About Wellabe
Wellabe is a company based in Munchen (Germany) founded in 2016 by Sebastian Dunnebeil and Michael Theodossiou.. Wellabe has raised $3.64 million across 1 funding round from investors including Plug and Play Tech Center, Sana Kliniken and Earlybird. The company has 23 employees as of December 31, 2022. Wellabe operates in a competitive market with competitors including Hinge Health, One Medical, Dialogue, Practo and Accolade, among others.
- Headquarter Munchen, Germany
- Employees 23 as on 31 Dec, 2022
- Founders Sebastian Dunnebeil, Michael Theodossiou
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Sectors
TechnologyHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wellabe Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.64 M (USD)
in 1 rounds
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Latest Funding Round
$3.64 M (USD), Series A
Dec 04, 2020
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Investors
Plug and Play Tech Center
& 3 more
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Employee Count
23
as on Dec 31, 2022
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Funding Insights of Wellabe
Wellabe has successfully raised a total of $3.64M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.64 million completed in December 2020. 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 1
- Last Round Series A — $3.6M
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First Round
First Round
(04 Dec 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Series A - Wellabe | Valuation | Sana Kliniken |
| 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 Wellabe
Wellabe has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Sana Kliniken and Earlybird. 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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Earlybird is recognized as a venture capital investor focused on early-stage tech companies.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Investments in pre-seed and seed-stage startups are made by SquareOne.
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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 Wellabe
| 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 - Wellabe
| 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 |
Wellabe Comparisons
Competitors of Wellabe
Wellabe 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 Hinge Health, One Medical, Dialogue, Practo and Accolade, 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 |
Virtual physical therapy and digital pain care solutions are provided.
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| domain | founded_year | HQ Location |
Membership-based primary care platform is offered for employees and consumers.
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| domain | founded_year | HQ Location |
Dialogue is recognized as a leading health and wellness provider in Canada.
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| domain | founded_year | HQ Location |
Doctor appointments are booked and healthcare professionals are consulted online.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Health and wellness social network for employees is provided.
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| 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 Wellabe
When was Wellabe founded?
Wellabe was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Wellabe located?
Wellabe is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Wellabe a funded company?
Wellabe is a funded company, having raised a total of $3.64M across 1 funding round to date. The company's 1st funding round was a Series A of $3.64M, raised on Dec 04, 2020.
How many employees does Wellabe have?
As of Dec 31, 2022, the latest employee count at Wellabe is 23.
What does Wellabe do?
Wellabe was founded in 2016 in Munich, Germany, as a SaaS provider in the healthtech sector. An online platform for doctor consultations targeted at employees is operated, enabling mobile check-ups and video interactions with physicians. Health management tools are offered for workplace assessments, virtual consultations, and personalized recommendations. Access to health programs is facilitated through a dedicated app, supporting employee wellness initiatives across organizations.
Who are the top competitors of Wellabe?
Wellabe's top competitors include Accolade, Hinge Health and One Medical.
Who are Wellabe's investors?
Wellabe has 4 investors. Key investors include Plug and Play Tech Center, Sana Kliniken, Earlybird, and SquareOne.