Wellframe - About the company
Wellframe is an acquired company based in Boston (United States), founded in 2011 by Vinayak Ramesh and Archit Bhise. It operates as a Mobile and AI-based platform offering support to providers for better patient engagement. Wellframe has raised $45.1M in funding from investors like DFJ, Rock Health and F-Prime Capital. The company has 592 active competitors, including 123 funded and 37 that have exited. Its top competitors include companies like Vytalize Health, Closedloop Medicine and Zyla.
Company Details
Mobile and AI-based platform offering support to providers for better patient engagement. The Wellframe solution combines mobile devices and artificial intelligence with human care to provide patients with daily guidance and support while helping providers identify and patient needs and manage risk more dynamically across a population and over time. Additionally, care managers can use the information to provide more timely, up-to-date, and personalized feedback to their patients, in order to maximize patient adherence.
- Website
- www.wellframe.com/
- Email ID
- *****@wellframe.com
- Registered Address
- Boston, Massachusetts
Key Metrics
Founded Year
2011
Location
Boston, United States
Stage
Acquired
Total Funding
$45.1M in 6 rounds
Latest Funding Round
Ranked
1st among 592 active competitors
Employee Count
38 as on May 31, 2026
Similar Companies
Exit Details
Acquired by HealthEdge (Oct 19, 2021)
Legal entities associated with Wellframe
Wellframe is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Wellframe, Inc. CIN: 20191494818 , United States, Deadpooled | Jun 18, 2019 | - | - | - |
WELLFRAME, INC CIN: 454144637 , United States, Active | Dec 31, 1999 | - | 163 (As on Dec 31, 2020) | - |
Wellframe's acquisition details
Wellframe got acquired by HealthEdge on Oct 19, 2021.
Click here to take a look at Wellframe's acquisition in detail
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Wellframe's funding and investors
Wellframe has raised a total funding of $45.1M over 6 rounds. Its first funding round was on Aug 31, 2012. Its latest funding round was a Series C round on Nov 19, 2019 for $*****. 3 investors participated in its latest round. Wellframe has 11 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Wellframe:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 19, 2019 | 8241923 | Series C | 7778245 | 3374545 | 1336319 | 4173930 |
Jul 12, 2017 | 4917781 | Series B | 8122794 | 3722176 | 8118515 | |
Sep 08, 2014 | 1811256 | Series A | 4949953 | 8978073 |
View details of Wellframe's funding rounds and investors
Wellframe's founders and board of directors
Founder? Claim ProfileThe founders of Wellframe are Vinayak Ramesh and Archit Bhise.
Here are the details of Wellframe's key team members:
- Vinayak Ramesh: Former Co-Founder of Wellframe and founder of 3 other companies, My Health Planner, Ikigai and Ikigai. They serve on the board of 1 company.Contact Info: 1 email address
- Archit Bhise: Former Co-Founder of Wellframe and founder of 1 other company.
View details of Wellframe's Founder profiles and Board Members
Wellframe's employee count trend
Wellframe has 38 employees as of May 26. Here is Wellframe's employee count trend over the years:
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Wellframe's Competitors and alternates
Top competitors of Wellframe include Vytalize Health, Closedloop Medicine and Zyla. Here is the list of Top 10 competitors of Wellframe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wellframe 2011, Boston (United States), Acquired | Mobile and AI-based platform offering support to providers for better patient engagement | $45.1M | 67/100 | |
2nd | Vytalize Health 2014, New York City (United States), Series B | Mobile app to book on demand in home healthcare services | $170M | 65/100 | |
3rd | Closedloop Medicine 2017, Cambridge (United Kingdom), Series A | Developer of personalized medicine platforms combining drug therapy and digital care | $30M | 64/100 | |
4th | AI-based healthcare management platform offering various solutions | $6.27M | 64/100 | ||
5th | Memora Health 2015, Boston (United States), Acquired | Mobile platform for chronic disease management | $80.6M | 63/100 | |
6th | ChartSpan 2012, Greenville (United States), Series A | Mobile app for Patient health records | $37.2M | 63/100 | |
7th | Brook 2015, Series A | Provider of remote patient care blending clinical teams with artificial intelligence | $32M | 63/100 | |
8th | Rimidi Diabetes 2012, Coral Gables (United States), Acquired | Cloud-based platform for diabetes management | $10.8M | 63/100 | |
9th | PatientPing 2013, Boston (United States), Acquired | Cloud based care coordination and management tool for providers | $103M | 62/100 | |
10th | Strive Health 2008, Denver (United States), Series D | Provider of value-based kidney care solutions. It offers comprehensive care programs for patients with chronic kidney disease, encompassing various stages of the disease, including dialysis and transplantation. The company partners with healthcare systems, payors, and nephrologists to deliver integrated care, utilizing a technology platform for predictive analytics and personalized care plans. Services include population health management and multi-specialty care teams. The goal is to improve patient outcomes and reduce the overall cost of care. | $606M | 59/100 |
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Wellframe's Investments and acquisitions
Wellframe has made no investments or acquisitions yet.
Reports related to Wellframe
Here is the latest report on Wellframe's sector:
News related to Wellframe
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Wellframe and Linkwell Health Launch Wellsquared to Close the Gap Between Health Plans and their MembersInsuranceNewsNet•Sep 29, 2022•Wellframe, Linkwell Health
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Linkwell Health and Wellframe Earn Prestigious Aster Gold Award for Excellence in Content MarketingACROFAN•Jun 16, 2022•Linkwell Health, Wellframe
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HealthEdge Software’s Acquisition of WellframeGlobal Legal Chronicle•Oct 25, 2021•HealthEdge, Wellframe
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Wellframe and Validic Form Strategic Collaboration to Enhance Care Management Support with Biometric MonitoringGlobeNewswire•Apr 14, 2021•Wellframe, Validic
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Wellframe’s Melissa Herman Named 2020 CFO of the Year by Boston Business JournalBusiness Wire•Sep 15, 2020•Wellframe
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Wellframe Secures $20M in Funding to Advance Digital Health ManagementVCA Online•Nov 19, 2019•BlueCross BlueShield Venture Partners, Threshold, F-Prime Capital, Wellframe
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Wellframe Ranked on Deloitte’s Technology Fast 500 and Named a Top Place to Work by The Boston GlobeBusiness Wire•Nov 18, 2019•Wellframe
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Wellframe Awarded Patent for Innovative Mobile-Enabled Care Interventions to Monitor Ongoing Patient Progress and Improve Patient ComplianceGlobeNewswire•Apr 03, 2018•Wellframe
•
F-Prime Capital Leads $15M Investment in Wellframe | Business WireBusiness Wire•Jul 12, 2017•Wellframe, F-Prime Capital, DFJ
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