded_year HQ Location
Patient engagement solutions for healthcare providers at point of care

Latest news on Getwellnetwork

Frequently Asked Questions about GetWellNetwork

GetWellNetwork was founded in 1999 and raised its 1st funding round 6 years after it was founded.

GetWellNetwork is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.

GetWellNetwork is a funded company, having raised a total of $19M across 3 funding rounds to date. The company's 1st funding round was a Series B of $9M, raised on Oct 23, 2005.

GetWellNetwork develops interactive software to help hospitals get patients more involved in their care process. Using the bedside TV, the GetWellNetwork system enables patients to view movies, access the Internet, play games and get health information on the television. In addition to entertainment, the GetWellNetwork system offers educational resources tailored for the patients specific condition. The system includes a library of educational videos and content on specific health conditions, medications, tests, and procedures. The patient education library offers material from content providers like Milner-Fenwick, KidsHealth, Blausen Medical, Swank Motion Pictures, Wired.MD and others. Patients also have access to information about the hospital including visiting hours, staff profiles and patient care initiatives. Patient education is delivered to the patient using pre-defined workflows referred to as Patient Pathways. Patient Pathways utilize best practice templates that enable hospitals to automatically customize a patients hospital experience based on a variety of data inputs from existing hospital information systems. Data inputs trigger Patient Pathways to begin engaging patients in their own care. The patients progress is recorded for reporting and to allow Nurses and staff to monitor the patients real-time progress. Progress can also be automatically documented to the patients EMR.

GetWellNetwork's top competitors include Hyro, CipherHealth and ixLayer.

GetWellNetwork offers Patient Activation, Point of Care Engagement, Population Health Management, and Transitions of Care.

GetWellNetwork has made 4 acquisitions, including Docent Health, Healthloop, and Seamless Medical.

GetWellNetwork has 11 investors. Key investors include Johnson & Johnson, Welsh, Carson, Anderson & Stowe, Ascension Ventures, Valhalla Partners, and ROMA99.

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