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Well Secures $30 Million to Accelerate Its AI-Powered Health Engagement System
S For Story/10656414
CHAPEL HILL, N.C., April 15, 2025 ~ A leading innovator in AI-driven health engagement, Well, has recently announced securing an additional $30 million in funding. This brings the company's total funding to over $150 million and will be used to expand their AI platform, improve operational capabilities, and proactively predict and address emerging health risks within employee populations.
The funding round was supported by both new strategic partners and existing lead investors from previous rounds. According to David Werry, Co-Founder & President of Well, the company's impressive engagement metrics speak for themselves. With an average of 300 interactions per member annually and 25% of users engaging daily, it is clear that Well's platform is powerful and user-friendly. But beyond just engagement, the real success lies in the results. Werry notes a 90 Net Promoter Score (NPS) and a tangible 5%+ improvement in critical Healthcare Effectiveness Data and Information Set (HEDIS) measures across diverse Fortune 500 populations.
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The investment will be used to enhance several key areas of Well's operations. This includes further development of their AI algorithms to analyze real-time health data and deliver precise interventions tailored to individual needs. Additionally, there will be a focus on improving concierge support through Well Guides - a team of nurses, pharmacists, social workers, nutritionists, and billing experts - as well as expanding their Intervention Design Lab for rapid testing and deployment of new engagement strategies.
One area that sets Well apart from traditional approaches is their focus on the "N of 1" - tailoring interventions to each employee's unique needs. This personalized approach has proven successful in creating healthier and more productive workforces for employers.
Gary Loveman, Co-Founder & CEO of Well, believes that the company's sophisticated engagement platform empowers employees to take control of their health. He states that this investment underscores the growing recognition of Well's potential to revolutionize employee wellness programs.
To learn more about how Well can transform your employee wellness program, visit their website at https://www.well.co/. With this significant investment, Well is poised to continue making a positive impact on the health and well-being of employees across various industries.
The funding round was supported by both new strategic partners and existing lead investors from previous rounds. According to David Werry, Co-Founder & President of Well, the company's impressive engagement metrics speak for themselves. With an average of 300 interactions per member annually and 25% of users engaging daily, it is clear that Well's platform is powerful and user-friendly. But beyond just engagement, the real success lies in the results. Werry notes a 90 Net Promoter Score (NPS) and a tangible 5%+ improvement in critical Healthcare Effectiveness Data and Information Set (HEDIS) measures across diverse Fortune 500 populations.
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The investment will be used to enhance several key areas of Well's operations. This includes further development of their AI algorithms to analyze real-time health data and deliver precise interventions tailored to individual needs. Additionally, there will be a focus on improving concierge support through Well Guides - a team of nurses, pharmacists, social workers, nutritionists, and billing experts - as well as expanding their Intervention Design Lab for rapid testing and deployment of new engagement strategies.
One area that sets Well apart from traditional approaches is their focus on the "N of 1" - tailoring interventions to each employee's unique needs. This personalized approach has proven successful in creating healthier and more productive workforces for employers.
Gary Loveman, Co-Founder & CEO of Well, believes that the company's sophisticated engagement platform empowers employees to take control of their health. He states that this investment underscores the growing recognition of Well's potential to revolutionize employee wellness programs.
To learn more about how Well can transform your employee wellness program, visit their website at https://www.well.co/. With this significant investment, Well is poised to continue making a positive impact on the health and well-being of employees across various industries.
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