b.well Connected Health secures $16 million in Series A
b.well Connected Health , the platform designed to provide consumers a new front end to healthcare, announced the close of a $16 million Series A investment round. The Series A round was led by UnityPoint Health Ventures, the venture capital arm of UnityPoint Health. Other investors include ThedaCare – a leading Wisconsin-based community health system, and Well Ventures – a subsidiary of Walgreens Boots Alliance, Inc (WBA). Previously, b.well raised $11.5 million in seed funding, bringing the company’s total funding to over $27 million.
The b.well Connected Health platform integrates data, insights and partners into a single, customized solution, enabling individuals to take control of their healthcare experience. It provides the healthcare eco-system with a long overdue middleware, connecting separate, often complex and already existing programs, to achieve interoperability and aggregation.
The platform works horizontally across the system to consolidate a 360-degree view of consumers’ real-time data, and vertically to integrate the rapidly growing point solutions to provide timely healthcare services and support to consumers that is relevant to their needs. As a result, b.well transforms the way consumers interact with their health care by empowering them with a ‘first-screen’ mobile platform to manage all of their healthcare in one location that is persistent, portable, and personalized.
“Over the past five years b.well has successfully partnered with self-insured employers, payers, health systems and providers by providing them the software to configure and launch their own unique digital health strategy with a sharp focus on consumer experience. Building on this strong foundation, and with increased demand for digital delivery of health services that support population health and value-based care models, we are now focusing on our growth strategy. We welcome the opportunity to work with our new directors to advance our mission to help individuals take control of their healthcare experience.” – Kristen Valdes, Founder and CEO, b.well Connected Health.