How Much Did Wider Circle Raise?
Funding & Key Investors

Wider Circle has successfully secured a significant capital infusion, bringing its total funding to $38.2M. This latest major strategic investment of $38M underscores the company's pivotal role in transforming the landscape of community-based healthcare. By leveraging this influx of financing, the organization is well-positioned to scale its proprietary model, which integrates social support networks to improve health outcomes for vulnerable populations across the United States.

The trajectory of Wider Circle reflects a robust growth narrative, moving from initial debt financing in 2020 to a substantial Series B round in 2021. This progression highlights the market's increasing recognition of the value inherent in addressing social determinants of health through scalable, technology-enabled interventions.

What is Wider Circle?

Wider Circle
Healthcare ServicesElderly Care Services

Founded in 2015 by Moshe Pinto and Darin Buxbaum, Wider Circle operates at the intersection of healthcare technology and community engagement. The company addresses the systemic challenges faced by the elderly and chronically ill by facilitating neighbor-to-neighbor support networks. By integrating these services at the local level, Wider Circle effectively bridges the gap between clinical care and daily living requirements. Their market position is defined by a unique ability to reduce healthcare costs while simultaneously enhancing the independence and wellbeing of members, particularly those enrolled in Medicaid managed care programs.

How much funding has Wider Circle raised?

Wider Circle has raised a total of $38.1M across 2 funding rounds:

2020

Debt

$150K

2021

Series B

$38M

Debt (2020): $150K with participation from PPP

Series B (2021): $38M led by Chicago Ventures, AmeriHealth Caritas, and The Blue Venture Fund

Key Investors in Wider Circle

Chicago Ventures

A venture capital firm specializing in early-stage investments, Chicago Ventures provides operational support and high-conviction backing to founders in sectors like fintech and logistics.

AmeriHealth Caritas

A national leader in Medicaid managed care, this organization focuses on providing comprehensive healthcare solutions and wellness programs for low-income and chronically ill populations.

The Blue Venture Fund

A strategic partnership among Blue Cross Blue Shield companies that invests in healthcare technology and services to improve patient outcomes and industry value.

What's next for Wider Circle?

With the recent capital injection, Wider Circle is poised to accelerate its expansion into new geographic markets and deepen its integration with national health insurance providers. The strategic focus will likely center on enhancing their digital platform to better coordinate care and measure the efficacy of community-led health initiatives. As the healthcare industry shifts toward value-based care models, Wider Circle's emphasis on social determinants of health positions it as a critical partner for payors seeking to improve outcomes for high-risk populations. Future growth will likely involve further partnerships with organizations like AmeriHealth Caritas to refine their service delivery and expand their footprint in the Medicaid sector.

See full Wider Circle company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Healthcare Services industry

Healthcare ServicesMental Health & Rehabilitation FacilitiesNon-Profit & Charitable OrganizationsOrganizations
Elderly Care ServicesHealthcare ServicesMental Health & Rehabilitation Facilities
Elderly Care ServicesHealthcare Services
Healthcare ServicesVeterinary Services

Frequently Asked Questions Regarding Wider Circle Financial Insights

What are the most recent funding rounds that Wider Circle has completed, and what were the funding rounds?
Wider Circle has recently completed 2 funding rounds: Series B on Sep 29, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Wider Circle has raised to date?
Wider Circle has raised a total of $38.1M in funding to date.
How many funding rounds has Wider Circle completed?
Wider Circle has completed 2 funding rounds.
How much funding did Wider Circle raise in its most recent funding round?
Wider Circle raised $38M in its most recent funding round.
Who are the lead investors in Wider Circle's latest funding round?
The lead investor in Wider Circle's latest funding round was Chicago Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Wider Circle's history?
The largest funding round in Wider Circle's history was $38M.
See more information about Wider Circle