Waymark

Waymark

Community-based Medicaid care coordination and navigation

About Waymark

Simplify's Rating
Why Waymark is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Social Impact

Healthcare

Company Size

51-200

Company Stage

Early VC

Total Funding

$87M

Headquarters

San Francisco, California

Founded

2021

Overview

Waymark Care connects Medicaid patients with local, on-the-ground care teams that include community health workers, therapists, pharmacists, and care coordinators to provide comprehensive care. Its product works by embedding care teams in the patient’s community, helping patients navigate healthcare, coordinate appointments, manage prescriptions, and access additional needs like food, housing, and transportation. The company earns revenue through partnerships with health plans and primary care providers, allowing services to be offered at no cost to patients. As a public benefit corporation, Waymark Care is legally bound to consider patient, community, and public impact in its decisions. Overall, Waymark Care aims to improve access to quality healthcare for Medicaid patients through community-based, patient-centered care.

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Simplify's Take

What believers are saying

  • $42M funding scales tech-enabled care for 60,000 Medicaid patients in Washington and Virginia.
  • Sentara Health Plans partnership expands services in Richmond and Hampton Roads.
  • NEJM Catalyst study shows 22.9% reduction in hospital and ED visits.

What critics are saying

  • Sentara terminates Virginia partnership after failing to replicate 22.9% ED reduction.
  • Innovaccer licenses similar 90% accurate ML tech to MCOs at lower cost.
  • Ohio mandates in-house CHWs, canceling Waymark's outsourced contracts.

What makes Waymark unique

  • Waymark Signal predicts high-risk pregnancies 55 days earlier with 89% accuracy.
  • Signal achieves 90% accuracy in predicting avoidable ER visits, outperforming traditional models.
  • Community-based teams integrate CHWs, therapists, and pharmacists for localized Medicaid care.

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Funding

Total Funding

$87M

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Stock Options

Paid Vacation

Paid Holidays

Parental Leave

401(k) Retirement Plan

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

0%
The Associated Press
Jan 26th, 2026
Waymark predicts high-risk pregnancies 55 days earlier with 89% accuracy

Waymark has published peer-reviewed research in Nature's npj Digital Public Health showing its Signal for Maternity Risks technology predicts adverse pregnancy outcomes for Medicaid patients with 89% accuracy, identifying high-risk pregnancies 55 days earlier than traditional methods. The study analysed data from 190,698 Medicaid-enrolled pregnant women across 26 states and Washington DC. By combining clinical data with social determinants of health, including healthcare workforce availability and distance to obstetric care, the model achieved 89.4% accuracy in predicting complications such as preterm birth and severe maternal morbidity. Significantly, the technology eliminated algorithmic bias, achieving equivalent performance for Black and White patients. The early detection window allows care teams to deploy community-based support before complications develop, addressing a critical gap in Medicaid care where nearly half of all US births occur.

Waymark
Dec 9th, 2025
Waymark Receives Second Annual Great Place to Work(R) Certification

Waymark receives second annual Great Place to Work(R) certification. Waymark Waymark has officially been re-certified as a Great Place to Work(R), which recognizes employers who create an employee experience where individuals feel valued and engaged. Based on employee feedback and an independent analysis to determine final scoring, 99% of employees said they were made to feel welcome when they joined Waymark, and 94% of employees feel a sense of pride in the work Waymark does in service to its partners and communities. Moreover, 90% of Waymark employees agree that Waymark is a great place to work - 33% higher than the national average. "Achieving this certification for the second year in a row is a testament to the remarkable environment we've collaboratively built at Waymark," said Afia Asamoah, Waymark's co-founder, General Counsel, and Head of People. "Our Great Place to Work certification demonstrates that our culture is a driver of the incredible results our teams drive for our partners and patients." As a public benefit company, Waymark is honored to celebrate this news, and are committed to upholding what this certification represents - especially as Waymark continue to build a welcoming and value-driven culture in service to the communities in which Waymark deliver care.

TV Tech
May 28th, 2025
Michael Tuminello Joins Waymark as Director of Product

Michael Tuminello joins Waymark as director of product.

PharmiWeb.com
Apr 24th, 2025
Waymark Announces Partnership With Sentara Health Plans To Improve Medicaid Care Delivery In Virginia

New partnership will expand access to community-based care for Medicaid members in Richmond and Hampton Roads communitiesSAN FRANCISCO, CALIFORNIA / ACCESS Newswire / April 24, 2025 / Waymark today announced a new value-based partnership with Sentara Health Plans, the health plan division of Sentara Health, aimed at transforming care delivery for Medicaid members. The collaboration will leverage Waymark's advanced data science technologies and community-based care teams to improve outcomes for Sentara Health Plans' Medicaid members in Hampton Roads and Richmond.Waymark's local teams of community health workers (CHWs), clinical pharmacists, pharmacy technicians, licensed behavioral health therapists, and care coordinators will integrate with Sentara Health Plans' existing primary care network. Waymark's care teams will identify and engage members at rising risk of avoidable emergency department (ED) visits and hospitalizations, providing them with targeted clinical and social interventions. A 2024 study published in NEJM Catalyst found that Waymark's early interventions reduced all-cause hospital and ED visits by 22.9% for rising-risk patients in its first year of service."Our collaboration with Sentara Health Plans builds on our existing support for Virginia's Medicaid population and represents a significant step forward in our mission to make better health possible for those who need it most," said Dr. Rajaie Batniji, Co-Founder and CEO of Waymark. "By combining data-driven early interventions with a multidisciplinary care team, we are expanding provider capacity, reducing disparities and ultimately creating more equitable systems of care for Medicaid members in communities across Virginia."Waymark will offer Sentara Health Plans Medicaid members proactive preventative care, and when needed, schedule and accompany patients to primary care physicians (PCP) appointments to reduce avoidable hospitalizations and ED visits

Waymark
Dec 20th, 2024
A Q&A with Dan Frascella, Waymark's New Head of Finance

Waymark is excited to announce the newest addition to the Waymark leadership team: Dan Frascella has joined Waymark as Head of Finance.

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