MedCity News December 4, 2024
Fello’s $10.4 million raise includes a seed investment from Glen Tullman’s 62Ventures, The Capital Factory Fellowship Fund, Katalyst Capital and Offline Ventures.
Fello, a peer support platform, announced Tuesday that it has raised $10.4 million to date. The funding will help further build out its product that supports people struggling with loneliness.
The Chicago-based company offers an app that connects people to Fellos, or those who have lived experience with challenges like alcohol use, drug use, parenting or relationships. These Fellos undergo an application and background check process, as well as training and an assessment. When consumers download the app, they can fill out a profile that details what they’re looking for and then get matched with a Fello or...
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