About Wellx
Wellx is a company based in Dubai (United Arab Emirates) founded in 2021 by Vaibhav Kashyap and Javed Akberali. Wellx has raised $2 million across 2 funding rounds from investors including Plug and Play Tech Center, Dubai Future District Fund and DASH Ventures. Wellx offers products and services including Wellx Mobile App and WHOOP 4.0 Integration. Wellx operates in a competitive market with competitors including Binah.ai, Assured Allies, Benekiva, Benefits Science and Life.io, among others.
- Headquarter Dubai, United Arab Emirates
- Founders Vaibhav Kashyap, Javed Akberali
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Sectors
Financial Services
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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 Wellxai Technologies Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Jul 26, 2023
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Investors
Plug and Play Tech Center
& 9 more
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Employee Count
Not available
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Products & Services of Wellx
Wellx offers a comprehensive portfolio of products and services, including Wellx Mobile App and WHOOP 4.0 Integration.
App for monitoring health data and participating in rewards-based challenges.
Platform integration for tracking sleep and activity to support wellbeing programs.
People of Wellx
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Funding Insights of Wellx
Wellx has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in July 2023. 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 Wellx
Wellx has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Dubai Future District Fund and DASH Ventures.
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Early-stage venture capital investments are provided by DASH Ventures.
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Venture capital and acceleration are provided to tech startups.
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Private equity and funds of funds focused on early to mature stage companies and multiple funds
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Investor details for Wellx
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Investments & Acquisitions by Wellx
Investment portfolio details for Wellx
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Financial Statements - Wellx
Detailed financials for Wellx
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Wellx Comparisons
Peer comparison for Wellx
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Competitors of Wellx
Wellx 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 Binah.ai, Assured Allies, Benekiva, Benefits Science and Life.io, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of a video-based health and wellness monitoring system
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Predictive solutions are offered for policyholders' aging journeys.
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Cloud-based platform for life insurance claims management is operated.
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Cloud-based cost containment solutions are delivered to healthcare providers.
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Health insights and behaviors are monitored via a reward-based platform.
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Detailed competitors of Wellx
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Latest news on Wellx
Complete news archive for Wellx
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Frequently Asked Questions about Wellx
Wellx was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Wellx is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Vaibhav Kashyap is the current CEO of Wellx. They have also founded this company.
Wellx is a funded company, having raised a total of $2M across 2 funding rounds to date.
Wellx was established in 2021 in Dubai, United Arab Emirates. Healthcare insurance plans and cashback services are offered by the company in the healthcare sector. Operations are centered on insurance coverage and reward-based incentives for users. The firm is co-founded by Vaibhav Kashyap, who serves as CEO, and Javed Akberali. Services are delivered through the domain wellxai.com, targeting regional markets.
Wellx's top competitors include Benekiva, Assured Allies and Remedinet Technologies.
Wellx offers Wellx Mobile App and WHOOP 4.0 Integration.
Wellx has 10 investors. Key investors include Plug and Play Tech Center, Dubai Future District Fund, DASH Ventures, 500 Global, and Sanabil.