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
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Sectors
Healthcare
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Phone
*********
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Website
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- Legal Name Wellcentive Inc.
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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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $12.0M
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First Round
First Round
(21 Jun 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2014 | Amount | Series B - Wellcentive | Valuation | Summit Partners | |
| Jul, 2013 | Amount | Series A - Wellcentive | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Wellcentive | Valuation |
investors |
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| 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 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. 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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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location | |
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Tech and Life Sciences focused VC firm investing in the US
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Founded Year | Domain | Location | |
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Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
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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 Wellcentive
| 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 - Wellcentive
| 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 |
Wellcentive Comparisons
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. 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 |
Primary care physician platform for patient care delivery is provided.
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| domain | founded_year | HQ Location |
Lumeris offers population management and accountable care solutions
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| domain | founded_year | HQ Location |
AI-based healthcare data analytics platform is provided for organizations.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Intelligent solutions for complex health conditions are delivered through partnerships.
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| domain | founded_year | HQ Location |
Healthcare providers are supported in shifting to value-based care models.
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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 Wellcentive
When was Wellcentive founded?
Wellcentive was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Wellcentive located?
Wellcentive is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
Is Wellcentive a funded company?
Wellcentive is a funded company, having raised a total of $18.48M across 4 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Jun 21, 2011.
How many employees does Wellcentive have?
As of Dec 31, 2022, the latest employee count at Wellcentive is 106.
What does Wellcentive do?
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.
Who are the top competitors of Wellcentive?
Who are Wellcentive's investors?
Wellcentive has 4 investors. Key investors include Philips, Harbert Management, Summit Partners, and Noro-Moseley Partners.
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