# GetWellNetwork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/getwellnetwork

- Industry: Healthcare IT
- Headquarters: Bethesda, US
- Website: www.getwellnetwork.com
- Total disclosed funding: $23M
- Latest round: Series C (Mar 3, 2009)
- Investors on record: 8

## About

GetWellNetwork, Inc. is a US-based company that specializes in digital patient engagement solutions, enhancing the healthcare experience across various settings through innovative technologies and tailored services.Founded in 2000 and headquartered in Bethesda, US, GetWellNetwork, Inc. focuses on improving patient engagement in healthcare. The company has undergone no significant pivots in its business strategy. The founder, Michael O'Neil, has a history of entrepreneurship, although specific details on prior ventures are not provided. GetWellNetwork recently raised USD 0.04 mn in funding from The Leukemia & Lymphoma Society, marking its total amount raised at USD 0.04 mn across 10 deals.Get Well 360 is a comprehensive digital patient engagement solution designed to enhance the healthcare journey across multiple settings including inpatient, outpatient, community, and home environments. The platform utilizes innovative technologies such as AI and interactive SmartRoom designs to provide end-to-end support from patient admission to discharge, effectively activating, engaging, and retaining patients and members. Key offerings include population health management solutions that aim to improve member experiences and care management efficiency, as well as tools specifically tailored for pediatric care to reduce anxiety and provide age-appropriate education to young patients. Get Well's services primarily target healthcare providers, health plans, and government agencies, serving global clients across five countries and engaging over 100 million patients. The company’s solutions are tailored to fit various market needs, ensuring integration with local healthcare systems while improving overall health outcomes through technology-enabled whole health programs.Get Well operates on a business-to-business (B2B) model, providing its services primarily through subscription-based contracts with healthcare organizations, including hospitals, health plans, and government entities. Revenue is generated through formal partnerships where clients subscribe to the Get Well 360 platform, accessing a suite of tools and solutions that enhance patient engagement and care management. Transactions typically involve clients paying a recurring fee for the use of Get Well’s flagship services, which include digital engagement programs and SmartRoom technology. The pricing structure for these services is determined through tailored agreements based on the specific needs and scale of the client’s operations, ensuring that healthcare providers can integrate Get Well’s solutions effectively within their existing frameworks. The company’s established presence in various healthcare sectors positions it to continue fostering relationships with a diverse range of clients, enhancing its revenue potential.GetWellNetwork, Inc. plans to launch new products that enhance patient engagement and streamline healthcare processes, although specific release dates have not been disclosed. The company is also targeting expansion into new markets, focusing on regions that are currently underserved in digital health solutions. The recent funding of USD 0.04 mn will support these initiatives by providing the necessary resources for product development and market outreach. Additionally, the exit of Ascension Ventures from its stake indicates a strategic shift in investor focus, potentially aligning with future growth objectives.

## Funding rounds

- Series C, Mar 3, 2009, $10M — Valhalla Partners, Grosvenor Select Partners, LRVHealth, Johnson & Johnson Innovation, Village Ventures, PJC
- Series B, Dec 11, 2007, $3.8M — Valhalla Partners, Grosvenor Select Partners, LRVHealth, Village Ventures, FreshTracks Capital, PJC, Tall Oaks Capital
- Series B, Sep 30, 2006, $9M — Valhalla Partners, Grosvenor Select Partners, LRVHealth, Village Ventures, PJC, Tall Oaks Capital

## Investors

- Valhalla Partners (https://capitalatlas.ai/funds/valhalla-partners) — Series B, Series C
- Grosvenor Select Partners (https://capitalatlas.ai/funds/grosvenor-select-partners) — Series B, Series C
- LRVHealth (https://capitalatlas.ai/funds/lrvhealth) — Series B, Series C
- Village Ventures (https://capitalatlas.ai/funds/village-ventures) — Series B, Series C
- PJC (https://capitalatlas.ai/funds/pjc) — Series B, Series C
- Tall Oaks Capital (https://capitalatlas.ai/funds/tall-oaks-capital) — Series B
- FreshTracks Capital (https://capitalatlas.ai/funds/freshtracks-capital) — Series B
- Johnson & Johnson Innovation (https://capitalatlas.ai/funds/johnson-johnson-innovation) — Series C