When was Well founded?

Well was founded in 1993 and raised its 1st funding round 26 years after it was founded.

Where is Well located?

Well is headquartered in Chapel Hill, United States. It is registered at Chapel Hill, North Carolina.

How many employees does Well have?

As of Jul 31, 2026, the latest employee count at Well is 456.

Is Well a funded company?

Well is a funded company, having raised a total of $178M across 5 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Nov 2019.

When was the latest funding round of Well?

Well's latest funding was a $***** Series B round on Apr 16, 2025, with participation from 0 investor.

Where does Well rank among its competitors?

Well ranks 3rd amongst 58 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Lantern, which secured $30M in Mar, 2026.

Who are the top competitors of Well?

Well's top competitors include Naluri, Lantern and Push Doctor. Among them, Lantern secured the most recent funding round in March, 2026.

Well - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of personalized health improvement plans with financial incentives and concierge support. The company develops individualized health pathways based on member patterns and behaviors. It offers financial rewards for achieving health goals and provides live, on-demand concierge support for understanding healthcare bills, coverage, navigation, and provider scheduling. The company also delivers personalized health journeys and suggestions, along with coaching services to help members reach their objectives.

Website: well.co
Registered Address: Chapel Hill, North Carolina

Key Metrics

Founded Year

1993

Location

Chapel Hill, United States

Stage

Series B

Total Funding

$178M in 5 rounds

Latest Funding Round

Series B, Apr 16, 2025, $*****

Investors

General Catalyst & 3 more

Ranked

3^rd among 58 active competitors

Employee Count

456 as on Jul 31, 2026

Similar Companies

Naluri & 77 more

View Well's full profile

Well is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
WELL DOT INC. CIN: 833190954 , United States, Active	Dec 26, 999	-	207 (As on Dec 31, 2024)	-

Well has raised a total funding of $178M over 5 rounds. Its first funding round was on Nov 2019. Well has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Well:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2025	8934308	Series B	3649788	4890294	7734582	9319152
Oct 15, 2021	8757443	Series B	7225442	4687073	2380745	9930608
Dec 15, 2020	3216730	Conventional Debt	9830752	3289552	3931619	General Catalyst & 2 more

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View details of Well's funding rounds and investors

The founders of Well is Gary Loveman.

Here are the details of Well's key team members:

Gary Loveman: Co-founder & President of Well.
Contact Info: 1 email address

View details of Well's Founder profiles and Board Members

Well's employee count trend

Well has 456 employees as of Jul 26. Here is Well's employee count trend over the years:

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Top competitors of Well include Naluri, Lantern and Push Doctor. Here is the list of Top 10 competitors of Well, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Naluri 2017, Kuala Lumpur (Malaysia), Series B	Provider of employee wellness programs for physical and mental health	$19.9M	Global Founders Capital, 500 Durians & 19 others	69/100
2nd	Lantern 2010, Dallas (United States), Series D	Provider of specialty care access platform for surgery, cancer, and infusion therapies	$32.5M	Echo Health Ventures, Dundon Capital Partners ... & 2 others	63/100
3rd	Well 1993, Chapel Hill (United States), Series B	Provider of personalized health improvement plans with financial incentives and concierge support	$178M	General Catalyst, Floating Point & 2 others	57/100
4th	Push Doctor 2013, Manchester (United Kingdom), Acquired	Provider of an online doctor consultation platform	$77.1M	Draper Esprit, Molten Ventures & 30 others	48/100
5th	URLife 1999, Hyderabad (India), Unfunded	Provider of a platform for fitness programs and an online shop for nutritional supplements	-	-	48/100
6th	Truworth Wellness 2011, Bengaluru (India), Funding Raised	Provider of employee assistance programs, health benefits, and wellness solutions	-	Visually	46/100
7th	American Specialty Health 1987, Carmel (United States), Late Stage	Provider of health plans for employees	-	TA Associates	46/100
8th	Quantum CorpHealth 2012, Mumbai (India), Seed	Provider of home nursing care and check up services	$602K	ICICI Bank	44/100
9th	Marquee Health 2014, Chicago (United States), Acquired	Provider of customized corporate wellness programs	-	-	44/100
10th	Advanta 2010, Newark (United States), Seed	Provider of fitness and nutrition programs for individuals and employees	$487K	-	40/100