What is Wisdo?
Wisdo operates as a leading social health platform, leveraging artificial intelligence to provide peer support and intervention. The company's technology is designed to address the detrimental effects of social isolation on both mental and physical well-being. Proven to reduce social isolation rates by 23% and increase positive mental and physical health experiences by 39% among its members, Wisdo also contributes to a substantial reduction in overall medical costs. The platform offers a direct-to-consumer subscription app and a business-to-business-to-consumer channel, partnering with health insurance providers and employers aiming to lower medical expenses, enhance employee productivity, and boost overall engagement.
How much funding has Wisdo raised?
Wisdo has raised a total of $22M across 2 funding rounds:
Angel/Seed
$11M
Series A
$11M
Angel/Seed (2018): $11M, investors not publicly disclosed
Series A (2023): $11M led by Marius Nacht, Bridge Builders Collaborative, and Alive Israel Healthtech Fund
Key Investors in Wisdo
Bridge Builders Collaborative
Bridge Builders Collaborative is an investment company established in 2013, focusing on scalable applications, practices, products, and tools. Based in Minnesota, Wisconsin, they likely seek impactful ventures.
Marius Nacht
Marius Nacht is an investor participating in the funding round, likely bringing strategic expertise in technology and innovation.
Alive Israel Healthtech Fund
Alive Israel Healthtech Fund is an investment entity focused on the health technology sector, indicating a strategic interest in Wisdo's market.
What's next for Wisdo?
The recent enterprise-level funding positions Wisdo for accelerated growth and expanded market penetration. As a Series A company, Wisdo is poised to scale its operations, further develop its AI capabilities, and broaden its reach within the healthtech sector. This strategic investment will likely fuel initiatives aimed at enhancing user experience, forging new partnerships with healthcare organizations, and solidifying its role as a critical tool in preventative health and mental wellness solutions. The company's focus on measurable health outcomes and cost reduction makes it an attractive proposition for both consumers and enterprise clients.
See full Wisdo company page
