What is WiserTogether?
WiserTogether operates at the intersection of digital health and social support, providing a robust platform designed to facilitate recovery from substance use disorders. By leveraging technology to offer resources, guidance, and socialization tools, the company addresses the critical need for community-based support systems. Their market position is defined by a dual focus: empowering individuals in recovery while engaging broader community members in healthy social practices. Through evidence-based guidance and a focus on the benefits of collective support, WiserTogether distinguishes itself as a vital resource in the healthcare ecosystem, bridging the gap between clinical treatment and long-term social stability.
How much funding has WiserTogether raised?
WiserTogether has raised a total of $25.3M across 9 funding rounds:
Angel/Seed
$1.4M
Series A
$1.2M
Unspecified
$3.4M
Unspecified
$750K
Private Equity
$6M
Series B
$9M
Private Equity
$2.5M
Private Equity
$500K
Debt
$575K
Angel/Seed (2010): $1.4M, investors not publicly disclosed
Series A (2011): $1.2M led by Grotech Ventures
Unspecified (2013): $3.4M supported by Grotech Ventures
Unspecified (2013): $750K, investors not publicly disclosed
Private Equity (2014): $6M, investors not publicly disclosed
Series B (2014): $9M with participation from 7 Wire Ventures, Grotech Ventures, Merck & Co, Martin Ventures, and Blue Heron Capital
Private Equity (2016): $2.5M, investors not publicly disclosed
Private Equity (2016): $500K, investors not publicly disclosed
Debt (2017): $575K, investors not publicly disclosed
Key Investors in WiserTogether
7 Wire Ventures
A venture capital firm specializing in early-stage digital health, focusing on empowering connected health consumers through AI and personalized coaching solutions.
Grotech Ventures
An investment firm dedicated to partnering with high-potential technology companies outside of Silicon Valley, providing strategic support to foster sustainable growth.
Martin Ventures
A healthcare-focused investment firm that partners with providers and health systems to facilitate the transition toward value-based care and improved patient outcomes.
What's next for WiserTogether?
With the recent deployment of $575K, WiserTogether is positioned to accelerate its strategic initiatives, likely focusing on platform expansion and the deepening of its community engagement tools. The company's history of securing capital from healthcare-focused investors suggests a trajectory toward further integration with value-based care models and broader health system partnerships. As the organization scales, the focus will likely shift toward enhancing the efficacy of its digital interventions and expanding its reach to underserved populations. By maintaining its commitment to evidence-based recovery support, WiserTogether is well-equipped to navigate the evolving landscape of digital health, ensuring that its resources remain accessible and impactful for those seeking long-term recovery and social belonging.
See full WiserTogether company page
