About Welvie
Welvie is a Healthcare company based in Chicago (United States) founded in 2001, and was acquired by Paradigm in January 2023. Provider of surgery decision-making program for patients. Its chief executive, as recorded, is Chip Tooke. Its website welvie.com draws about 36 thousand monthly visits. Its focus areas include HealthTech, Healthcare Payer Tech, Member Management and Member Engagement.
Company details
Welvie was founded in 2001 in Chicago, United States, within the healthcare sector. Personalized interactive curricula are offered to support shared decision-making between patients and physicians for preference-sensitive surgeries. Services are delivered to payers including health plans, employers, and insurers across Medicare Advantage, commercial, self-funded, and Med Supp lines. Operations emphasize patient education and engagement in surgical choices.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsHealthcare
- Website category Finance · Banking Credit and Lending
- Website welvie.com
- Social LinkedIn
- Acquired by Paradigm (Jan 2023)
- Latest Funding Round$6.77M (USD), Grant
Jun 2012
- InvestorsParadigm Corp
& 1 more
- Acquired byParadigm
(Jan 2023)
Funding Insights of Welvie
- Total Rounds 1
- Last Round Grant — $6.77M
- First Round $6.77M
(Jun 2012)
- Investors Count 1
All 1 funding rounds of Welvie 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 |
|---|---|---|---|---|---|
| Jun 2012 | $6.77M | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Welvie
Welvie has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Paradigm Corp and HHS.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| hhs.gov | ||||
Provider of medical case management services | 1991 | paradigmcorp.com | Walnut Creek, United States |
Investor details for Welvie
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Welvie
7 people are tracked at Welvie (6 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Chip Tooke | CEO | Leadership |
Mark Torsberg | Senior Vice President | Leadership |
Tom McDonnell | Sr. Vice President, Sales | Leadership |
Doug Kronenberg | Chief Strategy Officer | Leadership |
Craig Klasic | VP Marketing | Leadership |
James Blendell Jr. | VP Of Operations | Leadership |
Christopher Meads | Customer Service Team Lead | Team |
Complete people profiles for Welvie
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Welvie
3 dated milestones of Welvie across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Welvie is founded.
- Funding First funding round of $6.8M.
- Exit Acquired by Paradigm.
Web traffic of Welvie
The website of Welvie (welvie.com) receives about 35.8K visits a month and ranks #211,364 among all websites worldwide, #3,283 in Banking Credit and Lending.
- Monthly visits35.8K
▼ 46.8% vs previous month
- Unique visitors27.1K
per month
- Global rank#211,364
among all websites
- Category rank#3,283
Finance · Banking Credit and Lending
- Bounce rate28%
- Pages per visit24.2
- Average visit7 min 46 sec
- DevicesDesktop 23% · Mobile 77%
Websites whose visitors overlap most with Welvie. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Welvie (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Welvie
Complete news archive for Welvie
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Frequently Asked Questions about Welvie
Welvie was founded in 2001 and raised its 1st funding round 11 years after it was founded.
Welvie is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Chip Tooke is the CEO of Welvie, as recorded in our data.
Welvie was founded in 2001 in Chicago, United States, within the healthcare sector. Personalized interactive curricula are offered to support shared decision-making between patients and physicians for preference-sensitive surgeries. Services are delivered to payers including health plans, employers, and insurers across Medicare Advantage, commercial, self-funded, and Med Supp lines. Operations emphasize patient education and engagement in surgical choices.
Welvie has 2 investors. Key investors include Paradigm Corp, and HHS.
Yes. Welvie was acquired by Paradigm in January 2023.