About Wellsoft
Wellsoft is a company based in Somerset (United States) founded in 1988 was acquired by Medsphere Systems in February 2019.. The company has 26 employees as of December 31, 2018. Wellsoft operates in a competitive market with competitors including DocuTAP, Edaris Health, Nunetz, MedAppz and Practice Velocity, among others.
- Headquarter Somerset, United States
- Employees 26 as on 31 Dec, 2018
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Wellsoft Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
26
as on Dec 31, 2018
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Acquired by
Medsphere Systems
(Feb 27, 2019)
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Funding Insights of Wellsoft
| 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 Wellsoft
Wellsoft has secured backing from 1 investor. Prominent investors backing the company include Medsphere Systems. 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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Open-source healthcare software is provided by Medsphere Systems.
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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 Wellsoft
| 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 - Wellsoft
| 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 |
Wellsoft Comparisons
Competitors of Wellsoft
Wellsoft 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 DocuTAP, Edaris Health, Nunetz, MedAppz and Practice Velocity, 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 |
EHR, Practice Management and RCM solutions for urgent care practices
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| domain | founded_year | HQ Location |
SaaS-based clinical and documentation solutions are provided for urgent care.
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| domain | founded_year | HQ Location |
Practice management solutions for clinics and ICUs are developed.
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| domain | founded_year | HQ Location |
SaaS based software suite for ambulatory care
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| domain | founded_year | HQ Location |
Offers electronic medical records and patient engagement tools for urgent care.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Wellsoft
Frequently Asked Questions about Wellsoft
When was Wellsoft founded?
Wellsoft was founded in 1988.
Where is Wellsoft located?
Wellsoft is headquartered in Somerset, United States.
How many employees does Wellsoft have?
As of Dec 31, 2018, the latest employee count at Wellsoft is 26.
What does Wellsoft do?
Wellsoft was established in 1988 in Somerset, United States, focusing on healthcare IT for emergency departments. An on-premise EDIS compliant with Meaningful Use standards is offered, incorporating electronic patient records, dynamic color-coded tracking for real-time status updates with filters, clinical documentation, charge and image capture, order management, medication handling, communications, discharge planning, and reporting functions. Operations center on integrated tools for department efficiency.
Who are the top competitors of Wellsoft?
Wellsoft's top competitors include DocuTAP, Edaris Health and MedAppz.
Who are Wellsoft's investors?
Wellsoft has 1 investor. Key investors include Medsphere Systems.