November 10, 2017
Welkin Health, a digital platform for patient relationship has got itself $8 million in a Series A finance. The financing was led by Thrive Capital run by Josh Kushner. Welkin Health is basically a startup based out in San Francisco and plans to utilize the funding to expand their team.
In a statement issued by Welkin’s CEO and co-founder, Chase Hensel said, “We’re extremely proud of the team we’ve built at Welkin. We started this company to improve the process of how healthcare is accessed and delivered, in order to change people’s lives for the better. Thrive’s support is exciting for us and really validates that the work we’re doing in this space is on point.”
Since its founding, Welkin Health has grown to support 1,300 case managers working with 200,000 patients across multiple healthcare verticals. The latest funding from Thrive Capital brings Welkin Health’s total funding to $12 million. Welkin Health plans to include talent from Google, Facebook, and Microsoft. The funding will also be used to increase the number of partnerships with patient-centered digital health, companies working on medical devices, life science, and more.
“What impressed us about Welkin is their deep understanding of the healthcare industry coupled with their technical expertise,” Thrive Capital’s Kareem Zaki, who led the deal, said. “Not only have they built an impressive technological platform, but they are solving tangible problems for healthcare organizations and ensuring all key players are set up for success,” he added.