Wellcentive

Alpharetta, United States Founded: 2005 • Age: 21 yrs Acquired By Philips
Providing cloud-based population health management and data analytic solutions for HCOs
Annual revenue - Latest available
Total funding $18.5M 4 rounds
Employees 106 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Wellcentive

Wellcentive is a company based in Alpharetta (United States) founded in 2005 was acquired by Philips in July 2016. Wellcentive has raised $18.48 million across 4 funding rounds from investors including Philips, Harbert Management and Summit Partners. The company has 106 employees as of December 31, 2022. Wellcentive operates in a competitive market with competitors including Aledade, Lumeris, Arcadia, Aetion and Evolent, among others.

  • Headquarter Alpharetta, United States
  • Employees 106 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Wellcentive 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
    $18.48 M (USD)

    in 4 rounds

  • Latest Funding Round
    $12 M (USD), Series B

    Apr 24, 2014

  • Investors
    Philips

    & 3 more

  • Employee Count
    106

    as on Dec 31, 2022

  • Acquired by
    Philips

    (Jul 20, 2016)

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Funding Insights of Wellcentive

Wellcentive has successfully raised a total of $18.48M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $12 million completed in April 2014. 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 Wellcentive

Wellcentive has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Philips, Harbert Management and Summit Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Summit Partners is recognized as a growth equity investment firm.
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Tech and Life Sciences focused VC firm investing in the US
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Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
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Investor details for Wellcentive

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Investments & Acquisitions by Wellcentive

Investments
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Investment portfolio details for Wellcentive

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Financial Statements - Wellcentive

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Detailed financials for Wellcentive

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Wellcentive Comparisons

Wellcentive Primary company
Description
Providing cloud-based population health management and data ...
Location
Alpharetta, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
106
As of 2022
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Peer comparison for Wellcentive

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Competitors of Wellcentive

Wellcentive 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 Aledade, Lumeris, Arcadia, Aetion and Evolent, among others.

Company Name Domain Founded year HQ Location Description
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Primary care physician platform for patient care delivery is provided.
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Lumeris offers population management and accountable care solutions
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AI-based healthcare data analytics platform is provided for organizations.
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Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population
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Intelligent solutions for complex health conditions are delivered through partnerships.
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Healthcare providers are supported in shifting to value-based care models.
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Detailed competitors of Wellcentive

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Latest news on Wellcentive

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Complete news archive for Wellcentive

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Frequently Asked Questions about Wellcentive

Wellcentive was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Wellcentive is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.

Wellcentive is a funded company, having raised a total of $18.48M across 4 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Wellcentive is 106.

Wellcentive offers Wellcentive Advance, a healthcare intelligence cloud-based solution suite that provides solutions including population management, clinical decision support, care management, accountable care, chronic care management, clinical integration, enterprise-wide insights, quality-based reimbursement; and solutions for reducing avoidable hospital readmissions. The company also offers Advance Outcomes Manager, a solution that empowers physicians and their organizations to improve clinical and financial outcomes.

Wellcentive's top competitors include Aledade, Arcadia and Lumeris.

Wellcentive has 4 investors. Key investors include Philips, Harbert Management, Summit Partners, and Noro-Moseley Partners.

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