About Wello
Wello is a company based in Calgary (Canada) founded in 2017 was acquired by Maple in January 2022.. Wello offers products and services including Maple App, Online Prescriptions, and Health Screenings. Wello operates in a competitive market with competitors including Maple, Optimity, Tictrac, Akira and CoreHealth, among others.
- Headquarter Calgary, Canada
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Sectors
TechnologyHealthcare
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Products & Services of Wello
Wello offers a comprehensive portfolio of products and services, including Maple App, Online Prescriptions, and Health Screenings. 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.
App for 24/7 online doctor consultations and prescriptions.
Service for obtaining prescriptions through virtual visits.
Tools for personalized health assessments and recommendations.
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Funding Insights of Wello
| 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 |
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 Wello
Wello has secured backing from 1 investor. Prominent investors backing the company include Maple. 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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Remote doctor consultations are offered via on-demand video conferencing.
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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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Investments & Acquisitions by Wello
| 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 - Wello
| 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 |
Wello Comparisons
Competitors of Wello
Wello 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 Maple, Optimity, Tictrac, Akira and CoreHealth, 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 |
Remote doctor consultations are offered via on-demand video conferencing.
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Employee wellness benefits solutions are provided for enterprises.
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Digital health platforms are provided for employer wellness programs.
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Provider of on-demand virtual care services for employees
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Corporate wellness platform
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Q & A Platform for patients
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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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| domain | founded_year | HQ Location |
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 Wello
Frequently Asked Questions about Wello
When was Wello founded?
Wello was founded in 2017.
Where is Wello located?
Wello is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Wello?
Vince Danielsen is the current CEO of Wello.
What does Wello do?
Wello is an online platform offering wellness programs. The platform offers healthcare benefit programs for employees. The employees can save on medical costs, stress relief, lifestyle plans, wellness programs, remote care monitoring, etc. The platform offers individuals and families telemedicine services. The users can obtain answers to health issues by teleconsulting with a nurse practitioner via video calls. The nurse practitioner provides health advice, treatment options or prescriptions for the health issue. The platform also offers the users a health record portal to store and share medical, records, lab test results, health data, etc. The user can subscribe for monthly or single visit plans.
What products or services does Wello offer?
Wello offers Maple App, Online Prescriptions, and Health Screenings.
Who are Wello's investors?
Wello has 1 investor. Key investors include Maple.