About Wellhub
Wellhub is a company based in New York (United States) founded in 2012 by Cesar Carvalho.. Wellhub has raised $85 million across 2 funding rounds from investors including EQT, General Atlantic and Neuberger Berman. Wellhub has completed 4 acquisitions, including 7Card, Fitprime and Gymadvisor. Wellhub offers products and services including Wellness Plans and Wellhub App. Wellhub operates in a competitive market with competitors including Hinge Health, ClassPass, Accolade, Sharecare and Betterfly, among others.
- Headquarter New York, United States
- Founders Cesar Carvalho
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Sectors
HealthcareTechnology Business Services
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Phone
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Website
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Social
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- Legal Name Gympass Us, Llc
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Products & Services of Wellhub
Wellhub offers a comprehensive portfolio of products and services, including Wellness Plans and Wellhub App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides access to fitness and health resources for employees
Enables booking of gyms and tracking of wellbeing activities
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Software Development Team
54 people
Sales and Marketing
48 people
Product Management Team
21 people
Leadership Team
16 people
Finance and Accounting
9 people
Operations Team
8 people
Human Resources and Administration
7 people
Creative and Marketing Team
6 people
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Funding Insights of Wellhub
Wellhub has successfully raised a total of $85M across 2 strategic funding rounds. The most recent funding activity was a Series F round of $85 million completed in August 2023. 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 2
- Last Round Series F — $85.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2023 | Amount | Series F - Wellhub | Valuation | EQT , General Atlantic | |
| Jun, 2021 | Amount | Series E - Wellhub | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Wellhub
Wellhub has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT, General Atlantic and Neuberger Berman. 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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EQT is recognized as a global investment organization focused on value creation.
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Secondary market fund focused on LP and direct secondary transactions
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Private equity fund focused on global markets
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Wellhub
Wellhub has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 7Card, Fitprime and Gymadvisor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Membership marketplace for fitness classes across multiple gyms is operated.
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2016 | ||||
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Membership-based online marketplace for booking fitness classes.
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2013 | ||||
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Subscription-based marketplace for sports and fitness venues is offered.
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2012 |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Wellhub
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Wellhub Comparisons
Competitors of Wellhub
Wellhub 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, ClassPass, Accolade, Sharecare and Betterfly, 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 |
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| domain | founded_year | HQ Location |
Virtual physical therapy and digital pain care solutions are provided.
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Fitness class memberships are offered across various gyms and studios.
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| domain | founded_year | HQ Location |
Employee health benefits are facilitated via a cloud-based platform.
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Health and wellness social network for employees is provided.
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Employee health and well-being solutions are delivered through a platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wellhub
Frequently Asked Questions about Wellhub
When was Wellhub founded?
Wellhub was founded in 2012 and raised its 1st funding round 9 years after it was founded.
Where is Wellhub located?
Wellhub is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Wellhub?
Cesar Carvalho is the current CEO of Wellhub. They have also founded this company.
Is Wellhub a funded company?
Wellhub is a funded company, having raised a total of $85M across 2 funding rounds to date.
What does Wellhub do?
Wellhub was founded in 2012 in New York, United States, and operates in the corporate wellness sector. A cloud-based subscription service is provided to connect employees with resources for fitness, mindfulness, therapy, nutrition, and sleep. Access to a community focused on wellbeing is facilitated, supporting overall employee health and retention through various digital tools and options.
Who are the top competitors of Wellhub?
Wellhub's top competitors include Accolade, ClassPass and Hinge Health.
What products or services does Wellhub offer?
Wellhub offers Wellness Plans and Wellhub App.
How many acquisitions has Wellhub made?
Wellhub has made 4 acquisitions, including 7Card, Fitprime, and Gymadvisor.
Who are Wellhub's investors?
Wellhub has 4 investors. Key investors include EQT, General Atlantic, Neuberger Berman, and Moore Strategic Ventures.
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