Tech Company Inital Public Offerings
American Well IPO
On 9/16/2020, American Well completed its IPO
Transaction Overview
Company Name
Announced On
9/16/2020
Transaction Type
IPO
Amount
$741,600,000
Proceeds Purpose
Management says it will use the net proceeds from the IPO as follows:increasing engineering and development to expand the functionality and value of our core technology platform;reducing operational and support costs through increased investment in automation, self-help and artificial intelligence;expanding our sales force and account management team;developing new verticals, including investment in market-specific functionality along with sales and operational support; andpotential acquisitions (both U.S. and international) to acquire new products, services, clients and member lives, although we have no commitments with respect to any such acquisitions at this time.
Company Information
Company Status
Publicly-held
Industry
Healthcare Services
Mailing Address
75 State St. 26th Floor
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
Founded by industry veterans Drs. Ido and Roy Schoenberg, American Well's (NYSE: AMWL) mission is to improve access to quality care and make it more affordable and transparent for consumers. We do this by using mobile and web technology to remove barriers such as distance, mobility, and time.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ido Schoenberg
Chief Information Officer
Jason Medeiros
Chief Medical Officer
Peter Antall
Chief Technical Officer
Jon Freshman
President
Roy Schoenberg
VP - General Counsel
Brad Gay
VP - Human Resources
Lisa Archer
VP - Marketing
Michael Putnam
VP - Product Management
Katie Ruigh
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