Tech Company Financing Transactions
Wellvana Health Funding Round
On 3/27/2023, Wellvana Health raised $84 million in financing from Heritage Group, Valtruis and First Trust Capital Partners.
Transaction Overview
Company Name
Announced On
3/27/2023
Transaction Type
Venture Equity
Amount
$84,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds for continued growth in existing markets and new U.S. geographies.
Company Information
Company Status
Private & Independent
Industry
Healthcare Services
Mailing Address
20 Burton Hills Blvd 100
Nashville, TN 37215
USA
Nashville, TN 37215
USA
Phone
Undisclosed
Website
Email Address
Overview
The healthcare system works just as designed, but there is a basic design flaw: financial incentives are not directly tied to providing high-quality patient care. Until we align convenience, outcomes, access, and costs for the patient, we are simply nibbling around the edges of care transformation - and Wellvana does exactly that. Wellvana focuses on financially rewarding its providers to deliver high-quality care to the patient, when care is needed.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on all VC transactions involving tech companies. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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