How Much Did WellTrackONE Raise?
Funding & Key Investors

WellTrackONE has solidified its position in the healthcare technology landscape, securing a total capital infusion of $5.3M across multiple financing rounds. The company recently finalized a major strategic investment of $187K, marking a significant milestone in its operational evolution. This latest injection of capital underscores the firm's ongoing commitment to scaling its proprietary wellness management infrastructure and expanding its footprint within the senior care market.

What is WellTrackONE?

WellTrackONE
SoftwareHealthcare SoftwareBusiness Services

WellTrackONE operates at the intersection of clinical efficiency and regulatory compliance, providing a specialized platform for Annual Wellness Visits (AWVs). By streamlining Health Risk Assessments and Chronic Care Management, the company enables healthcare providers and senior living facilities to optimize patient outcomes while navigating complex CMS requirements. The platform serves as a critical tool for MIPS and MACRA compliance, offering actionable clinical recommendations and risk adjustment coding that directly impact the financial health of medical practices. Through its data-driven approach, WellTrackONE effectively bridges the gap between administrative burden and high-quality patient care, positioning itself as an essential partner for providers aiming to improve operational performance in a value-based care environment.

How much funding has WellTrackONE raised?

WellTrackONE has raised a total of $5.3M across 5 funding rounds:

2014

Private Equity

$891K

2015

Series A

$1.5M

2016

Private Equity

$1.9M

2017

Private Equity

$774K

2021

Debt

$187K

Private Equity (2014): $891K, investors not publicly disclosed

Series A (2015): $1.5M led by BioAdvance and Easton Capital Group

Private Equity (2016): $1.9M, investors not publicly disclosed

Private Equity (2017): $774K, investors not publicly disclosed

Debt (2021): $187K backed by PPP

Key Investors in WellTrackONE

BioAdvance

BioAdvance Capital is an investment firm focused on early-stage life-science companies in the Mid-Atlantic region, aiming to improve human health and quality of life.

Easton Capital Group

Easton Capital Investment Group manages approximately $200 million on behalf of institutional investors, focusing on strategic growth investments with a long-term perspective.

Undisclosed Investors

Undisclosed Investors

What's next for WellTrackONE?

With the recent influx of capital, WellTrackONE is well-positioned to accelerate its product development roadmap and deepen its market penetration. The company is expected to focus on enhancing its automated reporting capabilities and expanding its suite of clinical decision support tools. As the healthcare industry continues to shift toward value-based reimbursement models, WellTrackONE's ability to simplify compliance and improve patient engagement will likely serve as a primary driver for future growth. Strategic priorities will likely include scaling its sales force to reach a broader network of healthcare providers and potentially exploring new integrations with electronic health record systems to further embed its technology into the clinical workflow.

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Frequently Asked Questions Regarding WellTrackONE Financial Insights

What are the most recent funding rounds that WellTrackONE has completed, and what were the funding rounds?
WellTrackONE has recently completed 3 funding rounds: Debt on Jan 19, 2021, Private Equity on Jul 11, 2017, Private Equity on Dec 4, 2016.
What is the total amount of funding WellTrackONE has raised to date?
WellTrackONE has raised a total of $5.3M in funding to date.
How many funding rounds has WellTrackONE completed?
WellTrackONE has completed 3 funding rounds.
How much funding did WellTrackONE raise in its most recent funding round?
WellTrackONE raised $187K in its most recent funding round.
Who are the lead investors in WellTrackONE's latest funding round?
The lead investor in WellTrackONE's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in WellTrackONE's history?
The largest funding round in WellTrackONE's history was $1.9M.
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