Welkin Health, a San Francisco, CA-based patient relationship management software company, raised $17.5m in Series B funding.
The round, which brings Welkin’s total funding to $30m, was led by Altos Ventures, with participation from existing investors Thrive Capital, Red Swan Ventures, and Asset Management Ventures. In conjunction with the funding, Ram Gupta will be joining Welkin’s board of directors on behalf of Altos Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Chase Hensel, CEO and co-founder, Welkin Health provides relationship management software designed to meet the patient care needs of its customers, which include medical device companies, payers, providers, and disease management service providers.
The platform enables health care teams to work effectively and improve health outcomes.
The company closed an $8m Series A round with Thrive Capital in 2017. Since then, the company has grown from a team of 15 to 50 and more than doubled its customer base.
FinSMEs
29/05/2019