About Welltok
Welltok is a Technology company based in Denver (United States) founded in 2009 by Scott Rotermund, and was acquired by Virgin Pulse in November 2021. Cloud-based employee wellness platform is provided for analytics and engagement. It operates in the Technology and Healthcare sectors. Welltok has raised $311.71 million across 16 funding rounds from investors including Qualcomm, IBM and SVB. The company has 305 employees. Welltok has completed 9 acquisitions, including IncentOne, Keas and Mindbloom. Its chief executive, as recorded, is Chris Michalak. Welltok offers products and services including Consumer Activation Platform and MoveIt Event. Its focus areas include Enterprise Applications, HRTech, Employee Benefits and Health Benefits. Its competitors include Hinge Health, Accolade and Magellan Health; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Denver, United States
- Employees 305
- Founders Scott Rotermund
- Stage Acquired
- SectorsTechnologyHealthcare
- Email••••••••
- Phone•••• ••••
- Website welltok.com
- Social LinkedIn X Facebook
- Acquired by Virgin Pulse (Nov 2021)
- Total Equity Funding$311.71M (USD)
in 16 rounds
- Latest Funding Round$17.38M (USD), Series E
Apr 2021
- InvestorsQualcomm
& 21 more
- Employee Count305
- Investments & AcquisitionsIncentOne
& 8 more
- Acquired byVirgin Pulse
(Nov 2021)
Products & Services of Welltok
Welltok offers a comprehensive portfolio of products and services, including Consumer Activation Platform and MoveIt Event.
Platform for connecting consumers to personalized health resources in healthcare.
Event focused on health initiatives and wellbeing resources.
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.
- Total Funding $311.71M
- Total Rounds 16
- Last Round Series E — $17.38M
- First Round $4.98M
(Aug 2011)
- Investors Count 21
Latest 10 of 16 funding rounds of Welltok with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $17.38M | Series E | – | – | – |
| Jul 2020 | $10.44M | Series E | – | – | – |
| Aug 2018 | $13.29M | Series E | – | – | – |
| Apr 2018 | $75.55M | Series E | – | Future Fund, Ziff Davis | |
| Oct 2016 | $13M | Debt – Conventional | – | – | |
| Oct 2016 | $43.54M | Series E | – | New Enterprise Associates, Bessemer Venture Partners | – |
| Dec 2015 | $45M | Series E | – | EDBI, Flare Capital Partners | – |
| May 2015 | $21.34M | Series D | – | – | |
| Oct 2014 | $37M | Series D | – | Hearst, Catholic Health Initiatives | |
| Feb 2014 | $163,510 | Series C | – | – | – |
22 investors in total: 22 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital is provided to expanding B2B software companies. | 2008 | georgian.io | Toronto, Canada | |
Tech focused Early and growth stage VC firm investing in the US | emcap.com | San Francisco, United States | ||
Early-stage investing in IT and healthcare ventures. | interwest.com | |||
Early-stage VC investments are made in US, Canada, and Asia. | sigmapartners.com | Danville, United States | ||
VC firm investing in expansion stage tech and life sciences companies in the US | hlmvp.com | Waltham, United States | ||
Early-stage tech startups are funded by this venture capital firm. | flarecapital.com | Boston, United States | ||
US focused VC investment company | okapivc.com | Newport Beach, United States | ||
Seed and early-stage US investments are targeted by the fund. | miramarvp.com | Newport Beach, United States |
Investor details for Welltok
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of Welltok
11 people are tracked at Welltok (9 in leadership, 2 in team); the tracked headcount is 305.
| Name | Role | Group |
|---|---|---|
Scott Rotermund | Co-Founder | Leadership |
Chris Michalak | CEO | Leadership |
David MacLeod | Chief Information Officer & CISO | Leadership |
Matt Hibbard | Chief Financial Officer | Leadership |
Bob Fabbio | CEO | Leadership |
Chaz Hinkle | SVP, Chief People Officer | Leadership |
April Gill | Chief Strategy Officer | Leadership |
Erica Morgenstern | Chief Communications Officer | Leadership |
James Sullivan | Chief Administrative Officer | Leadership |
Mark Troutfetter | SVP, Product Development | Team |
Travis Skidmore | SVP, Client Services | Team |
Complete people profiles for Welltok
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Investments & Acquisitions by Welltok
Welltok has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include IncentOne, Keas and Mindbloom.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automated care plans and patient-provider communication are facilitated. | wellpass.com | New York, United States | 1999 | Sep 2018 | •••• | |
SaaS platform for healthcare marketing and analytics is provided. | tealeaveshealth.com | Roswell, United States | 2011 | Oct 2017 | $80.8M | |
Corporate wellness programs are facilitated through gamified health initiatives. | keas.com | San Francisco, United States | 2008 | Jun 2016 | •••• | |
IT consulting services are provided by Silverlink to Brazilian clients. | silverlink.com.br | Brazil | 2002 | Dec 2015 | •••• | |
Healthcare engagement solutions are delivered using technology and behavior sciences. | silverlink.com | Boston, United States | 2002 | Nov 2015 | •••• | |
A gamified program is offered to promote children's physical activity. | zamzee.com | Redwood, United States | 2010 | Oct 2015 | •••• | |
Analytical solutions and technology services are provided for healthcare providers. | predilytics.com | Denver, United States | 2011 | May 2015 | •••• | |
Life Improvement Engagement Platform | mindbloom.com | Seattle, United States | 2008 | Mar 2014 | •••• | |
Incentive solutions are delivered to healthcare providers, employers, and payers. | incentone.com | Lyndhurst, United States | 1998 | Oct 2013 | •••• |
Complete acquisition details for Welltok
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Complete history
- Exports
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Timeline of Welltok
13 dated milestones of Welltok across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Welltok is founded.
- Funding First funding round of $5.0M.
- Acquisition Acquires IncentOne.
- Acquisition Acquires Mindbloom.
- Acquisition Acquires Predilytics.
- Acquisition Acquires Zamzee.
- Acquisition Acquires Silverlink.
- Acquisition Acquires silverlink.com.br.
- Acquisition Acquires Keas.
- Acquisition Acquires Tea Leaves Health.
- Acquisition Acquires Wellpass.
- Funding Latest funding round, Series E, of $17.4M.
- Exit Acquired by Virgin Pulse.
Competitors of Welltok
Welltok has 3 listed competitors in our database, 3 of them funded. They include Hinge Health, Accolade and Magellan Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hingehealth.com | 2015 | San Francisco, United States | $854.44M | 1,442 | Virtual physical therapy and digital pain care solutions are provided. | |
| accolade.com | 2007 | Plymouth Meeting, United States | $228.3M | Employee health benefits are facilitated via a cloud-based platform. | ||
| magellanhealth.com | 1969 | Scottsdale, United States | $101M | 10,506 | Behavioral healthcare management and pharmacy services are provided for employees. |
Detailed competitors of Welltok
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- Full competitor set
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Web traffic of Welltok
The website of Welltok (welltok.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▼ 60% vs previous month
Websites whose visitors overlap most with Welltok. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wellframe.com | 100% | 44.6K | #737,648 | View details | |
| startuphealth.com | 100% | 17.6K | #1,333,036 | View details | |
| healthloop.com | 100% | View details | |||
| itriagehealth.com | 100% | View details | |||
| mindbloom.com | 61% | 165.9K | #170,311 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Welltok
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as Welltok (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Welltok
Complete news archive for Welltok
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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 CEO of Welltok, as recorded in our data.
Welltok is a funded company, having raised a total of $311.71M across 16 funding rounds to date. The company's 1st funding round was a Series C of $163.51K, raised on Aug 2011.
Welltok has 305 employees.
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 Magellan Health.
Welltok offers Consumer Activation Platform and MoveIt Event.
Welltok has 22 investors. Key investors include Qualcomm, IBM, SVB, Ziff Davis, and Bessemer Venture Partners.
Yes. Welltok was acquired by Virgin Pulse in November 2021.