About Wellster Healthtech
Wellster Healthtech is a company based in Munchen (Germany) founded in 2018.. Wellster Healthtech has raised $59.97 million across 2 funding rounds from investors including Dermapharm, Claret Capital Partners and Mangrove Capital Partners. Wellster Healthtech offers products and services including Telemedicine Platform and Health Ecosystem. Wellster Healthtech operates in a competitive market with competitors including Heartland Dental, AOK, Keplr Vision, The Chartis Group and Sterigenics, among others.
- Headquarter Munchen, Germany
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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 Wellster Healthtech Group Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59.97 M (USD)
in 2 rounds
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Latest Funding Round
$19.97 M (USD), Series B
Jan 18, 2022
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Investors
Dermapharm
& 4 more
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Employee Count
Employee Count
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Products & Services of Wellster Healthtech
Wellster Healthtech offers a comprehensive portfolio of products and services, including Telemedicine Platform and Health Ecosystem. 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.
Enables remote medical consultations and treatments for patients
Integrates medical brands for data-based healthcare access
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Funding Insights of Wellster Healthtech
Wellster Healthtech has successfully raised a total of $59.97M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $19.97 million completed in January 2022. 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 B — $20.0M
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First Round
First Round
(21 Jun 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series B - Wellster Healthtech | Valuation | Claret Capital Partners | |
| Jun, 2021 | Amount | Series B - Wellster Healthtech | Valuation | Dermapharm |
| 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 Wellster Healthtech
Wellster Healthtech has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Dermapharm, Claret Capital Partners and Mangrove Capital 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward tech sectors.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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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 Wellster Healthtech
| 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 - Wellster Healthtech
| 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 |
Wellster Healthtech Comparisons
Competitors of Wellster Healthtech
Wellster Healthtech 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 Heartland Dental, AOK, Keplr Vision, The Chartis Group and Sterigenics, 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 |
Provider of healthcare consulting services
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| domain | founded_year | HQ Location |
Medical insurance services for patients and employees are provided.
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| domain | founded_year | HQ Location |
Business support and supply chain management services are offered.
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| domain | founded_year | HQ Location |
Advisory services are offered to U.S. healthcare providers.
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| domain | founded_year | HQ Location |
Provider of comprehensive sterilization solutions and expert consulting services
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| domain | founded_year | HQ Location |
Contract manufacturing is provided for life sciences and diagnostics reagents.
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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 Wellster Healthtech
Frequently Asked Questions about Wellster Healthtech
When was Wellster Healthtech founded?
Wellster Healthtech was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Wellster Healthtech located?
Wellster Healthtech is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is Wellster Healthtech a funded company?
Wellster Healthtech is a funded company, having raised a total of $59.97M across 2 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Jun 21, 2021.
What does Wellster Healthtech do?
Wellster Healthtech was founded in 2018 and is headquartered in Munich, Germany. Medical advisory services are offered through the platform at wellsterhealth.com. Operations focus on the health technology sector, where guidance on medical matters is delivered to users. Services encompass advisory support for healthcare queries, with activities centered in Europe. The company maintains a presence in digital health solutions without expanding into unrelated areas.
Who are the top competitors of Wellster Healthtech?
Wellster Healthtech's top competitors include Qualicorp, Heartland Dental and Argonautms.
What products or services does Wellster Healthtech offer?
Wellster Healthtech offers Telemedicine Platform and Health Ecosystem.
Who are Wellster Healthtech's investors?
Wellster Healthtech has 5 investors. Key investors include Dermapharm, Claret Capital Partners, Mangrove Capital Partners, HV Capital, and SevenVentures.
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