About Well.ca
Well.ca is a company based in Guelph (Canada) founded in 2008 was acquired by Birch Hill Equity Partners in September 2024.. Well.ca has raised $8.33 million across 5 funding rounds from investors including Birch Hill Equity Partners, Inovia Capital and Thunder Road Capital. Well.ca operates in a competitive market with competitors including Felix, CCA Industries, Chatters, Sinclair Dental and My Lil’ Healthbot, among others.
- Headquarter Guelph, Canada
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.33 M (USD)
in 5 rounds
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Latest Funding Round
$4.93 M (USD), Series C
Apr 05, 2013
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Investors
Birch Hill Equity Partners
& 8 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Well.ca
Well.ca has successfully raised a total of $8.33M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $4.93 million completed in April 2013. 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 C — $4.9M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Series C - Well.ca | Valuation |
investors |
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| Dec, 2012 | Amount | Debt – Conventional - Well.ca | Valuation |
investors |
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| Jul, 2009 | Amount | Series A - Well.ca | 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.ca
Well.ca has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Birch Hill Equity Partners, Inovia Capital and Thunder Road Capital. 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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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Angel investment network based in Toronto supporting Canadian startups.
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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.ca
| 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.ca
| 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.Ca Comparisons
Competitors of Well.ca
Well.ca 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 Felix, CCA Industries, Chatters, Sinclair Dental and My Lil’ Healthbot, 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 |
Medicines are ordered online and delivered to doorsteps through Felix.
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| domain | founded_year | HQ Location |
Multi-category beauty products are retailed through an online platform.
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| domain | founded_year | HQ Location |
Chain of hair salon & beauty care products stores
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| domain | founded_year | HQ Location |
Online pharmacy for the purchase of drugs and medical equipment
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| domain | founded_year | HQ Location |
Medicines and health products are ordered via digital health bots.
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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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Latest news on Well.Ca
Frequently Asked Questions about Well.ca
When was Well.ca founded?
Well.ca was founded in 2008.
Where is Well.ca located?
Well.ca is headquartered in Guelph, Canada. It is registered at Guelph, Ontario, Canada.
Is Well.ca a funded company?
Well.ca is a funded company, having raised a total of $8.33M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.1M, raised on Apr 01, 2008.
What does Well.ca do?
Well.ca was founded in 2008 in Guelph, Canada, as an e-commerce platform focused on health, home, baby, and beauty sectors. Over 50,000 products from more than 3,000 brands are offered, with emphasis on green and natural items. Operations include nationwide delivery services, serving as a key online retailer in the Canadian market for personal care and household essentials.
Who are the top competitors of Well.ca?
Well.ca's top competitors include Felix, CCA Industries and Chatters.
Who are Well.ca's investors?
Well.ca has 9 investors. Key investors include Birch Hill Equity Partners, Inovia Capital, Thunder Road Capital, Matt Mullenweg, and Jeff Fluhr.
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