About WELL Health Technologies Corp
WELL Health Technologies Corp is a company based in Vancouver (Canada) founded in 2010 by Hamed Shahbazi.. The company has 3,200 employees as of December 31, 2024. WELL Health Technologies Corp has completed 25 acquisitions, including Adracare, Aware MD and Butterfly Medical. WELL Health Technologies Corp offers products and services including Practitioner Enablement Platform, Telehealth Services, and EMR System. WELL Health Technologies Corp operates in a competitive market with competitors including Azalea Health, DrFirst, Innovaccer, Health Catalyst and CitiusTech, among others.
- Headquarter Vancouver, Canada
- Employees 3200 as on 31 Dec, 2024
- Founders Hamed Shahbazi
- Stage Public
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Well Health Technologies Corp.
-
Annual Revenue
$639.19 M (USD)18.51as on Dec 31, 2024
-
Net Profit
$22.66 M (USD)39667.07as on Dec 31, 2024
-
EBITDA
$36.79 M (USD)-48.03as on Dec 31, 2024
-
Latest Funding Round
$300 M (USD), Post-IPO
Jan 31, 2024
-
Investors
Scotiabank
& 3 more
-
Employee Count
3200
as on Dec 31, 2024
-
Investments & Acquisitions
Adracare
& 24 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of WELL Health Technologies Corp
WELL Health Technologies Corp is a publicly listed company on the TSX with ticker symbol WELL in Canada, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of WELL Health Technologies Corp
WELL Health Technologies Corp offers a comprehensive portfolio of products and services, including Practitioner Enablement Platform, Telehealth Services, and EMR System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides digital services to improve healthcare provider efficiency and operations
Enables remote consultations and patient management for healthcare delivery
Manages patient data and streamlines administrative tasks for clinics
Unlock access to complete
Funding Insights of WELL Health Technologies Corp
- Total Funding Total Funding
- Total Rounds 10
- Last Round Post-IPO — $300.0M
-
First Round
First Round
(01 Feb 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Post-IPO - WELL Health Technologies Corp | Valuation |
investors |
|
| Nov, 2023 | Amount | Post-IPO - WELL Health Technologies Corp | Valuation |
investors |
|
| Nov, 2021 | Amount | Post-IPO - WELL Health Technologies Corp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WELL Health Technologies Corp
WELL Health Technologies Corp has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Scotiabank, JPMorgan Chase and Eight Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital investments in tech startups, leveraging financial expertise for innovation.
|
Founded Year | Domain | Location | |
|
Financial services are provided to consumers and corporations worldwide.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided internationally by Scotiabank.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by WELL Health Technologies Corp
WELL Health Technologies Corp has strategically engaged in corporate development activities, having acquired 25 companies. Notable acquisitions include Adracare, Aware MD and Butterfly Medical. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Chain of physiotherapy clinics
|
2020 | ||||
|
SaaS-based practice management software is provided for healthcare professionals.
|
2018 | ||||
|
Online pharmacy services for medication access are provided by Wisp.
|
2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - WELL Health Technologies Corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Well Health Technologies Corp Comparisons
Competitors of WELL Health Technologies Corp
WELL Health Technologies Corp 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 Azalea Health, DrFirst, Innovaccer, Health Catalyst and CitiusTech, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
|
|
| domain | founded_year | HQ Location |
E-prescription and secure messaging solutions are offered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
Provider of an AI-powered cloud platform for healthcare performance improvement
|
|
| domain | founded_year | HQ Location |
Cloud-based data analytics are provided for healthcare organizations.
|
|
| domain | founded_year | HQ Location |
Provider of AI solutions for clinical, operational, and business outcomes
|
|
| domain | founded_year | HQ Location |
Suite of practice management, reimbursement, laboratory and analytics solutions to healthcare providers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Well Health Technologies Corp
Frequently Asked Questions about WELL Health Technologies Corp
When was WELL Health Technologies Corp founded?
WELL Health Technologies Corp was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is WELL Health Technologies Corp located?
WELL Health Technologies Corp is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of WELL Health Technologies Corp?
Hamed Shahbazi is the current CEO of WELL Health Technologies Corp. They have also founded this company.
How many employees does WELL Health Technologies Corp have?
As of Dec 31, 2024, the latest employee count at WELL Health Technologies Corp is 3,200.
What is the annual revenue of WELL Health Technologies Corp?
Annual revenue of WELL Health Technologies Corp is $639.19M as on Dec 31, 2024.
What does WELL Health Technologies Corp do?
WELL Health Technologies Corp was established in 2010 in Vancouver, Canada, within the healthcare technology sector. Electronic Medical Records (EMR) systems, virtual care platforms, and digital patient engagement solutions are developed and provided. Revenue Cycle Management tools along with cybersecurity and data protection software are offered to support medical practitioners in their operations.
Who are the top competitors of WELL Health Technologies Corp?
WELL Health Technologies Corp's top competitors include Innovaccer, CompuGroup Medical and DrFirst.
What products or services does WELL Health Technologies Corp offer?
WELL Health Technologies Corp offers Practitioner Enablement Platform, Telehealth Services, and EMR System.
Is WELL Health Technologies Corp publicly traded?
Yes, WELL Health Technologies Corp is publicly traded on TSX under the ticker symbol WELL.
How many acquisitions has WELL Health Technologies Corp made?
WELL Health Technologies Corp has made 25 acquisitions, including Adracare, Aware MD, and Butterfly Medical.
Who are WELL Health Technologies Corp's investors?
WELL Health Technologies Corp has 4 investors. Key investors include Scotiabank, JPMorgan Chase, Eight Capital Management, and Li Ka-shing.
What is WELL Health Technologies Corp's ticker symbol?
The ticker symbol of WELL Health Technologies Corp is WELL on TSX.