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Total amount raised
$76M
Latest funding date
2025-08-20
Location
Wellth has successfully raised $7.5 million over three funding rounds, focusing on improving care plan compliance for people with chronic diseases through behavioral economics. The platform incentivizes healthy behaviors, aiming to reduce healthcare costs and improve patient outcomes.
Wellth, a digital health company using behavioral economics to improve care plan adherence for high-risk populations, closed a $36 million Series C funding round in March 2025 (announced August 21, 2025). The round was oversubscribed and led by Mercato Partners, with participation from FCA Venture Partners, Comcast Ventures, and existing investors SignalFire, NY Life Ventures, and CD-Venture. The company has raised approximately $76 million in total funding since its founding in 2014.
Wellth's known funding history includes a $2 million seed round in May 2016 led by AXA Strategic Ventures (now AXA Venture Partners), with participation from B-Fore Capital, I2BF Venture Capital, Beta Bridge Ventures, and AltaIR Capital. In September–November 2018, the company raised a $5.1 million Series A round with investors including Boehringer Ingelheim Venture Fund, AXA Venture Partners, New York Life Insurance, Yabeo, NFP Ventures, Partnership Fund for New York City, CD-Venture, and angel investor Leonard Schaeffer. In May 2020, Wellth closed a $10 million Series A extension co-led by Boehringer Ingelheim Venture Fund and Yabeo, with participation from AXA Venture Partners, New York Life Ventures, NFP Ventures, DaVita Venture Group, Rock Health, Partnership Fund for New York City, and I2BF Global Ventures, bringing the total Series A to approximately $11.5 million. In March 2023, the company raised a $20 million Series B led by SignalFire, with participation from Frank Williams (former CEO of Evolent Health, who joined as Chairman of the Board), The Social Entrepreneurs' Fund, CD Venture, Yabeo, and Partnership Fund for NYC — bringing cumulative funding to approximately $40 million before the Series C.
The $36 million Series C, which closed in March 2025 and was publicly announced in August 2025, is being used to expand Wellth's app access across Medicare Advantage, Medicaid, D-SNP, and other high-need populations, as well as to accelerate product innovation and introduce generative AI capabilities. The oversubscribed nature of the round reflects strong investor confidence in Wellth's differentiated behavioral economics model for improving medication adherence and care plan compliance among chronically ill patients.
