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 278 active competitors, including 72 funded and 18 that have exited. Its top competitors include companies like Closedloop Medicine, Memora Health and Rimidi Diabetes.
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 278 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 | Documents |
|---|---|---|---|---|
WELLFRAME, INC CIN: 454144637 , United States, Active | Dec 31, 1999 | - | 163 (As on Dec 31, 2020) | - |
Wellframe, Inc. CIN: 20191494818 , United States, Deadpooled | Jun 18, 2019 | - | - | - |
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 | 3279432 | Series C | 6992907 | 8617762 | 9686584 | 9053123 |
Jul 12, 2017 | 1111494 | Series B | 7120229 | 1583649 | 5487875 | |
Sep 08, 2014 | 5731119 | Series A | 5199583 | 6073657 |
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 Closedloop Medicine, Memora Health and Rimidi Diabetes. 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 | Closedloop Medicine 2017, Cambridge (United Kingdom), Series A | Developer of personalized medicine platforms combining drug therapy and digital care | $30M | 66/100 | |
3rd | Memora Health 2015, Boston (United States), Acquired | Mobile platform for chronic disease management | $80.6M | 63/100 | |
4th | Rimidi Diabetes 2012, Coral Gables (United States), Acquired | Cloud-based platform for diabetes management | $12.8M | 63/100 | |
5th | ChartSpan 2012, Greenville (United States), Series A | Mobile app for Patient health records | $37.2M | 63/100 | |
6th | VitalTech 2002, Plano (United States), Acquired | Provider of a cloud-based platform for monitoring patient and employee health | $26.3M | 62/100 | |
7th | Brook 2015, Series A | Provider of remote patient care blending clinical teams with artificial intelligence | $32M | 60/100 | |
8th | TimeDoc 2015, Chicago (United States), Series B | Provider of the chronic care management solution for healthcare professionals | $56.7M | 56/100 | |
9th | Glytec 2005, United States, Series C | Cloud based platform for diabetes and insulin management | $56.3M | 56/100 | |
10th | ThoroughCare 2013, Spartanburg (United States), Series A | Care coordination software and clinical guidance to optimize patient care management | $13.2M | 55/100 |
Looking for more details on Wellframe's competitors? Click here to see the top ones
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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HealthEdge Software’s Acquisition of WellframeGlobal Legal Chronicle•Oct 25, 2021•HealthEdge, Wellframe
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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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F-Prime Capital Leads $15M Investment in Wellframe | Business WireBusiness Wire•Jul 12, 2017•Wellframe, F-Prime Capital, DFJ
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