Wello Closes $1M Seed Funding

Wello, a San Francisco, CA-based developer of an online two-way video training platform, has closed a $1m seed funding round.

Backers include investors from Kleiner Perkins, Mohr Davidow, Aberdare Ventures and Mayo Ventures, as well as Morado Ventures, S-Cubed Capital, PhilQuo Ventures and other unnamed angel investors.

The company intends to use the capital to expand its hiring, sales and business development efforts.

Launched in July 2012 by Leslie Silverglide and Ann Scott Plante, Wello enables consumers to choose from over 150 fitness professionals to work out with over live two-­‐way video. Trainers personalize each workout session so that it aligns with a client’s specific interests and needs.

FinSMEs

28/11/2012

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