Wayspring

Healthcare ITSeries CNashville, USwayspring.com

Latest round

Series C

Last raised

Feb 2020

Total raised

$41M

Investors

4

About Wayspring

Based in the US, Wayspring, Inc.Wayspring, Inc. specializes in enhancing recovery services for substance use disorder (SUD).Wayspring focuses on advancing the treatment of substance use disorder (SUD) through a comprehensive range of services aimed at enhancing the recovery journey for health plan members. Their core offerings include personalized outreach and an interdisciplinary care model that integrates physical, behavioral, and substance use care while addressing social determinants of health (SDoH), such as housing and food security. The company employs an interdisciplinary team, comprising physicians, advanced practice nurses, licensed counselors, and engagement specialists, to provide support both virtually and in-person. These services are designed to break down barriers to treatment and ensure that individuals receive the compassionate, high-quality care needed for lasting recovery.Wayspring's revenue model centers around partnerships with health plans and community organizations, providing services that enhance care quality and optimize network performance. The company engages in transactions primarily through B2B relationships, offering its services under subscription agreements or performance-based contracts, wherein clients pay for continuous engagement and support tailored to their member populations. Revenue is generated as health plans utilize Wayspring's consultation and performance monitoring tools, which include actionable insights and strategies to improve outcomes for individuals suffering from SUD.In May 2024, Wayspring, Inc. Expansion into additional geographic regions is also on the horizon, targeting both urban and rural markets across the United States to better address the unique challenges faced by diverse populations.

Who invested in Wayspring

4 investors across 4 rounds

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Funding rounds

  1. Series C

    Feb 27, 2020

    Amount

    $15M

    Investors

    Locked

  2. Series B

    Oct 11, 2016

    Amount

    $17M

    Investors

    Locked

  3. Series A

    Jun 29, 2015

    Amount

    $8M

    Investors

    Locked

  4. Series A

    May 27, 2014

    Amount

    $0.5M

    Investors

    Locked

Questions about Wayspring

Who invested in Wayspring?

Wayspring has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Wayspring raised?

Wayspring has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Wayspring last raise money?

Wayspring's most recent round on record is a Series C, in Feb 2020.

What does Wayspring do?

Based in the US, Wayspring, Inc.

Where is Wayspring headquartered?

Wayspring is headquartered in Nashville, US.

Which VCs invest in companies like Wayspring?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Wayspring's stage. Their profiles are linked below.

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