Work Here?
About Well
Industries
Social Impact
Healthcare
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$206.9M
Headquarters
Chapel Hill, North Carolina
Founded
2019
Overview
Well.co provides personalized health improvement plans and financial incentives to individuals seeking to enhance their health and wellbeing. The process begins with a questionnaire that assesses each member's health needs and goals, allowing Well.co to create a tailored health plan that includes specific objectives, rewards, and encouragement based on individual behaviors. In addition to these plans, Well.co offers support services such as assistance with understanding medical bills, navigating the healthcare system, and scheduling appointments with local providers. A distinctive aspect of Well.co is its financial incentives, where members can earn gift cards from popular brands for reaching their health goals, along with a sign-up bonus and ongoing challenges to maintain engagement. The company generates revenue by providing its services to both individuals and employers, making it an appealing option for companies focused on employee wellbeing.
Simplify's Take
What believers are saying
- Increased interest in remote health services expands Well's potential user base.
- AI-driven personalized plans improve health outcomes and user engagement.
- Focus on mental health positions Well competitively in the health and wellness market.
What critics are saying
- Increased competition from new healthcare AI startups with similar reward systems.
- Potential market saturation in health and wellness apps challenges Well's differentiation.
- Regulatory scrutiny on financial incentives could impact Well's business model.
What makes Well unique
- Well offers personalized health plans using AI and behavioral economics techniques.
- Financial incentives motivate users to achieve health goals, enhancing engagement and retention.
- Comprehensive support services help members navigate healthcare, including medical bills and appointments.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$206.9M
Above
Industry Average
Funded Over
4 Rounds
General CatalystBenefits
Hybrid work policy
PTO
Volunteer time off
Free coffee & snacks
Parental leave
Health, dental, & vision insurance
HSA & FSA
401k
Learning time off
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↓ -1%AUSTIN, Texas--(BUSINESS WIRE)--Todd M. Pope initially joined Revival as a Resident Operating Partner in February 2020 and after more than two years in this role, Revival is pleased to announce that Todd has been appointed as a Partner and a member of the Investment Committee. Todd will expand his leadership role within the firm’s investment team and will continue to serve as a Director on the Board of Distalmotion, a Revival portfolio company. “Todd has been in the Revival family for a number of years. We believe his experience, industry leadership, and shared values provide our entire team and investors extraordinary benefits,” said Rick Anderson, Chairman and Managing Director of Revival
Well Dot, Inc., a Chapel Hill, N.C. and Newton, Mass.-based consumer-focused health improvement platform that combines artificial intelligence, advanced behavioral economic techniques and on-demand human guidance, completed $70m in Series B equity financing
The startup was founded by a former Caesars Entertainment executive and uses a reward system similar to that of gambling to get its users active.
Well, a personal health startup with home offices in Chapel Hill and Newton, Mass., has been on a fast track of development with the pandemic driving more attetnion to remote health services and the s
Well is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
Business & Strategy
2 Open Roles
Customer Experience & Support
1 Open Roles
People Also Viewed
Discover companies similar to Well
About Well
Industries
Social Impact
Healthcare
Company Size
201-500
Company Stage
Growth Equity (Venture Capital)
Total Funding
$206.9M
Headquarters
Chapel Hill, North Carolina
Founded
2019
Well is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
Business & Strategy
2 Open Roles
Customer Experience & Support
1 Open Roles
People Also Viewed
Discover companies similar to Well