What is Wellframe?
Founded in 2011 and headquartered in Boston, Massachusetts, Wellframe operates within the health technology sector, offering a sophisticated care management platform. This solution is designed to empower organizations to effectively manage both clinical and financial risks associated with patient care. By providing tools for enhanced coordination and proactive engagement, Wellframe aims to improve health outcomes while optimizing resource allocation for its clients.
How much funding has Wellframe raised?
Wellframe has raised a total of $25M across 3 funding rounds:
Angel/Seed
$1.5M
Series A
$8.5M
Series B
$15M
Angel/Seed (2014): $1.5M, investors not publicly disclosed
Series A (2014): $8.5M led by Waterline Ventures, Formation8, Queensbridge Venture Partners, and DFJ
Series B (2017): $15M supported by F-Prime Capital and DFJ
Key Investors in Wellframe
F-Prime Capital
F-Prime Capital is a venture capital firm established in 2002, focusing on investments in healthcare and technology. They provide a team of investors, engineers, doctors, and scientists to support portfolio companies.
DFJ
Draper Fisher Jurvetson (DFJ) is a global venture capital firm with a mission to fund extraordinary entrepreneurs. They have a broad investment focus across numerous sectors and a significant track record of backing transformative companies.
Waterline Ventures
Waterline Ventures is an investment firm specializing in early growth technology and service-enabled technology companies within the healthcare sector. They focus on building relationships with entrepreneurs and providing tailored capital solutions.
What's next for Wellframe?
The recent major strategic investment signals a pivotal growth phase for Wellframe. With this influx of capital, the company is poised to accelerate its product development, expand its market reach, and further enhance its platform's capabilities. This strategic financing is expected to fuel Wellframe's mission to transform care management, enabling more organizations to navigate the complexities of value-based care and achieve better results for both patients and payers.
See full Wellframe company page
