Wellth raises $20M for health app with financial rewards

MobiHealth News April 3, 2023
Emily Olsen

The startup provides an app that rewards patients for completing health behaviors like taking medications or monitoring blood pressure.

Wellth, a digital health startup that offers small financial rewards for completing health-related tasks, scooped up $20 million in Series B funding.

The round was led by SignalFire, with participation from former Evolent Health CEO Frank Williams and previous investors the Social Entrepreneurs’ Fund, CD Venture, Yabeo and the Partnership Fund for NYC.

WHAT IT DOES

Wellth works with insurers, providers and employers to offer an app that reminds users about daily health behaviors, like taking medications or monitoring blood glucose. When patients take a photo confirming they’ve completed tasks, they receive small financial incentives.

The company includes services for mental...

Today's Sponsors

Today's Sponsor