Uwill, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Uwill, Inc. - overview

Established

2020

Location

Natick, MA, US

Primary Industry

Healthcare Specialists

About

Uwill, Inc. is a U. S. -based provider of teletherapy and mental wellness solutions, delivering rapid access to licensed counseling services for individuals and communities.


Founded in 2020, Uwill, Inc. specializes in mental health services, providing a technology-driven platform that connects users to licensed counselors. The company is headquartered in Natick, US. Michael London, the CEO, leads the firm, which has secured a total of USD 30.


00 mn in funding through 3 deals, with the most recent being a Series A round led by Education Growth Partners on April 28, 2023. The total valuation of Uwill stands at USD 78. 648 mn. Uwill offers a comprehensive suite of mental health and wellness solutions primarily through immediate teletherapy appointments, crisis conversations, and wellness programming, all tailored to the unique needs of users.


Their core product is a technology-driven platform that connects individuals with 100% licensed counselors, ensuring access to mental health support within five minutes for scheduled appointments and 30 seconds for crisis situations. This service targets a diverse clientele, including higher education institutions, K-12 schools, employers, and licensed therapists, effectively reaching over three million users across all 50 U. S. states and in 40 countries worldwide.


Additionally, Uwill’s proprietary technology allows for customization, enabling institutions and employers to integrate mental health resources seamlessly into their existing wellness offerings. Uwill generates revenue through partnerships and subscription models with educational institutions and employers, allowing them to provide mental health services to their communities. Business transactions typically involve institutions subscribing to Uwill's platform, which includes access to its teletherapy services and wellness programs, facilitating direct-to-consumer interactions for students and employees. This B2B model allows for scalable service offerings while maintaining a focus on immediacy and accessibility.


Pricing structures are designed to accommodate the specific needs of partners and may include tiered packages based on the number of users or sessions provided, aligning with the company's mission to offer equitable and barrier-free mental health support. Following the Series A funding of USD 30. 00 mn led by Education Growth Partners in April 2023, Uwill plans to accelerate the development of its offerings and expand its student aid services. The funding will support initiatives to enhance their platform and broaden their reach to new educational markets, with specific targets for expansion not currently detailed but expected to unfold in the near future.


Current Investors

Education Growth Partners

Primary Industry

Healthcare Specialists

Sub Industries

Healthcare IT, Mental Health Services, Social Networking & Communication Platform, Medical Software

Website

www.uwill.com

Verticals

HealthTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.