WellBe

Madison, United States Founded: 2009 • Age: 17 yrs Acquired By Orbita
Cloud-based SaaS platform for patient engagement in healthcare is provided.
Annual revenue - Latest available
Total funding $10.6M 8 rounds
Employees 19 Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About WellBe

WellBe is a company based in Madison (United States) founded in 2009 was acquired by Orbita in August 2023. WellBe has raised $10.58 million across 8 funding rounds from investors including Orbita, WISC Partners and Madison Development. The company has 19 employees as of December 31, 2022. WellBe operates in a competitive market with competitors including ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, among others.

  • Headquarter Madison, United States
  • Employees 19 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Wellbe, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.58 M (USD)

    in 8 rounds

  • Latest Funding Round
    $1.21 M (USD), Series A

    Nov 15, 2022

  • Investors
    Orbita

    & 2 more

  • Employee Count
    19

    as on Dec 31, 2022

  • Acquired by
    Orbita

    (Aug 18, 2023)

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People of WellBe

Headcount 10-50
Employee Profiles 1
Board Members and Advisors 3
Board Members and Advisors
people
Michael R. Splinter
Board Member
people
Greg Baldwin
Board Member
people
Mark Bakken
Board Member

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Funding Insights of WellBe

WellBe has successfully raised a total of $10.58M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $1.21 million completed in November 2022. 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.

Investors in WellBe

WellBe has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Orbita, WISC Partners and Madison Development.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
WISC Partners is engaged in providing expansion and acceleration capital.
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Offers affordable workforce housing and gap financing for small businesses.
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Conversational AI virtual assistants for healthcare patient engagement are provided.
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Investor details for WellBe

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Investments & Acquisitions by WellBe

Investments
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Investment portfolio details for WellBe

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  • Transaction dates
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Financial Statements - WellBe

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Detailed financials for WellBe

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Wellbe Comparisons

WellBe Primary company
Description
Cloud-based SaaS platform for patient engagement in healthca...
Location
Madison, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
19
As of 2022
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Peer comparison for WellBe

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Competitors of WellBe

WellBe 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 ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, among others.

Company Name Domain Founded year HQ Location Description
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Provider of patient engagement and prior authorization solutions
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An AI-based conversational platform is provided for healthcare task automation.
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Patient engagement solutions for healthcare providers at point of care
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Provider of data analytics platform to help clinics schedule and allocate resources
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SaaS based tools for patient engagement
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Personalized health management with rewards for goals is facilitated.
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Detailed competitors of WellBe

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Latest news on Wellbe

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Complete news archive for WellBe

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Frequently Asked Questions about WellBe

WellBe was founded in 2009 and raised its 1st funding round 4 years after it was founded.

WellBe is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.

WellBe is a funded company, having raised a total of $10.58M across 8 funding rounds to date.

As of Dec 31, 2022, the latest employee count at WellBe is 19.

Wellbe was founded in 2009 in Madison, United States, within the healthcare sector. A cloud-based SaaS platform is operated to enable providers to engage patients across treatment phases. Support is given to patients for learning and fulfilling actions that lead to improved outcomes. Care teams employ CarePath Automation to oversee to-dos and foster collaboration on progress. On-demand reports are delivered to administrators for oversight.

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

WellBe has 3 investors. Key investors include Orbita, WISC Partners, and Madison Development.

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