b.well Connected Health Raises $32M in Series B Funding

b.well Connected Health

b.well Connected Health, a Baltimore, MD-based digital transformation platform for healthcare, raised $32m in Series B financing round.

The round was led by HLM Venture Partners (HLM), with participation from existing backers ThedaCare, UnityPoint Health Ventures, and Well Ventures–a subsidiary of Walgreens Boots Alliance, Inc. In conjunction with the funding, Steven Tolle, General Partner at HLM, joined b.well’s board of directors.

The company intends to use the funds to increase market penetration and advance product innovations.

Led by Kristen Valdes, CEO and Founder, b.well provides a digital transformation platform to enable their patients, health plan members, and employees with get access to care and improve their health. That in turn helps organizations to manage their population health initiatives including Medicare Advantage risk-based contracts, Direct Contracting, and Accountable Care Organizations. End users access b.well on their phone or PC to gain access to all of their health data from virtually any source—providers, insurers, labs, pharmacies, wearables, devices and apps—and to receive personalized, proactive health guidance, as well as navigation to care in-person or virtually.

FinSMEs

26/07/2021