b.well Connected Health Raises $16M in Series A Funding

b.well Connected Health, a Baltimore, MD-based platform designed to provide consumers a new front end to healthcare, closed a $16m Series A funding.

The round was led by UnityPoint Health Ventures, the venture capital arm of UnityPoint Health, with participation from ThedaCare – a Wisconsin-based community health system, and Well Ventures – a subsidiary of Walgreens Boots Alliance, Inc (WBA). In conjunction with the funding, Austin Duke, PhD, Senior Venture Associate, UnityPoint Health Ventures, and Imran Andrabi, MD, President and CEO, ThedaCare, will join the b.well Connected Health Board of Directors. Giovanni Monti (SVP Healthcare Services) and Li Zhong (VP Global, Mergers & Acquisitions) from WBA will also join the Board of Directors in voting and non-voting capacities. Previously, the company raised $11.5m in seed funding, bringing the company’s total funding to over $27m.

Led by Kristen Valdes, Founder and CEO, b.well Connected Health provides a platform that integrates data, insights and partners into a single, customized solution, enabling individuals to take control of their healthcare experience. It provides the healthcare eco-system with an overdue middleware, connecting existing programs, to achieve interoperability and aggregation.

FinSMEs

11/03/2020

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