Wellist

Wellist

Personalized patient support and navigation tools

About Wellist

Simplify's Rating
Why Wellist is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$13.6M

Headquarters

Boston, Massachusetts

Founded

2013

Overview

Wellist provides personalized support tools aimed at improving patient experiences and health outcomes in the healthcare sector. Its main product, the Consumer Navigation Program, helps patients, families, and caregivers access tailored resources and support services, including hospital-specific information and community-based assistance. This program is designed to meet the unique needs of different patient populations. Wellist partners with healthcare providers to integrate its navigation tools into their systems, enhancing patient satisfaction and care. Unlike competitors, Wellist offers an omni-channel approach, allowing patients to receive support through various methods such as digital platforms, phone support, and in-person assistance. The goal of Wellist is to improve patient care and satisfaction, ultimately enhancing the brand perception of its healthcare clients.

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Simplify's Take

What believers are saying

  • Increased demand for telehealth boosts need for Wellist's integrated support platform.
  • Collaboration with CoPatient may expand services to include financial navigation.
  • Value-based care models encourage adoption of Wellist's platform for better patient outcomes.

What critics are saying

  • Competition from platforms like CarePort Health may impact Wellist's market share.
  • Reliance on healthcare providers for revenue makes Wellist vulnerable to regulatory changes.
  • Hyperlocal approach may limit scalability beyond the Boston area.

What makes Wellist unique

  • Wellist offers a hyperlocal approach tailored to specific patient populations.
  • The omni-channel strategy ensures patients access support in their preferred method.
  • Partnerships with healthcare providers integrate Wellist's tools into patient care systems.

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Funding

Total Funding

$13.6M

Meets

Industry Average

Funded Over

4 Rounds

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

Benefits

Health Insurance

Dental Insurance

Life Insurance

Disability Insurance

Paid Vacation

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

↓ -9%

1 year growth

↑ 3%

2 year growth

↓ -6%
U.S. Securities and Exchange Commission
May 7th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

McKnight's
Apr 22nd, 2024
CoPatient to collaborate with Wellist

CoPatient to collaborate with Wellist.

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