Wellframe Inc.
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Wellframe Inc. - overview
Established
2011
Location
Boston, MA, US
Primary Industry
Healthcare IT
About
Based in Massachusetts, US, and founded in 2011, Wellframe Inc. operates as a provider of digital health management solutions. Jacob Sattelmair (President and CEO), Anne Bosilevac, Archit Bhise, Chase Zaputil, Melissa Herman, Sandhya Gardner, Trishan Panch, Vinayak Ramesh are the co-founders of the company. In October 2020, the company partnered with ZeOmega, to deliver complementary capabilities and help health insurance plans achieve a seamless digital experience.
In November 2019, Wellframe Inc. raised USD 20 million in a Series C funding led by BlueCross BlueShield Venture Partners, with participation from DFJ and F-Prime Capital. The company operates as a provider of a mobile-based care management platform that enables individuals to access healthcare services online, get daily reminders of medications, book appointments, and connect with healthcare professionals. The company offers solutions including digital care management and digital advocacy.
Following the company’s partnership with ZeOmega in 2020, it plans to harness ZeOmega’s clinical intelligence to automate the exchange of information, such as sharing discharge planning or care plan goals, care reminders, digitizing upfront assessments used for accreditation and compliance, and reconciling medications before reviewing them by phone, all through its digital platform.
Current Investors
Blackstone Group, HealthEdge Software, Inc., Draper Fisher Jurvetson
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Web Applications, Software
Website
www.wellframe.com
Verticals
HealthTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Wellframe Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Wellframe Inc. | - |
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