Well

Well

Personalized health plans with financial incentives

About

Well.co offers personalized health improvement plans and financial incentives to individuals aiming to enhance their health and wellbeing. Members start by completing a questionnaire that helps create a tailored health plan with specific goals and rewards. The company also provides support services like assistance with medical bills and healthcare navigation, and members can earn gift cards for achieving their health goals. Well.co generates revenue by serving both individuals and companies, focusing on overall health, including mental wellbeing.

Company Stage

Growth Equity (Venture Capital)

Employees

201-500

Industries

Social Impact, Healthcare

Total Funding

$201.3M

Headquarters

Chapel Hill, North Carolina

Founded

2019


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Simplify's Take

What believers are saying

  • Well raised $70M in Series B funding, boosting its growth and development potential.
  • Integration of wearable technology allows Well to offer real-time personalized health insights.
  • The rise of telehealth services expands Well's virtual health offerings and consumer reach.

What critics are saying

  • Increased competition from new healthcare AI startups with similar reward systems.
  • Potential user engagement decline as financial incentives and challenges lose novelty.
  • Rapid expansion post-funding may lead to operational inefficiencies if not managed well.

What makes Well unique

  • Well offers personalized health plans with financial incentives for achieving health goals.
  • The company provides support services like medical bill understanding and healthcare navigation.
  • Well's AI-driven health engine analyzes health triggers for personalized health improvement.

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Growth & Insights
Headcount

6 month growth

-1%

1 year growth

1%

2 year growth

1%

Benefits

Hybrid work policy

PTO

Volunteer time off

Free coffee & snacks

Parental leave

Health, dental, & vision insurance

HSA & FSA

401k

Learning time off

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