Welltok

Denver, United States Founded: 2009 • Age: 17 yrs Acquired By Virgin Pulse
Cloud-based employee wellness platform is provided for analytics and engagement.
Annual revenue - Latest available
Total funding $311.7M 16 rounds
Employees 305 Tracked headcount
Investors 22 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Welltok

Welltok is a company based in Denver (United States) founded in 2009 by Scott Rotermund was acquired by Virgin Pulse in November 2021. Welltok has raised $311.71 million across 16 funding rounds from investors including Qualcomm, IBM and SVB. The company has 305 employees as of December 31, 2020. Welltok has completed 9 acquisitions, including IncentOne, Keas and Mindbloom. Welltok offers products and services including Consumer Activation Platform and MoveIt Event. Welltok operates in a competitive market with competitors including Hinge Health, Practo, Accolade, Magellan Health and Sharecare, among others.

  • Headquarter Denver, United States
  • Employees 305 as on 31 Dec, 2020
  • Founders Scott Rotermund
  • Sectors
    Technology
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $311.71 M (USD)

    in 16 rounds

  • Latest Funding Round
    $17.38 M (USD), Series E

    Apr 15, 2021

  • Investors
    Qualcomm

    & 21 more

  • Employee Count
    305

    as on Dec 31, 2020

  • Investments & Acquisitions
    IncentOne

    & 8 more

  • Acquired by
    Virgin Pulse

    (Nov 10, 2021)

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Products & Services of Welltok

Welltok offers a comprehensive portfolio of products and services, including Consumer Activation Platform and MoveIt Event.

Product name locked
Category locked
Primary

Platform for connecting consumers to personalized health resources in healthcare.

Product name locked
Category locked
Locked

Event focused on health initiatives and wellbeing resources.

People of Welltok

Headcount 200-500
Employee Profiles 9
Employee Profiles
People
David MacLeod
Chief Information Officer & CISO
People
Mark Troutfetter
SVP, Product Development
People
Matt Hibbard
Chief Financial Officer
People
Bob Fabbio
CEO

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Funding Insights of Welltok

Welltok has successfully raised a total of $311.71M across 16 strategic funding rounds. The most recent funding activity was a Series E round of $17.38 million completed in April 2021. 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.

Investors in Welltok

Welltok has secured backing from 22 investors, including institutional and venture fund investors. Prominent investors backing the company include Qualcomm, IBM and SVB.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments are offered to startups by NEA.
Locked Locked Locked
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
Locked Locked Locked
Venture capital is provided to expanding B2B software companies.
Locked Locked Locked
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Investor details for Welltok

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Welltok

Welltok has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include IncentOne, Keas and Mindbloom.

Investments
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Investment portfolio details for Welltok

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  • Portfolio identities
  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Analytical solutions and technology services are provided for healthcare providers.
Locked Locked 2011 Locked
SaaS platform for healthcare marketing and analytics is provided.
Locked Locked 2011 Locked
A gamified program is offered to promote children's physical activity.
Locked Locked 2010 Locked
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Complete acquisition details for Welltok

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Welltok

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Detailed financials for Welltok

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Welltok Comparisons

Welltok Primary company
Description
Cloud-based employee wellness platform is provided for analy...
Location
Denver, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
305
As of 2020
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Peer comparison for Welltok

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Competitors of Welltok

Welltok 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, Practo, Accolade, Magellan Health and Sharecare, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Virtual physical therapy and digital pain care solutions are provided.
Locked Locked Locked
Doctor appointments are booked and healthcare professionals are consulted online.
Locked Locked Locked
Employee health benefits are facilitated via a cloud-based platform.
Locked Locked Locked
Behavioral healthcare management and pharmacy services are provided for employees.
Locked Locked Locked
Health and wellness social network for employees is provided.
Locked Locked Locked
Employee health and well-being solutions are delivered through a platform.
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Detailed competitors of Welltok

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Welltok

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Complete news archive for Welltok

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Welltok

Welltok was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Welltok is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Chris Michalak is the current CEO of Welltok.

Welltok is a funded company, having raised a total of $311.71M across 16 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Welltok is 305.

Welltok was founded in 2009 and is headquartered in Denver, United States, within the health technology sector. A cloud-based platform is operated to support employee wellbeing through data collection and machine-learning analytics. Employees are engaged via personalized insights and rewards, with features such as a clinical database integrated for comprehensive health management across organizations.

Welltok's top competitors include Accolade, Hinge Health and Wellhub.

Welltok offers Consumer Activation Platform and MoveIt Event.

Welltok has made 9 acquisitions, including IncentOne, Keas, and Mindbloom.

Welltok has 22 investors. Key investors include Qualcomm, IBM, SVB, Ziff Davis, and Bessemer Venture Partners.

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