About Well
Well is a company based in Chapel Hill (United States) founded in 1993 by David Werry.. Well has raised $177.82 million across 5 funding rounds from investors including General Catalyst, Mosaic Health Solutions and John Doerr. Well offers products and services including AI Health Engine and Human-Centered Platform.
- Headquarter Chapel Hill, United States
- Founders David Werry
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Well.Co
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$177.82 M (USD)
in 5 rounds
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Latest Funding Round
$30 M (USD), Series B
Apr 16, 2025
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Investors
General Catalyst
& 2 more
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Employee Count
Employee Count
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Products & Services of Well
Well offers a comprehensive portfolio of products and services, including AI Health Engine and Human-Centered Platform. 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.
A system is utilized to match health interventions to individuals based on their data, driving engagement and behavior change through targeted actions
A mobile-first and web interface is provided that incorporates compassionate guides to function as a daily health partner for users
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Funding Insights of Well
Well has successfully raised a total of $177.82M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2025. 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 Funding
- Total Rounds 5
- Last Round Series B — $30.0M
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First Round
First Round
(01 Nov 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Well | Valuation |
investors |
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| Oct, 2021 | Amount | Series B - Well | Valuation |
investors |
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| Dec, 2020 | Amount | Debt – Conventional - Well | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Well
Well has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include General Catalyst, Mosaic Health Solutions and John Doerr. 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 |
|---|---|---|---|---|
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Distributes batteries and power-related products to businesses and industries.
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Founded Year | Domain | Location | |
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JD
John Doerr |
Venture capitalist at Kleiner Perkins, early investor in Google and Amazon
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Well
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Well
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Well Comparisons
Competitors of Well
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Well
When was Well founded?
Well was founded in 1993 and raised its 1st funding round 26 years after it was founded.
Where is Well located?
Well is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina, United States.
Who is the current CEO of Well?
Gary Loveman is the current CEO of Well.
Is Well a funded company?
Well is a funded company, having raised a total of $177.82M across 5 funding rounds to date.
What does Well do?
Well was founded in 1993 in Chapel Hill, United States, operating in the healthcare sector. Individualized health pathways are developed based on member behaviors and patterns. Financial rewards are provided for meeting health goals, alongside live concierge support for healthcare navigation, bill understanding, coverage details, and provider scheduling. Personalized health journeys, suggestions, and coaching services are also delivered to assist members in achieving objectives.
What products or services does Well offer?
Well offers AI Health Engine and Human-Centered Platform.
Who are Well's investors?
Well has 3 investors. Key investors include General Catalyst, Mosaic Health Solutions, and John Doerr.